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This dissertation examines the impact of globalisation when labour markets are imperfect. Chapters 2 and 3 start with an overview about recent trends in globalisation and provide evidence for labour market rigidity in developed countries. Chapter 4 studies minimum wages in a simple factor...
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The three chapters of this thesis look at the interaction of monetary and regulatory policy with financial markets. The first chapter analyses optimal monetary policy in the presence of liquidity constrained consumers, the proportion of which varies with house prices. In the second chapter, the...
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This thesis analyzes the strategic market entry decisions of multinational enterprises. The dissertation is organized in four chapters. Chapter 1 serves as an introduction and describes the recent trends and relevant literature as regards this form of international capital flows. Chapter 2 and...
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