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Based on U.S. data, the returns on foreign direct investment in emerging markets are shown to be...

This paper presents evidence on the political and economic determinants of social sector spending...

Recent work on the political economy of fiscal policy has asked how budgetary institutions affect...

This paper seeks to contribute to the unresolved issue of the effect of economic integration on...

The paper models the incentives for a self-interested government to implement "good policies"....

We study the effects of electoral institutions on the size and composition of public expenditure...