This volume, the fourth to result from a remarkably productive collaboration between the National Bureau of Economic Research and the Japan Center for Economic Research, presents a selection of thirteen high-caliber papers addressing issues in the employment practices, labor markets, and health,...

The book provides an understanding of the trend of MNC investments in ASEAN especially in Malaysia, Singapore and Thailand. It presents a case showing that contrary to some popular beliefs, MNC investments benefitted the host countries. In particular, industrialization of the host countries was...

While it is widely accepted that there are adjustment costs associated with the reallocation of resources in response to freer trade, in most models these costs are assumed to be very small. However, more recent evidence is casting doubt on this assumption. This paper develops a unique dataset...