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Multiple Cause (MIMIC) model. Our analysis is conducted on a cross-section of 85 countries; we focus on international linkages … that may have allowed the crisis to spread across countries. Our model of the cross-country incidence of the crisis … are both national (such as equity market run-ups that preceded the crisis) and, critically, international financial and …
Persistent link: https://www.econbiz.de/10008528523
Conventional wisdom holds that protectionism is counter-cyclic; tariffs, quotas and the like grow during recessions. While that may have been a valid description of the data before the Second World War, it is no longer accurate. In the post-war era, protectionism has not actually moved...
Persistent link: https://www.econbiz.de/10011083599
deeper social and political determinants, the various economic mechanisms in play defy the idea of a monocausal explanation. …
Persistent link: https://www.econbiz.de/10011083510
, thus enabling new merchants in these countries to benefit from Atlantic trade. Therefore, the Rise of Europe was largely …
Persistent link: https://www.econbiz.de/10005067437
The paper studies attitudes toward immigration and trade using an opinion survey of two thousand French individuals. We … countries) attitudes toward trade and immigration are correlated and both are ideologically loaded. Right-wing affiliation is … broader attitude. It may help explain the predominantly anti-trade rhetoric of France's right-wing governments, although …
Persistent link: https://www.econbiz.de/10005136730
restraint caused by greater imports, assuming unchanged monetary policy, can explain a fall in inflation of up to 0.14% per … bias of monetary policy. Our results suggest that increased trade could account for as much as a quarter of European …
Persistent link: https://www.econbiz.de/10005667140
such huge dimensions. Yet, from independence to mid-century Mexico did better on this score than did most countries around … sources into those attributable to productivity events in the core and to globalization forces connecting core to periphery …, and to those attributable to domestic forces specific to Mexico. It uses a neo-Ricardian model (with non …
Persistent link: https://www.econbiz.de/10005123574
fact been bell-shaped. We argue that this bell-shaped evolution of wage inequality can be linked to globalization and a … rise in offshoring. To analyze the relationship between globalization, offshoring and relative wages, we develop a general … equilibrium model of trade and offshoring. This reveals that globalization and offshoring have two opposing effects on relative …
Persistent link: https://www.econbiz.de/10005123637
This paper analyzes empirically the relationship between civil wars and international trade. We first show that trade … risk during civil wars but it may also act as an insurance if international trade provides a substitute to internal trade …
Persistent link: https://www.econbiz.de/10005124456
The Paper analyses (i) if globalization is undemocratic, (ii) if NGOs can fill a gap in representation and … accountability, and (iii) the role of inter-governmental (undemocratic) international institutions like the World Bank with regard to … democracy and globalization. A major part deals with the question of whether globalization enhances democracy. The answer is …
Persistent link: https://www.econbiz.de/10005497698