Showing 1 - 10 of 91
We investigate how the deterioration of household balance sheets affects worker productivity, and whether such effects …
Persistent link: https://www.econbiz.de/10012453702
A positive productivity shock in the host country tends typically to increase the volume of the desired FDI flows to … productivity change on bilateral FDI flows. We also uncover sizeable threshold barriers in our data set and link the analysis to …
Persistent link: https://www.econbiz.de/10012467038
that the productivity shocks required by the model are implausibly large and volatile. Second, these models have difficulty … requires implausibly high cross-country correlations of productivity shocks. This paper builds a model in which the utilization … in (i) reducing the required size of productivity shocks; and (ii) increasing international comovement of factor inputs …
Persistent link: https://www.econbiz.de/10012470328
estimated with greater precision. The most empirically successful models include productivity measures, government spend- ing …
Persistent link: https://www.econbiz.de/10012473129
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's weather in that year. We find that a poor country being 1...
Persistent link: https://www.econbiz.de/10012462941
through its effect on productivity: the entry and exit of firms and the reallocation of resources from less to more efficient … firms explain a relevant part of transitional productivity dynamics. In this paper we use a stochastic general equilibrium …
Persistent link: https://www.econbiz.de/10012468109
-open-economy real-business-cycle model driven by nonstationary productivity shocks. We find that the RBC model does a poor job at … business cycles in emerging markets and, importantly, assigns a negligible role to nonstationary productivity shocks …
Persistent link: https://www.econbiz.de/10012466032
We study how adverse economic shocks influence political outcomes in authoritarian regimes in strong states, by examining the 2013-2015 export slowdown in China. We exploit detailed customs data and the variation they reveal about Chinese prefectures' underlying exposure to the global trade...
Persistent link: https://www.econbiz.de/10012479875
We introduce dynamic incentive contracts into a model of unemployment dynamics and present three results. First, wage cyclicality from incentives does not dampen unemployment dynamics: the response of unemployment to shocks is first-order equivalent in an economy with flexible incentive pay and...
Persistent link: https://www.econbiz.de/10014372479
integrated provinces and for younger cohorts. We estimate the gap in labor productivity within manufacturing across the informal … and formal sectors. This gap and the aggregate labor productivity gain from the export-induced reallocation of workers …
Persistent link: https://www.econbiz.de/10012458213