Foreign direct investment (FDI) has become a much desired commodity by nations, regions and cities throughout the world. Indeed, governments bid for FDI because it is commonly thought to be an important engine of economic growth, job creation, and technological upgrading. The People’s Republic...

In this paper I develop a theoretical foundation for analyzing how gender roles in the household affect foreign direct investment in a developing country context. It is argued that the extent to which women and men share the costs of social reproduction at the household level is a central...

The Dodd-Frank Wall Street Reform and Consumer Protection Act in July 2010 is the most ambitious measure aimed at regulating U.S. financial markets since the Glass-Steagall Act was implemented in the midst of the 1930s Depression.  However, it remains an open question as to whether Dodd-Frank...

This report summarizes the findings of a UNDP-sponsored study on the structure of the financial sector, central bank policy, and employment outcomes in Ghana. The financial sector is the primary conduit through which monetary policy affects real economic outcomes, and monetary policy determines...

Madagascar, one of the poorest countries in the world, faces many challenges. But recent political stability, debt cancellation, and a strong developmental plan for the future embedded in the Madagascar Action Plan – in addition to Madagascar's long-standing advantages of great mineral and...

This previously published, but now out-of-print paper addresses the circumstances surrounding the ‘Federal Reserve - Treasury Accord of 1951. We want to make it available now because of the current intense focus on the role of the Federal Reserve in the financial crisis, which has raised...

This dissertation is constituted by three distinctive chapters or essays, but the unifying theme is how a more careful consideration of female labor supply may better inform assessments of economic growth and structural change. In chapter I, I use the insights of both cooperative and...

This paper documents the changing impact of foreign direct investment (FDI) on gendered wages in urban China. Combining household survey data from 1995 and 2002 with province-level macro-data, the paper finds that FDI as a proportion of investment has a sizable and statistically significant...