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Foreign Direct Investment in Ireland : Policy Implications for Emerging Economies

Ruane, Frances - 2006

The increasingly important role of multinational enterprises (MNEs) in the global economy is linked to questions of how the foreign direct investment (FDI) they control impacts on overall economic activity in the recipient countries. Of specific interest is the policy context in which such FDI...

Persistent link: https://www.econbiz.de/10012733127

Exchange Rates and Monetary Policy in Emerging Market Economies

Devereux, Michael B.; Lane, Philip R.; Xu, Juanyi - 2022

This paper compares alternative monetary policy rules in a model of an emerging market economy that experiences external shocks to world interest rates and the terms of trade. The model is a two-sector dynamic open economy, with endogenous capital accumulation and slow price adjustment. Two key...

Persistent link: https://www.econbiz.de/10013291927

Modelling the Longitudinal Properties of Financial Ratios of European Firms

McLeay, Stuart; Stevenson, Maxwell - 2006

The use of financial ratios by analysts to compare the performance of firms from one accounting period to the next is of growing importance with continued European economic integration. Recent studies suggest that the individual component series of financial ratios exhibit nonstationarity which...

Persistent link: https://www.econbiz.de/10014054535

Evaluating the Foreign Ownership Wage Premium Using a Difference-Indifferences Matching Approach

Girma, Sourafel - 2008

This paper seeks to identify the causal effect of foreign acquisitions on wages of skilled and unskilled workers, using difference-in-differences propensity score matching estimators. Our results suggest that there is substantial heterogeneity in the post-acquisition wage effect depending on the...

Persistent link: https://www.econbiz.de/10012726940

Tax Competition for Heterogeneous Firms with Endogenous Entry : The Case of Heterogeneous Fixed Costs

Davies, Ronald B. - 2007

This paper models tax competition for mobile firms that are differentiated by the amount of labor needed to cover fixed costs. Because tax competition affects the distribution of firms, it affects both relative equilibrium wages across countries and equilibrium prices. These in turn influence...

Persistent link: https://www.econbiz.de/10012730250

Capital Flows to Central and Eastern Europe

Lane, Philip R. - 2006

We examine the evolution of the external position in CEE countries over the past decade, with a strong emphasis on the composition of the international balance sheet. We assess the extent of their international financial integration, in comparison to the advanced economies and other emerging...

Persistent link: https://www.econbiz.de/10012733033

The Effect of FDI on Child Labor

Davies, Ronald B.; Voy, Annie - 2007

This paper examines the extent to which foreign direct investment (FDI) affects child labor. Using 1995 data for 145 countries, we find that, contrary to common fears, FDI is negatively correlated with child labor. This effect, however, disappears when controlling for per capita income. After...

Persistent link: https://www.econbiz.de/10014051404

Tax Competition for Heterogeneous Firms with Endogenous Entry

Davies, Ronald B.; Eckel, Carsten - 2007

Persistent link: https://www.econbiz.de/10014051406

The Importance of Social Factors When Assessing the Impact of Foreign Direct Investment on Economic Growth

Vo, Xuan Vinh; Batten, Jonathan A. - 2014

Employing a panel data modelling technique, we provide the answers to two critical research questions: what is the linkage between FDI and economic growth and does this relationship change under different legal, institutional, educational and economic conditions? Overall the analysis supports...

Persistent link: https://www.econbiz.de/10014026595

The International Financial Integration of China and India

Lane, Philip R. - 2006

Three main features characterize the international financial integration of China and India. First, while only having a … small global share of privately-held external assets and liabilities (with the exception of China's FDI liabilities), these … short equity, long debt. Third, China and India have improved their net external positions over the last decade although …

Persistent link: https://www.econbiz.de/10012733024