Over the past two decades, China has been the worlds fastest-growing economy. My dissertation focuses on several important issues in Chinas recent development and reform:(1) Financial development and economic growth. It is widely recognized that financial sector reform is crucial to Chinas...

My dissertation evaluates technology adoption and transfer both theoretically and empirically, with the goal of providing new insights into the consequences of technology adoption -- an area that remains understudied in the macroeconomic literature. The first chapter introduces and summarizes...

A widely accepted feature of financial markets across the world is that there are limits to access credit. While this problem is extremely acute at times of economic crisis and recession, it is also prevalent at times of robust economic growth. When investment opportunities in an economy are...

ECONOMICS ESSAYS ON THE EFFECTS OF TRADE LIBERALIZATION AND OIL PRICE VOLATILITY IN OPEN ECONOMIES OSAYI ETHEL OVBIOSA-AKINBOSOYE Dissertation under the direction of Professor Eric W. Bond This work comprises three chapters. In the first two chapters, I study the effect of reductions in...

This dissertation contains three essays. In the first essay, we consider nontraded goods as an important impact on bilateral trade flows. A testable gravity equation is derived and a simple example is demonstrated. A sample of 1995 including 118 countries is examined. The results show that...

The first chapter, Trasferability of Migration Licenses and the Distribution of Potential Rents,compares the effects of migration restrictions using licenses which are freelytraded to those that occur when licenses are allocated tofirms who are not permitted to trade them. Both domestic and...