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to the relative marginal productivity levels of workers. This paper investigates the role of globalization on the … structure and evolution of gender differentials in China by simultaneously estimating demand-side wage and productivity outcomes … labor demand. The results suggest that more exposure to globalization through increased exports is associated with lower …
Persistent link: https://www.econbiz.de/10011265652
China and the U.S. have a close but complicated economic relationship. This note provides a fuller picture of the … but also for the broader world economy as the cooperative or conflicted nature of this relationship will set the tone for …
Persistent link: https://www.econbiz.de/10008632742
Economists traditionally tackle normative problems by computing optimal policy, i.e. the one that maximizes a social welfare function. In practice, however, a succession of marginal changes to a limited number of policy instruments are implemented, until no further improvement is feasible. I...
Persistent link: https://www.econbiz.de/10005822405
This paper provides a systematic analysis of the way shifts in property utilization rights in China induced another …
Persistent link: https://www.econbiz.de/10011279307
This study adapts a relatively novel model of off-farm labor supply to the changing conditions of Bulgaria during the 1990s. The model’s parameters are estimated separately for each of the three different waves of the Bulgarian Integrated Household Survey, each reflecting remarkably different...
Persistent link: https://www.econbiz.de/10005233812
the World Bank Governance Indicators (WBGI). Based on a panel of 25 transition countries for the period from 1996 to 2008 …
Persistent link: https://www.econbiz.de/10008517981
business weakness in the aftermath of both World Wars. …
Persistent link: https://www.econbiz.de/10008466028
We analyze three related but distinct concepts concerning the renminbi's role in the global monetary system: (i … changes for the balance and sustainability of China's own economic development as well as the associated implications for the … global monetary system. While China is actively promoting the internationalization of its currency, it is a long way from …
Persistent link: https://www.econbiz.de/10009646302
This paper discusses the literature on the enforcement of incomplete contracts. It compares legal enforcement to enforcement via relationships and reputations. A number of mechanisms, such as the repeat purchase mechanism (Klein and Leffler (1981)) and efficiency wages (Shapiro and Stiglitz...
Persistent link: https://www.econbiz.de/10005233793
angesichts von Demografie, Globalisierung und Technologiefortschritt nicht ihren eigenen wirtschaftlichen Erfolg aufs Spiel …
Persistent link: https://www.econbiz.de/10010884061