In this article, we briefly review our own work, and related studies, on the impact of FDI in African countries using firm level data. Overall, research suggests that foreign multinationals can indeed benefit local firms in terms of productivity...

Absorbing external knowledge is crucial for innovation within the organization. One way of tapping external knowledge sources is to rely on employees who reach out across the firm's boundary to external stakeholders and address knowledge sets located...

A large share of global trade being priced and invoiced primarily in US dollar rather than the exporter's or the importer's currency has important impli

International student flows from emerging and developing countries have grown tremendously over the last decades. In this paper, we address the question of whether donors, who might care about the potential brain drain effects student emigration...

When modeling medium and long-term challenges we need a reference path of economic development (the so-called baseline). Because sectoral models often o

This paper considers the indirect impact the recent tariff increases between the US and China can have in third countries through links in global supply chains

The costs and benfits of moving from a flexible exchange rate regime to a monetary union depend critically on the conduct of monetary policy. In particu

This paper studies the innovation productivity of academic researchers across their career advancement. Taking patents and invention disclosures as indicators of innovation productivity and using survey data from a large German public research...

This paper studies whether corruption has a greasing or a sanding effect on the production of innovation. The main novelty lies in comparing the relative impacts on design versus utility innovation. On the one hand, corruption can undermine (sand)...

Using panel data for a large cross-country sample, we consider the influences of FDI inflows, inward development aid, and immigration on the informal sector. Both FDI and immigration increase the informal sector, with the effect of immigration being...