In this paper, I attempt to bring the debate over deferral up to date. The paper is divided into three sections. The … efficiency consequences of deferral. This section then proceeds to evaluate some of the theoretical arguments for deferral that … affected by the availability of deferral on active profits. Understanding the behavioral responses of firms to home and host …

This paper examines the impact of the recent wave of trade liberalization and economic reform on employment. Four … manufacturing and economy-wide employment. Across a wide range of specifications, trade reforms have had a negative, albeit small …, effect on employment growth. This effect has been reinforced by real exchange rate appreciation. …