About one in four workers challenges her dismissal in front of a labor court in France. Using a data set of individual labor disputes brought to French courts over the years 1996 to 2003, we examine the impact of labor court activity on labor market flows. First, we present a simple theoretical...

One of the most prominent phenomena in the development process of the South Korean economy has been the surge of its direct foreign investment (DFI). In the 14 years between 1980 and 1994, South Korea's annual outward DFI increased more than 109 times, in current U.S. dollar terms. The article...