How can the poorer countries of the world be helped to help themselves through freer, fairer trade? In this challenging and controversial book, Nobel prize-winning economist Joseph E. Stiglitz and his co-author Andrew Charlton put forward a radical new solution to the problems of world trade, a...

We investigate the labour market for Uber drivers in Australia using administrative and survey data. Uber drivers’ total hours of work and driving schedules exhibit substantial heterogeneity and week-to-week variation. We identify several pathways to driving with Uber, associated with...

We explore the relation between international financial integration and the level of entrepreneurial activity in a country. We use a unique firm level data set of approximately 24 million firms in nearly 100 countries in 2004 and 1999, which enables us to present both cross-country and industry...

This paper examines how foreign ownership affects the investment decisions of subsidiary firms. We find that improvements in the investment opportunities of parent firms have a negative effect on the investment of their subsidiaries, after controlling for the investment opportunities of the...

The longer run consequences of the pandemic will partly hinge on its impact on high productivity firms, and the ongoing process of labour reallocation from low to high productivity firms. While Schumpeter (1939) proposed that recessions can accelerate this process, the nature of the COVID-19...

We use a new firm level data set that establishes the location, ownership, and activity of 650,000 multinational subsidiaries -- close to a comprehensive picture of global multinational activity. A number of patterns emerge from the data. Most foreign direct investment (FDI) occurs between rich...

We use a new firm level data set that establishes the location, ownership, and activity of 650,000 multinational subsidiaries - close to a comprehensive picture of global multinational activity. A number of patterns emerge from the data. Most foreign direct investment (FDI) occurs between rich...