We evaluate the impact of the 2003 SARS-CoV-1 epidemic on inbound cross-border M&As in China. Provinces that experienced high level of SARS infection rates, also suffered a significant decline in cross-border M&A activity, both in terms of the number of transactions and the overall dollar...

The impact of increased export activity on plant wages is estimated in a developing country context. To avoid potential endogenous selection problems, the empirical analysis benefits from exogenous variation in exports induced by a policy experiment--an export subsidy system implemented in Chile...

Using county-level data from the 1980s and 1990s and a county-level trade measure that incorporates the county's industrial mix and patterns of international trade across industries, I provide new evidence that trade with developing countries raises the demand for skill and the skill premium in...

Economists have two standard explanations for the absence of substantial nominal wage pressures in the current macroeconomic climate. The first, and more traditional, view asserts that the NAIRU has drifted downward over the last decade, while the second posits the establishment of a "new...

Recent panel data is used to reconsider the determinants of interstate differences in the ratio of insured to total unemployment. We conclude that previous research on the influence of replacement rates, duration of jobless spells and female labor force participation is robust, but find that...

We estimate the effect of legalization on the wages and benefits of foreign-born agricultural workers. Using data from the National Agricultural Workers Survey, we employ propensity score matching techniques to compare legal permanent residents in the United States with an appropriate control...

We empirically evaluate whether participation in the U.S. Department of Agriculture's Broadband Loan Program, which began making loans in 2002, has had measurable positive impacts on zip code-level economic outcomes. Using difference in differences and propensity score matching program...

The transition economies of Central and Eastern Europe (CEE) have become important exporters of many types of services to Western Europe. We identify the sources of CEE's advantages over competing exporters, such as India, China and Brazil, using disaggregated data on service exports and a novel...