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Job mobility in Europe, Japan and the US
Borghans, Lex; Golsteyn, Bart H. H. - 2010
uniform data covering 11 European countries and Japan. Using the NLSY, we replicate the information in this survey to compare … conventional wisdom, job mobility in Japan is only somewhat lower than the European average. (3) There are large differences in job … mobility within Europe. -- job mobility ; graduates ; Europe ; Japan ; US …
Persistent link: https://www.econbiz.de/10009314286
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Can intra-regional trade act as a global shock absorber in Africa?
Brixiova, Zuzana; Meng, Qingwei; Ncube, Mthuli - 2015
The global financial crisis and the subsequent uneven recovery have underscored the need for Africa's resilience to output and other shocks originated in the rest of the world. A comparison of two regional economic communities - the East African Community (EAC) and the Southern Africa Customs...
Persistent link: https://www.econbiz.de/10011307945
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The effect on foreign direct investment of membership in the European Union
Bruno, Randolph; Campos, Nauro; Estrin, Saul - 2020
This paper explores the impact of EU membership on foreign direct investment (FDI). It analyses empirically how the effects of such deep integration differ from other forms and investigates what drives these effects. Using a structural gravity framework on annual bilateral FDI data for almost...
Persistent link: https://www.econbiz.de/10012288695
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Trade and capital flows: substitutes or complements? : an empirical investigation
Belke, Ansgar; Domnick, Clemens - 2019
This paper examines the linkages between the trade of goods and financial assets. Do both flows behave as complements (implying a positive correlation) or as substitutes (negative correlation)? Although a classic topic in international macroeconomics, the empirical evidence has remained...
Persistent link: https://www.econbiz.de/10012099470
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Trade, wages, and productivity
Behrens, Kristian; Mion, Giordano; Murata, Yasusada; … - 2008
We develop a new general equilibrium model of trade with heterogeneous firms, variable demand elasticities and endogenously determined wages. Trade integration favors wage convergence, intensifies competition, and forces the least efficient firms to leave the market, thereby affecting aggregate...
Persistent link: https://www.econbiz.de/10003755333
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Currency areas, labor markets, and regional cyclical sensitivity
Russ, Katheryn Niles; Shambaugh, Jay C.; Singh, Sanjay R. - 2023
Persistent link: https://www.econbiz.de/10014328799
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Expectations about the Federal Reserve's balance sheet and the term structure of interest rates
Ihrig, Jane; Klee, Elizabeth; Li, Canlin; Schulte, Brett; … - 2012
Persistent link: https://www.econbiz.de/10009659853
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"Unconventional" monetary policy as conventional monetary policy : a perspective from the U.S. in the 1920s
Carlson, Mark; Duygan-Bump, Burcu - 2018
To implement monetary policy in the 1920s, the Federal Reserve utilized administered interest rates and conducted open market operations in both government securities and private money market securities, sometimes in fairly considerable amounts. We show how the Fed was able to effectively use...
Persistent link: https://www.econbiz.de/10011927094
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Retail CBDC and U.S. monetary policy implementation : a stylized balance sheet analysis
Malloy, Matthew; Martinez, Francis; Styczynski, Mary-Frances - 2022
Persistent link: https://www.econbiz.de/10013413161
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The surprisingly swift decline of US manufacturing employment
Pierce, Justin R.; Schott, Peter K. - 2013
Persistent link: https://www.econbiz.de/10010432450