The paper investigates whether the market size of a regional trade agreement (RTA) is a determinant of foreign direct investment (FDI) received by countries participating in the RTA. This hypothesis is tested on a sample of 71 developing countries during the period 1980-99. Evidence is found...

Periods of economic boom with rapid credit and GDP growth can be followed by sudden busts. In the presence of financial markets imperfections, a simple modification of a neoclassical growth model can fully account for this behavior. I study a growth model for a small open economy where...

The rotational correlation function of anisotropic colloidal particles can be measured by observing the fluctuations of the depolarized intensity scattered in the forward direction. In this work we present a theoretical treatment of forward depolarized light scattering. Our calculations show the...

lowered investment costs, but has not reduced the relative cost of active (informed) investment strategies relative to passive (less informed) strategies. What are the consequences? I study an economy with linear production technologies, some more risky than others. Investors can use low quality...

This paper does two things. First, it articulates what are the main implications of theoretical and empirical research for design of labor market policies and labor market institutions. Second, in this light, the paper analyzes the IMF’s labor market recommendations since the beginning of the...

The paper examines the relationship between the rapid pace of trade and financial globalization and the rise in income inequality observed in most countries over the past two decades. Using a newly compiled panel of 51 countries over a 23-year period from 1981 to 2003, the paper reports...

E2, J3, J5, J6 </AbstractSection> Copyright Blanchard et al.; licensee Springer. 2014

Dans la plupart des pays de l’OCDE, la participation des femmes au marché du travail a fortement augmenté au cours des dernières décennies (graphique 1). Ce processus n’a pas suivi le même déroulement temporel dans tous les pays : il a démarré plus tôt dans certains (par exemple les...

This paper examines the determinants of female labour force participation in OECD countries. The econometric analysis uses a panel data set covering 17 OECD countries over the period 1985-1999, and distinguishes between part-time and full-time female participation rates. It shows a positive...