NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

NBER Working Papers by Assaf Razin

Contact and additional information for this authorAll publicationsWorking Papers only

Working Papers

August 2013Migration into the Welfare State: Tax and Migration Competition
w19346
Migration and Fiscal Competition within a Union
with Efraim Sadka: w19282
January 2013Three Branches of Theories of Financial Crises
with Itay Goldstein: w18670
September 2012A Tale of Politically-Failing Single-Currency Area
with Steven Rosefielde: w18352
October 2011Welfare Magnet Hypothesis, Fiscal Burden and Immigration Skill Selectivity
with Jackline Wahba: w17515
February 2011Free vs. Controlled Migration: Bilateral Country Study
with Jackline Wahba: w16831
Currency and Financial Crises of the 1990s and 2000s
with Steven Rosefielde: w16754
January 2011Tax Competition and Migration: The Race-to-the-Bottom Hypothesis Revisited
with Efraim Sadka: w16670
December 2010Equity Prices and Equity Flows: Testing Theory of the Information-Efficiency Tradeoff
with Anuk Serechetapongse: w16651
October 2010Composition of Capital Flows: A Survey
with Koralai Kirabaeva: w16492
July 2010Fiscal and Migration Competition
with Efraim Sadka: w16224
February 2010Liquidity, Institutional Quality and the Composition of International Equity Flows
with Itay Goldstein, Hui Tong: w15727
December 2009Composition of International Capital Flows: A Survey
with Koralai Kirabaeva: w15599
Migration and the Welfare State: A Dynamic Political-Economy Theory
with Efraim Sadka, Benjarong Suwankiri: w15597
July 2009The Impact of Credit Protection on Stock Prices in the Presence of Credit Crunches
with Galina Hale, Hui Tong: w15141
May 2009Migration-Regime Liberalization and Social Security: Political-Economy Effect
with Edith Sand: w15013
March 2009Migration and the welfare state: Dynamic Political-Economy Theory
with Efraim Sadka, Benjarong Suwankiri: w14784
February 2009The Skill Composition of Migration and the Generosity of the Welfare State
with Alon Cohen, Efraim Sadka: w14738
October 2008The Skill Composition of Immigrants and the Generosity of the Welfare State: Free vs. Policy-Controlled Migration
with Alon Cohen: w14459
Inflation-Output Tradeoff as Equilibrium Outcome of Globalization
with Alon Binyamini: w14379
January 2008Liquidity, Institutional Quality and the Composition of International Equity Outflows
with Itay Goldstein, Hui Tong: w13723
November 2007The Political-Economy Positive Role of the Social Security System in Sustaining Immigration (But Not Vice Versa)
with Edith Sand: w13598
July 2007Flattened Inflation-Output Tradeoff and Enhanced Anti-Inflation Policy: Outcome of Globalization?
with Alon Binyamini: w13280
May 2007Productivity and Taxes as Drivers of FDI
with Efraim Sadka: w13094
Credit Constraints and Stock Price Volatility
with Galina Hale, Hui Tong: w13089
December 2006Immigration and the Survival of Social Security: A Political Economy Model
with Edith Sand: w12800
March 2006Institutional Weakness and Stock Price Volatility
with Galina Hale, Hui Tong: w12127
January 2006Vying for Foreign Direct Investment: A EU-type Model of Tax Competition
with Efraim Sadka: w11991
November 2005Evaluation of Currency Regimes: The Unique Role of Sudden Stops
with Yona Rubinstein: w11785
An Information-Based Trade Off between Foreign Direct Investment and Foreign Portfolio Investment
with Itay Goldstein: w11757
September 2005Bilateral FDI Flows: Threshold Barriers and Productivity Shocks
with Efraim Sadka, Hui Tong: w11639
Globalization and Inflation-Output Tradeoffs
with Prakash Loungani: w11641
March 2005Corporate Taxation and Bilateral FDI with Threshold Barriers
with Yona Rubinstein, Efraim Sadka: w11196
February 2005Evaluation of Exchange-Rate, Capital Market, and Dollarization Regimes in the Presence of Sudden Stops
with Yona Rubinstein: w11131
January 2005Foreign Direct Investment vs. Foreiegn Portfolio Investment
with Itay Goldstein: w11047
December 2004Aging and the Welfare State: The Role of Young and Old Voting Pivots
with Efraim Sadka: w10967
Globalization and Disinflation: A Note
w10954
November 2004Fixed Costs and FDI: The Conflicting Effects of Productivity Shocks
with Yona Rubinstein, Efraim Sadka: w10864
August 2004Welfare Migration: Is the Net Fiscal Burden a Good Measure of Its Economic Impact on the Welfare of the Native Born Population?
with Efraim Sadka: w10682
July 2004Capital Income Taxation in the Globalized World
with Efraim Sadka: w10630
June 2004Growth Effects of the Exchange-Rate Regime and the Capital-Account Openness in A Crisis-Prone World Market: A Nuanced View
with Yona Rubinstein: w10555
February 2004Aggregate Supply and Potential Output
w10294
December 2003Which Countries Export FDI, and How Much?
with Yona Rubinstein, Efraim Sadka: w10145
May 2003The Role of Information in Driving FDI Flows: Host-Country Tranparency and Source Country Specialization
with Ashoka Mody, Efraim Sadka: w9662
April 2003A Brazilian-Type Debt Crisis: Simple Analytics
with Efraim Sadka: w9606
January 2003An Information-Based Trade Off Between Foreign Direct Investment and Foreign Portfolio Investment: Volatility, Transparency, and Welfare
with Itay Goldstein: w9426
November 2002Trade Openness, Investment Instability and Terms-of-Trade Volatility
with Efraim Sadka, Tarek Coury: w9332
October 2002The Stability and Growth Pact as an Impediment to Privatizing Social Security
with Efraim Sadka: w9278
The Role of Information in Driving FDI: Theory and Evidence
with Ashoka Mody, Efraim Sadka: w9255
September 2002FDI Contribution to Capital Flows and Investment in Capacity
w9204
A Brazilian Debt-Crisis Model
with Efraim Sadka: w9211
A Brazilian Debt-Crisis
with Efraim Sadka: w9160
June 2002Gains from FDI Inflows with Incomplete Information
with Efraim Sadka: w9008
March 2002Trade Openness and Investment Instability
with Efraim Sadka, Tarek Coury: w8827
December 2001Why International Equity Inflows to Emerging Markets are Inefficient and Small Relative to International Debt Flows
with Efraim Sadka, Chi-Wa Yuen: w8659
July 2001The Aging Population and the Size of the Welfare State
with Efraim Sadka, Phillip Swagel: w8405
June 2001The "New Keynesian" Phillips Curve: Closed Economy vs. Open Economy
with Chi-Wa Yuen: w8313
March 2001Country Risk and Capital Flow Reversals
with Efraim Sadka: w8171
June 2000Do Debt Flows Crowd Out Equity Flows Or the Other Way Round?
with Efraim Sadka, Chi-Wa Yuen: w7736
October 1999Excessive FDI Flows Under Asymmetric Information
with Efraim Sadka, Chi-Wa Yuen: w7400
August 1999Optimal International Taxation and Growth Rate Convergence: Tax Competition vs. Coordination
with Chi-Wa Yuen: r2242
May 1999Understanding the "Problem of Economic Development": The Role of Factor Mobility and International Taxation
with Chi-Wa Yuen: w7115
March 1999Unskilled Migration: A Burden or a Boon for the Welfare State
with Efraim Sadka: w7013
January 1999An Information-Based Model of Foreign Direct Investment: The Gains from Trade Revisited
with Efraim Sadka, Chi-Wa Yuen: w6884
November 1998Migration and Pension
with Efraim Sadka: w6778
September 1998Tax Burden and Migration: A Political Economy Theory and Evidence
with Effraim Sadka, Phillip Swagel: w6734
June 1998Current Account Reversals and Currency Crises: Empirical Regularities
with Gian Maria Milesi-Ferrett: w6620
March 1998Factor Mobility and Income Growth: Two Convergence Hypotheses
with Chi-Wa Yuen: w5135
Labor Mobility and Fiscal Coordination
with Chi-Wa Yuen: w5433
December 1997Sharp Reductions in Current Account Deficits: An Empirical Analyis
with Gian Maria Milesi-Ferrett: w6310
Channeling Domestic Savings into Productive Investment Under Asymmetric Information: The Essential Role of Foreign Direct Investment
with Efraim Sadka, Chi-Wa Yuen: w6338
Quantitative Implications of the Home Bias: Foreign Underinvestment, Domestic Oversaving, and Corrective Taxation
with Efraim Sadka, Chi-Wa Yuen: w6339
October 1997International Migration and International Trade
with Efraim Sadka: w4230
March 1997Current Account Sustainability: Selected East Asian and Latin American Experiences
with Gian Maria Milesi-Ferrett: w5791
December 1996Sustainability of Persistent Current Account Deficits
with Gian Maria Milesi-Ferrett: w5467
Tax Burden and Migration: A Political Economy Perspective
with Efraim Sadka: w5850
April 1996Vanishing Tax on Capital Income in the Open Economy
with Efraim Sadka: w3796
Capital Income Taxation and Long Run Growth: New Perspectives
with Chi-Wa Yuen: w5028
March 1996Tax Principles and Capital Inflows: Is It Efficient to Tax Nonresident Income?
with Efraim Sadka, Chi-Wa Yuen: w5513
August 1995Can Capital Controls Alter the Inflation-Unemployment Tradeoff?
with Chi-Wa Yuen: w5239
July 1995The Dynamic-Optimizing Approach to the Current Account: Theory and Evidence
w4334
June 1995Resisting Migration: The Problems of Wage Rigidity and the Social Burden
with Efraim Sadka: w4903
April 1995Effective Tax Rates in Macroeconomics: Cross-Country Estimates of Tax Rates on Factor Incomes and Consumption
with Enrique G. Mendoza, Linda L. Tesar: w4864
February 1995International Fiscal Policy Coordination and Competition: An Exposition
with Efraim Sadka: w3779
August 1994Business Cycle Volatility and Openness: An Exploratory Cross-Section Analysis
with Andrew Rose: w4208
Convergence in Growth Rates: The Role of Capital Mobility and International Taxation
with Chi-Wa Yuen: w4214
April 1994Targeting the Exchange Rate: An Empirical Investigation
with Shula Pessach: w3662
July 1993Tax Policy, Investments in Human and Physical Capital, and Productivity
with Marc Nerlove, Efraim Sadka, Robert K. von Weizsacker: w3531
April 1993Convergence in Growth Rates: A Quantitative Assessment of the Role of Capital Mobility and International Taxation
with Chi-Wa Yuen: w4336
April 1992Determinants of External Imbalances: The Role Taxes, Government Spending and Productivity
with Leonardo Leiderman: w3738
December 1991International Tax Competition and Gains from Tax Harmonization
with Efraim Sadka: w3152
October 1991Optimal Incentives to Domestic Investment in the Presence of Capital Flight
with Efraim Sadka: w3080
August 1991A Strategic Altruism Model In Which Ricardian Equivalence Does Not Hold
with Laurence J. Kotlikoff, Robert W. Rosenthal: w2699
April 1991Capital Market Integration: Issues of International Taxation
with Efraim Sadka: w3281
March 1991International VAT Harmonization: Economic Effects
with Jacob A. Frenkel, Steve Symansky: w3656
January 1991Fiscal Policies and the Stock Market: International Dimensions
w2389
December 1990Basic Concepts of International Taxation
with Jacob Frenkel, Efraim Sadka: w3540
July 1990Integration of the International Capital Markets: The Size of Government and Tax Coordination
with Efraim Sadka: w2863
International Spillovers of Taxation
with Jacob A. Frenkel, Steve Symansky: w2927
August 1989Exchange-Rate Management Viewed as Tax Policies
with Jacob A. Frenkel: w2653
A Bequest-Constrained Economy: Welfare Analysis
with Marc Nerlove, Efraim Sadka: w2779
July 1989International Effects of Tax Reforms
with Jacob A. Frenkel: w2873
June 1989Fiscal Policies and Real Exchange Rates in the World Economy
with Jacob A. Frenkel: w2065
April 1989Propogation of Shocks in a High-Inflation Economy: Israel, 1980-85
with Leonardo Leiderman: w2003
The Mundell-Flemming Model: A Quarter Century Later
with Jacob A. Frenkel: w2321
March 1989Budget Deficits Under Alternative Tax Systems
with Jacob A. Frenkel: r1152
February 1989Testing Ricardian Neutrality with an Intertemporal Stochastic Model
with Leonardo Leiderman: w2258
October 1988Making Bequests Without Spoiling Children: Bequests as an Implicit Optimal Tax Structure and the Possibility That Altruistic Bequests are not Equaliz
with Laurence J. Kotlikoff: w2735
April 1987Exchange Rate Management: Intertemporal Tradoffs
with Elhanan Helpman: w1590
November 1986Deficits with Distortionary Taxes: International Dimensions
with Jacob A. Frenkel: w2080
October 1986The International Transmission and Effects of Fiscal Policies
with Jacob A. Frenkel: w1799
September 1986Consumption and Government-Budget Finance in a High-Deficit Economy
with Leonardo Leiderman: w2032
August 1986Budget Deficits and Rates of Interest in the World Economy
with Jacob A. Frenkel: w1354
April 1986The Limited Viability of Dual Exchange-Rate Regimes
with Jacob A. Frenkel: w1902
1986Fiscal Policies, Debt, and International Economic Interdependence
with Jacob A. Frenkel: w1266
December 1984The International Transmission of Fiscal Expenditures and Budget Deficits in the World Economy
with Jacob A. Frenkel: w1527
October 1984International Capital Movements Under Uncertainty
with Gene M. Grossman: w1075
March 1982Stochastic Prices and Tests of Efficiency of Foreign Exchange Markets
with Jacob A. Frenkel: r0253

Contact and additional information for this authorAll publicationsWorking Papers only

 
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