Christopher Hajzler

Christopher Hajzler

Senior Analyst

Christopher Hajzler is a Senior Analyst in the Emerging Markets Division of the International Economic Analysis Department. His primary research interests include the study of the effects of political risk on international capital flows, expropriation of foreign direct investments, and Law-of-One-Price deviations within and across countries. Prior to joining the Bank of Canada, he obtained a PhD in Economics from the University of Western Ontario, and was Assistant Professor/Lecturer at the University of Otago, New Zealand.

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Christopher Hajzler

Senior Analyst
International Economic Analysis
Emerging Markets

Bank of Canada
234 Laurier Avenue West
Ottawa, ON, K1A 0G9

Curriculum vitae

Latest

Government Corruption and Foreign Direct Investment Under the Threat of Expropriation

Staff Working Paper 2016-13 Christopher Hajzler, Jonathan Rosborough
Foreign investment is often constrained by two forms of political risk: expropriation and corruption. We examine the role of government corruption in foreign direct investment (FDI) when contracts are not fully transparent and investors face the threat of expropriation.
Content Type(s): Staff Research, Staff Working Papers Topic(s): Development economics, Economic models, International topics JEL Code(s): F, F2, F21, F23, F3, F34

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Refereed Journals

  • "Distance, Language, Religion, and the Law of One Price: Evidence from Canada and Nigeria,"
    (with D. Fielding& J. MacGee), Journal of Money, Credit and Banking. (Forthcoming.)
  • "Relative Price and Inflation Variability in a Simple Consumer Search Model,"
    (with D. Fielding), Economics Letters, 123 (1): 17–22, 2014.
  • "Resource-Based FDI and Expropriation in Developing Economies," Journal of International Economics, 92 (1): 124–146, 2014.
  • "Expropriation of Foreign Direct Investments: Sectoral Patterns from 1993 to 2006," Review of World Economics/Weltwirtschaftliches Archiv, 148(1): 119–149, 2012.

Other

  • "Shaking Things UP: The Regional Effects of the Canterbury Earthquakes on Productivity and Tourism,"
    (with E. Miller), EcoNZ@Otago, Issue 32, 2014.
  • "The Efficiency of New Zealand’s 2010 Tax Reforms," EcoNZ@Otago, Issue 25, 2010.

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Bank Publications

Education

  • M.A. University of Saskatchewan
  • Ph.D. University of Western Ontario

Research Interests

  • International Economics, Macroeconomics

RePEc

Christopher Hajzler

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