Showing 1 - 10 of 59
forced population movements in history. We analyze the economic integration of these forced migrants and their offspring in … West Germany. The empirical results suggest that even a quarter of a century after displacement, first generation migrants … and native West Germans that were comparable before the war perform strikingly different. Migrants have substantially …
Persistent link: https://www.econbiz.de/10009216279
the household nor marital status seem to influence the migrant’s decision of whether to leave seasonally or permanently …. The main group of seasonal migrants are less educated men from rural areas. …
Persistent link: https://www.econbiz.de/10005566165
We suggest a new way to quantify the growth effects of capital mobility. We find that for reasonable parameter values, capital mobility has a large impact on income growth.
Persistent link: https://www.econbiz.de/10010955648
In this paper we reexamine the Feldstein-Horioka finding of limited international capital mobility by using a broader view (i.e., including human capital) of investment and saving. We find that the Feldstein-Horioka result is impervious to this change.
Persistent link: https://www.econbiz.de/10005083333
Although an extensive amount of literature reviews emerging patterns of east-west co-operation, it is not easy to grasp the state of the art. Too many of the books, articles and papers tend to mark the trees rather than to map the forest. The paper analyses recent trends from the point of view...
Persistent link: https://www.econbiz.de/10009276078
Changes in exchange rates have become a prominent issue in Germany and Japan - due to the enormous appreciation of the Deutschmark and the Yen. Conventional wisdom suggests that economic activity will be negatively affected if a currency is going through a phase of appreciation. The paper...
Persistent link: https://www.econbiz.de/10009276229
This paper analyzes wage competition between national trade unions caused by the international mobility of capital. Perfect capital mobility leads to a Bertrand result for the outcome of wage competition: A pure strategy equilibrium implies full employment in all countries. It is shown that such...
Persistent link: https://www.econbiz.de/10009276252
Economic re-integration after a long period of separation among countries with different levels of development is expected to start in border regions. Enterprises along the borderline can gain a rent due to low transport and transaction costs. They benefit from the fortunate opportunity of...
Persistent link: https://www.econbiz.de/10009276410
It is often argued that the process of globalization has mainly favoured large-scale multinational companies which are able to organize their business efficiently within internal hierarchies. However, globalization has not only pushed cross-border intra-finn transactions but also other...
Persistent link: https://www.econbiz.de/10009276766
The Pearl River Delta is one of the most successful cases of economic re-integration after a long period of separation. Hong Kong's traditional policy of non-interventionism and China's open-door policy have induced a rapid increase in cross-border trade, outward processing and outward...
Persistent link: https://www.econbiz.de/10009277785