This paper examines whether policies to promote foreign direct investment (FDI) make economic sense. The discussion focuses on whether existing academic research suggests that the benefits of FDI are sufficient to justify the kind of policy interventions seen in practice. For small open economies, efficient taxation of foreign and domestic capital depends on their relative mobility. If foreign ...

This paper examines the migration response to a millionaire tax in New Jersey, which raised its income tax rate on top earners by 2.6 percentage points to 8.97 percent, one of the highest tax rates in the country. Drawing on unique state tax micro-data, we estimate the migration response of millionaires to the rate increase, using a difference-in-differences estimation strategy. The results ind...

Conley and Wilkie (1993) introduced and axiomatized the Nash extension bargaining solution, defined on a domain of comprehensive but not necessarily convex problems. In this paper we present a non-cooperative game that implements the Nash extension solution in subgame perfect equilibria in the limit as the discount rate applied between rounds of play vanishes. Journal of Economic Literature Cla...

Four studies (n = 1199) tested support for the idea that implicit theories about the fixedness versus malleability of gender roles (entity vs. incremental theories) predict differences in the degree of gender system justification, that is, support for the status quo in relations between women and men in society. Relative to an incremental theory, the holding of an entity theory correlated with ...

The field of comparative cognition has been largely concerned with the degree to which animals have analogs of the cognitive capacities of humans (e.g., imitation, categorization), but recently attention has been directed to behavior that is judged to be biased or suboptimal. We and some of our colleagues have studied several of these and have found that pigeons too show similar paradoxical beh...

In many application areas including economics, experts describe their knowledge by using imprecise (“fuzzy”) words from natural language. To design an automatic control system, it is therefore necessary to translate this knowledge into precise computer-understandable terms. To perform such a translation, a special semi-heuristic fuzzy methodology was designed. This methodology has been successf...

The funding proposed here will provide an apparatus for precisely displaying 3D sounds, advancing understanding of how humans use sound to locate sources and analyze their environment, and exploring how audition affects and is affected by vision. Specifically the proposed research aims to answer the complementary questions • What information is used to locate the source of a sound within a list...

My theory is a version of foundationalism. Foundationalism says that there are certain beliefs, the so-called "foundational beliefs," which we are justified in holding and which do not depend on any other beliefs for their justification. Perceptual beliefs, in my view, are foundational. Notice that the definition of foundational beliefs does not say that they do not depend on anything else for ...

the quranic gramatical inflection (e,rab)and analyzing of this holy text based on the arabic rules and grammar is one of the oldest quranic sciences. on the other hand, for some reasons different gramatical inflections are mentioned or are probable sometimes for one or some words or phrases in quran. here, there is a need to justify these gramatical inflections or to analyze their authenticity....