Immigrants who have a better command of the host country's language are more likely to be employed and earn higher wages. Using a survey experiment among international students in Germany, I investigate whether information on the monetary benefits of mastering the language of the host country...

Immigrants who have a better command of the host country's language are more likely to be employed and earn higher wages. Using a survey experiment among international students in Germany, I investigate whether information on the monetary benefits of mastering the language of the host country...

I incorporate imperfect capital markets in a standard neoclassical model of economic growth to analyze the long run effect of capital market globalization for develping countries. In autarky, domestic savings are invested and Solow-type growth emerges. In contrast, when a country that lags...

This paper analyzes the determinants of people s attitudes towards FDI using a survey-based data set that covers a wide range of rich and poor countries. We find that both individual socioeconomic characteristics and macroeconomic factors shape agents attitudes towards multinational firms....

This paper gives a new answer to the old question of whether international trade and capital flows are substitutes or complements. In contrast to conventional intuition, we show that when Heckscher-Ohlin trade takes place in high-skill and low-skill intensive goods, this does create incentives...

I incorporate imperfect capital markets in a standard neoclassical model of economic growth to analyze the long run effect of capital market globalization for develping countries. In autarky, domestic savings are invested and Solow-type growth emerges. In contrast, when a country that lags...

Many measures customarily employed within states to provide checks to and surveillance of the exercise of power, such as public elections, are not available with regard to the political institutions of global governance. For this reason, the accountability of such institutions is frequently a...