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In this thought-provoking book, well known economists Kurz and Salvadori cover original findings and new vistas on old problems. They cover: alternative interpretations of classical economists new growth theory the relationship between Sraffian theory and Von Neumann the treatment of capital in...
Persistent link: https://www.econbiz.de/10012655038
The globalization of capital and product markets has many implications for economic welfare. Countries can specialize …, one potentially adverse effect of globalization is the possibility that business cycle volatility might increase. Rapid …
Persistent link: https://www.econbiz.de/10001680906
The globalization of capital and product markets has many implications for economic welfare. Countries can specialize …, one potentially adverse effect of globalization is the possibility that business cycle volatility might increase. Rapid …
Persistent link: https://www.econbiz.de/10011474806
Zentralbanken selbst Getriebene einer bereits länger bestehenden realwirtschaftlichen Entwicklung, die man mit dem Begriff „säkulare …
Persistent link: https://www.econbiz.de/10014021736
Has the labor share declined? And what is the impact of international trade? These questions are not only relevant in an international context they also matter for understanding the regional distribution of incomes in a given country. In this paper, we study two regions with trade exposures that...
Persistent link: https://www.econbiz.de/10003867593
From a theoretical point of view, greater trade openness affects firm-level volatility by changing the exposure and the reaction of firms to macroeconomic shocks. The net effect is ambiguous, though. This paper provides firm-level evidence on the link between openness and volatility. Using two...
Persistent link: https://www.econbiz.de/10003398412
Persistent link: https://www.econbiz.de/10012991165
Globalization may impose a double-burden on low-skilled workers. On the one hand, the relative supply of low … test the predictions of the model. Our results show that greater financial globalization and development increases the … dampening impact. -- labor-market volatility ; skill levels ; financial globalization …
Persistent link: https://www.econbiz.de/10003850520
Globalization seems to have diminished the importance of geographical distance. However, empirical studies find that …
Persistent link: https://www.econbiz.de/10010260619
Persistent link: https://www.econbiz.de/10001760341