China has experienced high foreign direct investment (FDI) inflows for the past 30 years since it opened its door to foreign investors especially after the early 1990s. As a result, with more and more foreign invested enterprises in China, China has experienced dramatic changes in its economy...

Poyang Lake suffers from a severe shortage of water, due to the construction of the Three Gorges Dam and other hydropower stations along the upper Yangtze River. In this paper, we propose a two-sector endogenous growth model to investigate the effects of extractive water use and impoundment...

This paper studies optimal taxation of entrepreneurial capital with private information and multiple assets. Entrepreneurial activity is subject to a dynamic moral hazard problem and entrepreneurs face idiosyncratic capital risk. We first characterize the optimal allocation subject to the...

The purpose of this paper is to study the joint determination of gender differentials in labor market outcomes and in the household division of labor. Specifically, we explore the hypothesis that incentive problems in the labor market amplify differences in earnings due to gender differentials...

Examinamos el vínculo entre la evolución del mercado laboral y las nuevas tecnologías —como la inteligencia artificial (IA) y el software— en 16 países europeos durante el período 2011-2019. Usando datos para ocupaciones al nivel de 3 dígitos en Europa, encontramos que, en promedio, el...