NBER Grab Bag

Merely skimming the latest NBER abstracts can be very stimulating:

FDI is responsible for much of China’s growth, higher domestic saving rates encourage more FDI, and political risk alters the FDI structure. And while we ought to ditch the body mass index, unfavorable health conditions may not be the root cause of underdevelopment. Plus, measuring trade in services is really tough.