New evidence is presented on environmental innovation and diffusion over the 1970s and
1980s. At a global level, a substantial amount of innovations occurred. In the United States, …

<p>This paper develops comparative indices of environmental policy and performance for
31 countries, using a quantified analysis of reports prepared for the United Nations …

In this paper we analyze data on nearly 1,000 developing-country bonds issued in the years
1991-96 the recent episode of heavy reliance on bonded debt. We analyze both the issue …

What accounts for the worldwide advance of financial reforms in the last quarter century?
Using a new index of financial liberalization, we find that influential events shook the policy …

An alliance is a flexible organization that allows firms with complementary strengths to
experiment with new technological, organizational, and marketing strategies. The flexibility is …

Drawing on new data and advances in exchange rate regimes’ classification, we find that
countries appear to benefit by having increasingly flexible exchange rate systems as they …

The eurozone sovereign and banking crisis evolved in three phases. Following the onset of
the subprime tremors in July 2007, the risk premia (spreads) on bonds issued by eurozone …

In the 1980s China experienced “an explosion of pent-up entrepreneurship” facilitated by
wide-ranging, although often unorthodox, economic reforms. This article uses data on the …

In international ‘location tournaments’, governments compete for foreign investment with tax
and other short-run incentives. Such tournaments can be won if agglomeration economies …

We examine the capital flows–domestic investment relationship for 60 developing countries
from 1979 to 1999. In the 1990s, even as liberalization attracted new flows, foreign capital …