Showing 1 - 10 of 51
The aim of this paper is to provide new empirical evidence on the impact of international financial integration on the long-run Real Exchange Rate (RER) in 39 developing countries belonging to three different geographical regions (Latin America, Asia and MENA). It covers the period 1979-2004,...
Persistent link: https://www.econbiz.de/10005762383
capital provided a buffer against the shock. After controlling for observable characteristics, education and experience showed …
Persistent link: https://www.econbiz.de/10008514864
This paper examines how different types of workers in 17 middle-income countries were affected by labor market retrenchment during the great recession. Impacts on different types of workers varied by country and were only weakly related to the severity of the shock. Among active workers, youth...
Persistent link: https://www.econbiz.de/10009003937
This paper examines the consequences of rapid disinflation for downward wage rigidities in two emerging countries, Brazil and Uruguay, relying on high quality matched employer-employee administrative data. Downward nominal wage rigidities are more important in Uruguay, while wage indexation is...
Persistent link: https://www.econbiz.de/10009149154
Recent evidence on functional income distribution suggests that the shares of capital and labour in national income vary considerably both over time and across countries. Specifically, there seems to be a general reduction in the labour share around the world, in particular from the mid-1980s...
Persistent link: https://www.econbiz.de/10010884358
This paper reconsiders the link between welfare state provision, globalisation and competitiveness empirically. We … of redistributive taxation are incompatible with economic globalisation. Our empirical analysis is motivated by recent … important aspect of globalisation, namely the activities of multinational companies, and investigate whether social expenditure …
Persistent link: https://www.econbiz.de/10010884395
provide voters with knowledge of public issues. Modern information technologies and globalization are increasing the exposure … public policy. Complementing economic integration with political integration can increase the gains from globalisation …
Persistent link: https://www.econbiz.de/10005761928
In this paper we report evidence on the relationship between trade openness, technology adoption and relative demand for skilled labour in the Turkish manufacturing sector, using firm-level data over the period 1980-2001. In a dynamic panel data setting using a unique database of 17,462 firms,...
Persistent link: https://www.econbiz.de/10005703567
so much globalisation, as being allowed to take part in it. …
Persistent link: https://www.econbiz.de/10005703735
We estimate how trade openness affects the relationship between wages, labour productivity and foreign wages using sector-level time series for several EU member states. In some countries wages became less responsive to foreign wages as trade costs declined. We show this counter-intuitive result...
Persistent link: https://www.econbiz.de/10005822959