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A North-South model is developed which incorporates an endogenous rate of equilibrium unemployment in the North in the context of long-run growth. It is shown how increases in the size of public debt and unemployment compensation financed by payroll taxation, all measured relative to...
Persistent link: https://www.econbiz.de/10014117416
Persistent link: https://www.econbiz.de/10009618551
Recent trade negotiations, both at the regional and multilateral level, have seen a resurgence of the issue of trade and labour standards. As the world economy becomes increasingly globalised and the volume of world trade flows keeps increasing between the North and the South, it is very likely...
Persistent link: https://www.econbiz.de/10011514094
Recent trade negotiations, both at the regional and multilateral level, have seen a resurgence of the issue of trade and labour standards. As the world economy becomes increasingly globalised and the volume of world trade flows keeps increasing between the North and the South, it is very likely...
Persistent link: https://www.econbiz.de/10013320153
A model of North-South intraindustry trade in quality differentiated products is proposed to examine the role of country-of-origin reputation in determining the competitive edge of emerging industries. It is shown that if consumers rationally harbor negative expectations about the quality of...
Persistent link: https://www.econbiz.de/10014074510
Recent trade negotiations, both at the regional and multilateral level, have seen a resurgence of the issue of trade and labour standards. As the world economy becomes increasingly globalised and the volume of world trade flows keeps increasing between the North and the South, it is very likely...
Persistent link: https://www.econbiz.de/10001725375
Persistent link: https://www.econbiz.de/10003431221
Persistent link: https://www.econbiz.de/10003366496
We present a theory of endogenous fiscal policy and growth. Fiscal policy — debt, income tax, spending on local public …
Persistent link: https://www.econbiz.de/10013013181
We present a theory of endogenous fiscal policy and growth. Fiscal policy -- debt, income tax, spending on local public …
Persistent link: https://www.econbiz.de/10012457009