also decreases average wages, productivity, and investment. The results are robust to several specification changes, and to …

firms, as well as innovating firms, tend to rely more on on-the-job training if labor regulations make hiring and firing …

"This paper examines the implications of bank activity and short-term funding strategies for bank risk and returns … risky, which is consistent with the demise of the U.S. investment banking sector. "--World Bank web site …

. Specifically, they analyze the investment allocation decision of mutual fund managers to invest in emerging market firms that are … hold a larger proportion of their investments in the ADR. Furthermore, funds hold a larger fraction of their investment in … ADR listings of local firms might not negatively affect local markets if the investment climate is good. "--World Bank web …