Policies aimed at favoring the attraction of FDI have been gaining strength on the agenda of national governments, largely supported by the so-called Investment Promotion Agencies (APIs). The purpose of this Discussion paper is to analyze the list of instruments adopted by such agencies. The...

Immigration policy can have important net fiscal effects that vary by immigrants' skill level. But mainstream methods to estimate these effects are problematic. Methods based on cashflow accounting offer precision at the cost of bias; methods based on general equilibrium modeling address bias...

A fundamental unresolved issue is whether information asymmetries underlie investors' predisposition to invest close to home (i.e., domestically or locally). The authors conduct experiments in the United States and Canada to investigate agents' portfolio allocation decisions, controlling for the...