Publications
Publications
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- All HBS Web
(776)
- Faculty Publications (273)
- 2012
- Other Unpublished Work
Selection, Reallocation, and Knowledge Spillover: Identifying the Sources of Productivity Gains from Multinational Activity
By: Laura Alfaro and Maggie X. Chen
The impact of multinational activity on host-country productivity has been a major topic of economic research. A positive impact can be attributed to knowledge spillovers from foreign multinational to domestic firms or a less stressed, alternative explanation—firm... View Details
- 2012
- Chapter
Foreign Direct Investment and Growth
By: L. Alfaro and M. S. Johnson
This paper examines the evolution of the literature on the relationship between foreign direct investment (FDI) and growth in host countries, particularly developing countries. It provides a broad overview, with a focus on two elements that have recently become... View Details
- March 28, 2011
- Guest Column
Modelo de excelencia en la gestión pública costarricense
By: Laura Alfaro
- December 27, 2010
- Guest Column
Una reflexión sobre los datos de la Encuesta Nacional de Hogares 2010. Evolución reciente de la pobreza en Costa Rica
By: Laura Alfaro
- December 25, 2010
- Guest Column
Plan Nacional de Desarrollo 2011-2014: María Teresa Obregón Zamora
By: Laura Alfaro
- December 2010
- Article
Nominal versus Indexed Debt: A Quantitative Horse Race
By: Laura Alfaro and Fabio Kanczuk
The main arguments in favor of and against nominal and indexed debt are the incentive to default through inflation versus hedging against unforeseen shocks. We model and calibrate these arguments to assess their quantitative importance. We use a dynamic equilibrium... View Details
- October 3, 2010
- Guest Column
Objetivos de Desarrollo del Milenio. Mezcla de buena voluntad, esfuerzo y perseverancia
By: Laura Alfaro
- September 13, 2010
- Guest Column
El Plan nacional de Desarrollo, herramienta al servicio de la Nación
By: Laura Alfaro
- 2010
- Other Unpublished Work
International Capital Allocation, Sovereign Borrowing, and Growth
By: Laura Alfaro, Sebnem Kalemli-Ozcan and Vadym Volosovych
The key in the investigation of "where" and "why" capital flows, relative to the neoclassical benchmark, is how we measure these flows. The macro literature has been using three main yardsticks: the current account balance, returns to capital, and the volume of net... View Details