The paper shows that in a reasonable production structure for a developing economy a brain drain of skilled labour may … liberalized trade and investment in terms of higher international mobility of skilled and unskilled labour in this period using a …

Harris-Todaro model. The analysis suggests that in a reasonable production structure for a developing economy a brain drain …

The paper shows that in a reasonable production structure for a developing economy a brain drain of skilled labour may … investment in terms of higher international mobility of skilled and unskilled labour during this period using a Harris …

This paper examines how devaluations affect the relative costs of labor and capital and therefore influence production …, profitability, investment, and stock returns for firms in the "crisis" country as well as competitors in the rest of the world … capital investment and stock returns (and therefore expected long-run output and profits) is determined by capital …

location incentives to attract investment. The use of tax incentives is a paradox, whereby fiscally strained governments offer … investment decisions of businesses. In this paper we construct a formal model of firm specific tax incentives that focuses on how … politicians take credit or minimize blame for firms' investment decisions. We test the empirical implications of this model using …