Showing 1 - 10 of 388,984
outsourcing of investment services. Globalization, captured by a move from autarky to the integrated-world equilibrium, leads to …This paper develops a two-country, dynamic general equilibrium model with innovation contests to study the impact of … globalization on the skill premium and fully-endogenous growth. Higher quality products are endogenously discovered through …
Persistent link: https://www.econbiz.de/10013494330
The objective of this study is to enhance the understanding of inflation targeting tools, which can aid in the development of effective inflation targeting policies in the context of global trends exposure. The current paradigm of sustainable economic development is being challenged by the...
Persistent link: https://www.econbiz.de/10014358380
The G-20 has been established more than 10 years ago as a reaction to the Asian financial crisis without - at first - gaining much weight on the international scene, however, the financial crisis of 2007/08 has caused a re-vitalization on a higher level, namely as body of the "G-20 Leaders". The...
Persistent link: https://www.econbiz.de/10014168554
Today international society faces a challenge in addressing the global financial and economic crises. Never-ending debates on the key causes of financial crises shows there is uncertainty in financial matter. Unlike risk, uncertainty cannot be forecasted by mathematical and stochastic methods....
Persistent link: https://www.econbiz.de/10013104817
Persistent link: https://www.econbiz.de/10013068347
factors, including productivity, innovation, investment, trade, and employment. International law plays a crucial role in …
Persistent link: https://www.econbiz.de/10014354885
Climate change has become a pressing issue that requires comprehensive and scientific understanding of its impact on the economy. Policymakers seek answers to the questions of how climate change affects economic growth, inflation, and the financial system. To design targeted policies, it is...
Persistent link: https://www.econbiz.de/10014355731
This paper explores the effects of bank lending shocks on export behavior of Spanish firms. For that purpose, we combine Balance of Payments data on exports at the firm product-destination level with a matched bank-firm dataset incorporating information on the universe of corporate loans from...
Persistent link: https://www.econbiz.de/10012894264
This article addresses an important and complex subject relating to the link between international law and economic development. There is broad agreement that trade liberalization and participation in foreign markets play an important role in economic development. Countries in Sub-Saharan Africa...
Persistent link: https://www.econbiz.de/10013036799
This paper addresses the question of what the current international legal systems concerning subsidies for innovation … are and whether these fit the findings of economic analysis. Innovation is a very relevant economic instrument toward … achieving innovation may not be undertaken on a socially optimal level by private firms. This is because the social benefits of …
Persistent link: https://www.econbiz.de/10014040543