We examine the welfare properties of alternative regimes of interjurisdictional competition for heterogenous mobile firms. Firms differ not only in terms of the degree of mobility across jurisdictions but also in terms of productivity. Alternative taxation regimes represent restraints on the...

There is substantial evidence that countries or regions with stronger trade linkages tend to have business cycles which are more synchronized. However, the standard international business cycle framework cannot replicate this finding. In this paper we study a multiple- country model of...

Address before Louisville Society of Financial Analysts, Louisville, Ky., Nov. 19, 2003

Presentation to the Globalization and Outsourcing Conference, Reuters America Inc., New York, June 15, 2004

Session on Regional Economic Trends, Southern Governors' Association Meeting, Biloxi, Miss., Aug. 25, 2007

Arkansas Minority Business Development Roundtable, Little Rock, Ark., Aug. 17, 2007

Fiscal Affairs & Government Operations Committee, The Council of State Governments' Southern Legislative Conference, Louisville, Ky., July 31, 2006

The American European Community Association, Brussels, Belgium, April 16, 2007