The issue of asymmetric information and public decision-making has been widely explored by economists. Most of the traditional analysis of public sector activities has been reviewed to take account of the different incentive problems arising from an asymmetric distribution of relevant...

This paper investigates the effects of the takeover of a domestic establishment by foreign owners on the domestic target?s development of wages for skilled and unskilled workers. We pay particular attention to identifying the causal effect, using a propensity score matching approach combined...

The debate on convergence and globalisation of national economies emphasises the role of Multinational Corporations (MNCs) with regard to the export of homecountry policies in countries where they have their plants. MNCs set a process of change in motion in which local companies attempt to catch...