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(760)
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Show Results For
- All HBS Web
(760)
- People (1)
- News (154)
- Research (482)
- Events (1)
- Multimedia (10)
- Faculty Publications (336)
- Research Summary
Capital Flows and Capital Goods (joint with Eliza Hammel)
By: Laura Alfaro
We examine one of the channels through which financial integration can help promote growth. In particular, we study the effects of capital account liberalization on the imports of capital goods. We pay particular attention to the effects of equity market... View Details
- Research Summary
Inflation, Openness, and Exchange-Rate Regimes. The Quest for Short-Term Commitment
By: Laura Alfaro
This paper further tests Romers (1993) extension of Kydland and Prescotts (1977) predictions on dynamic-inconsistency problems with regard to open economies. In a panel data set, I find that openness does not seem to play a role in the short run in restricting... View Details
- December 11, 2015
- Article
Latin America: Back to the Eighties or New Challenges?: [América Latina: ¿De vuelta a los ochenta o nuevos desafíos?]
By: Laura Alfaro
Alfaro, Laura. "Latin America: Back to the Eighties or New Challenges? [América Latina: ¿De vuelta a los ochenta o nuevos desafíos?]." La Nación (Costa Rica) (December 11, 2015).
- 2015
- Chapter
Foreign Direct Investment: Effects, Complementarities, and Promotion
By: Laura Alfaro
Alfaro, Laura. "Foreign Direct Investment: Effects, Complementarities, and Promotion." Chap. 2 in Partners or Creditors? Attracting Foreign Investment and Productive Development to Central America and Dominican Republic, edited by Osmel Manzano, Sebastián Auguste, and Mario Cuevas, 21–76. Inter-American Development Bank, 2015. (Also in Spanish: ¿Socios o Acreedores? Atracción de Inversión Extranjera y Desarrollo Productivo en Mesoamérica.)
- September 13, 2010
- Guest Column
El Plan nacional de Desarrollo, herramienta al servicio de la Nación
By: Laura Alfaro
- October 26, 2010
- Guest Column
Voluntad política para realizar el censo 2011
By: Laura Alfaro
Alfaro, Laura. "Voluntad política para realizar el censo 2011." Diario Extra (October 26, 2010).
- June 3, 2011
- Guest Column
Una herramienta vital
By: Laura Alfaro
Alfaro, Laura. "Una herramienta vital." La Nación (Costa Rica) (June 3, 2011).
- June 10, 2012
- Guest Column
Comicios en Grecia: una fecha decisiva?
By: Laura Alfaro
Alfaro, Laura. "Comicios en Grecia: una fecha decisiva?" La Nación (Costa Rica) (June 10, 2012).
- September 2004
- Article
Capital Controls: A Political Economy Approach
By: Laura Alfaro
This paper examines the economic consequences of political conflicts that arise when countries implement capital controls. In an overlapping-generations model, agents vote on whether to open or close an economy to capital flows. The young (workers) receive income from... View Details
Keywords: Economy; Voting; Conflict of Interests; Capital; Government and Politics; Wages; Saving; Forecasting and Prediction
Alfaro, Laura. "Capital Controls: A Political Economy Approach." Review of International Economics 12, no. 4 (September 2004): 571–590.
- 28 Aug 2023
- News
China Remains Embedded in Us Supply Chains: Jackson Hole Paper
- 09 Jun 2020
- News
Fed action, debt markets and stocks
- Research Summary
Spatial Agglomeration and Superstar Firms
By: Laura Alfaro
We characterize the agglomeration patterns of industries and plants in Europe, distinguishing Eurozone countries and the United States. Using a micro-level index, we quantify the degree of geographic concentration in industrial activities and explore how firm... View Details
- Research Summary
FDI and Economic Growth: The Role of the Local Financial Markets (joint with Areendam Chanda, Sebnem Kalemli-Ozcan, Selin Sayek)
By: Laura Alfaro
In this paper, we examine the various links among foreign direct investment (FDI), financial markets, and economic growth. We explore whether countries with better financial systems can exploit FDI more efficiently. Empirical analysis, using cross-country data between... View Details
- Research Summary
Capital flows in a Globalized Economy: The Role of Policies and Institutions (joint with Sebnem Kalemli-Ozcan and Vadym Volosovych)
By: Laura Alfaro
We describe the patterns of international capital flows in the period 1970-2000. We then examine the determinants of capital flows and capital flow volatility during this period. We find that institutional quality is an important determinant of capital flows.... View Details
- Research Summary
International Financial Integration and Entrepreneurship (joint with Andrew Charlton)
By: Laura Alfaro
We explore the relation between international financial integration and the level of entrepreneurial activity in a country. Researchers have stressed the role of new firm activity and economic dynamism on growth. Yet, the empirical effects of international capital... View Details
- Research Summary
Multinationals and Linkages: an Empirical Investigation (joint with Andres Rodriguez-Clare)
By: Laura Alfaro
Several recent papers have used plant-level data and panel econometric techniques to carefully explore the existence FDI externalities. One conclusion that emerges from this literature is that it is difficult to find evidence of positive externalities from... View Details
- November 1999
- Article
Why Governments Implement Temporary Stabilization Programs
By: Laura Alfaro
Keywords: Government and Politics
Alfaro, Laura. "Why Governments Implement Temporary Stabilization Programs." Journal of Applied Economics 2, no. 2 (November 1999).
- October 3, 2010
- Guest Column
Objetivos de Desarrollo del Milenio. Mezcla de buena voluntad, esfuerzo y perseverancia
By: Laura Alfaro
Alfaro, Laura. "Objetivos de Desarrollo del Milenio. Mezcla de buena voluntad, esfuerzo y perseverancia." La Nación (Costa Rica) (October 3, 2010).
- March 28, 2011
- Guest Column
Modelo de excelencia en la gestión pública costarricense
By: Laura Alfaro
Alfaro, Laura. "Modelo de excelencia en la gestión pública costarricense." Diario Extra (March 28, 2011).