Showing 1 - 10 of 29
Persistent link: https://www.econbiz.de/10002137088
We estimate the world distribution of income by integrating individual income distributions for 125 countries between 1970 and 1998. We estimate poverty rates and headcounts by integrating the density function below the $1/day and $2/day poverty lines. We find that poverty rates decline...
Persistent link: https://www.econbiz.de/10012469781
for technology diffusion, how this changed over time, and whether international trade, foreign direct investment, and … spillovers favor convergence, while a geographically limited scope of knowledge diffusion can lead to regional clusters of … from the early 1970s to the 1990s. Third, I estimate that trade patterns account for the majority of all differences in …
Persistent link: https://www.econbiz.de/10012470576
Social security system old age insurance systems are devices for the sharing of income risks of elderly people with others. Risks can be shared intergenerationally (with the young of the same country), intragenerationally (with other elderly of the same country), or internationally (with...
Persistent link: https://www.econbiz.de/10012472169
allocation of resources across developed countries at the business cycle frequency. Here we discuss how evidence on international … quantity comovement, exchange rates, asset prices, and international portfolio holdings can be used to assess efficiency …
Persistent link: https://www.econbiz.de/10012459706
In this paper, we empirically assess the causal links between trade and individual income risk and study the role that …-industry changes in imports and exports are causally related to income risk: Imports increase risk and exports decrease risk, and they … and the linkage between trade and risk: While, on average, individuals with higher levels of industry- or occupation …
Persistent link: https://www.econbiz.de/10012794639
execution and the risk is a result of price movements during a more gradual trading. The paper shows that the trade-off between …
Persistent link: https://www.econbiz.de/10012466529
The paper derives a consistent accounting framework for the treatment of inventories when measuring the productivity of a distribution firm. The average purchase price of an inventory item during an accounting period must be distinguished from its average selling price and these two average...
Persistent link: https://www.econbiz.de/10012474108
Almost Ideal gravity associates zero trade flows with variable and fixed trade cost variation in a flexible demand … system. Latent trade shares between non-partners are inferred from the Tobit estimator applied to trade among 75 countries … and 25 sectors in 2006. Latent Trade Bias (LTB) is the difference between the latent trade share and the as …
Persistent link: https://www.econbiz.de/10012482496
This paper uses international trade data to examine the effects of climate shocks on economic activity. We examine … panel models relating the annual growth rate of a country's exports in a particular product category to the country … that country's exports by between 2.0 and 5.7 percentage points, with no detectable effects in rich countries. We find …
Persistent link: https://www.econbiz.de/10012462941