We assess the welfare effects of India’s workfare program NREGA using a novel, almost sharp regression discontinuity design. find large seasonal consumption increases in states implementing intensely, which are multiple direct income gains. also adolescents’ schooling. Our results imply substantial beneficial indirect this program. conclude that public employment programs hold significant poten...

Foreign direct investment (FDI) can increase productivity and wages. However, it is also often accompanied by primary income deficits as foreign-owned firms repatriate their profits. The welfare effects of FDI are thus ambiguous. A particularly illustrative example this phenomenon the Visegrád 4 (V4) countries (Czech Republic, Hungary, Poland, Slovakia). This paper investigates whether be benef...