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Heid, Benedikt; Larch, Mario - Institut für Weltwirtschaft (IfW) - 2011

A source of anxiety of policy makers and the public in general is the detrimental impact of globalization and immigration on unemployment. The transitory restrictions for worker migration after the EU enlargements of 2004 and 2007 exemplify the supposed negative effect of immigration on labor...

Persistent link: https://www.econbiz.de/10009372166

Southern enlargement of the European Union and capital account liberalization: Lessons for Central and Eastern Europe

Buch, Claudia M.; Heinrich, Ralph P.; Piazolo, Daniel - Institut für Weltwirtschaft (IfW) - 1998

The integration of the central and eastern European countries into the international capital markets has been and will be determined by the process of European Union (EU) integration. Our analysis shows that southern and eastern European countries already appear to be surprisingly similar...

Persistent link: https://www.econbiz.de/10009276349

Globalisation as a 'good times' phenomenon: a search-based explanation

Edwards, T. Huw - Institut für Weltwirtschaft (IfW) - 2009

Globalisation is associated with long periods of sustained economic growth and credit expansion, whereas major recessions tend to lead to falling trade and protectionism. The sensitivity of trade to global economic conditions is not simply driven by policy: rather, in a model of costly search,...

Persistent link: https://www.econbiz.de/10008561130

Capital account openness, political institutions and FDI in the MENA region: An empirical investigation

Gammoudi, Mouna; Cherif, Mondher - Institut für Weltwirtschaft (IfW) - 2015

This paper examines how capital account liberalization (CAL) affects Foreign Direct Investment (FDI) inflows. The authors use the System Generalized-Method-of-Moments (GMM) estimator developed for the dynamic panel model for a sample of 17 Middle East and North Africa (MENA) countries from 1985...

Persistent link: https://www.econbiz.de/10011185915

Economic impacts of climate change on two Mexican coastal fisheries: Implications to food security

Aguilar Ibarra, Alonso; Sanchez Vargas, Armando; … - Institut für Weltwirtschaft (IfW) - 2012

This paper has a two-fold objective. First, to estimate the changes in landings value by 2030 of two Mexican coastal fisheries: shrimp and sardines as a consequence of climate change. And second, to discuss the implications for food security of such impacts. We estimated output equations using a...

Persistent link: https://www.econbiz.de/10010956022

Islands in trade: Disentangling distance from border effects

Groizard, José Luis; Marques, Helena; Gallego Santana, … - Institut für Weltwirtschaft (IfW) - 2014

. First an augmented gravity model is estimated for mainland and island regions; then a Blinder-Oaxaca decomposition is … applied to the gravity estimation results in order to disentangle the distance and border effects for those regions, net of … all other factors controlled for in the gravity estimations. Results show that island regions are at a substantial …

Persistent link: https://www.econbiz.de/10010956055

Exports under the Flicker of the Northern Lights

Kristjánsdóttir, Helga - Institut für Weltwirtschaft (IfW) - 2008

affect the export sectors? A unique version of the gravity model is applied here using an inverse hyperbolic sine function …

Persistent link: https://www.econbiz.de/10005059041

Inflation Differentials in the Euro Area and Their Determinants - An Empirical View

Zdárek, Václav; Aldasoro, Juan Ignacio - Institut für Weltwirtschaft (IfW) - 2009

In this paper, we present evidence on the statistical features of observed dispersion in HICP inflation rates in the Euro area. Our descriptive exercise shows that there is still a remarkable dispersion of HICP inflation rates across the member countries. We find that most of dispersion...

Persistent link: https://www.econbiz.de/10005818771

Estimating a High-Frequency New-Keynesian Phillips Curve

Ahrens, Steffen; Sacht, Stephen - Institut für Weltwirtschaft (IfW) - 2011

This paper estimates a high-frequency New Keynesian Phillips curve via the Generalized Method of Moments. Allowing for higher-thanusual frequencies strongly mitigates the well-known problems of smallsample biases and structural breaks. Applying a daily frequency allows us to obtain eventspecific...

Persistent link: https://www.econbiz.de/10008854751

Untangling the Quality of Governance from the Level of Income: Are Sub-Saharan African Countries Governed Well?

Gundlach, Erich; Hartmann, Susanne - Institut für Weltwirtschaft (IfW) - 2005

We consider whether Sub-Saharan African (SSA) countries are mainly poor because they are governed worse than other countries, as suggested by recent studies on the supremacy of institutions. Our empirical results show that the supremacy of institutions does not hold. SSA countries appear to face...

Persistent link: https://www.econbiz.de/10010886842

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