Recent trends suggest the world economy may be tending towards an equilibrium with two distinct trading blocs, each …

-dimensional connections between globalization and innovation. We develop a model that features many of those mechanisms that connect trade and …

. The paper provides an overview of the new globalization trends in the world and in Israel, with emphasis on the role of …Post WWII globalization forces are facing headwinds in the form of global crises-the "The Great Recession" and the "The … Pandemic Recession". Israel's trade and financial globalization, however, is steadily rising. The pandemic-induced slump in …

-movements of global factors in asset prices and capital flows with commodity prices, international trade and world output as well … as the sensitivity of different parts of the world to the Global Financial Cycle. We present evidence of the causal …

model to study the behavior of labor markets in response to globalization shocks, including shocks to technology, trade … quantitatively the short- and long-run implications of globalization shocks for labor reallocation and unemployment dynamics. In a … 2.2% gain in response to globalization shocks. These gains would have been 73% larger in the absence of the global …

Which region(s) will come to dominate the world economy? This paper develops the Global Gaidar Model (GGM), a 17-region … productivity growth using each region's long-term record, predict China and India becoming the world's top two economic hegemons …. GGM also predicts an evolving global savings glut, major reductions in world interest rates, substantial increases in tax …

We investigate the role of trade imbalances for the distributional consequences of globalization. We do so through the … that modelling trade imbalances can lead to stark differences between short- and long-run consequences of globalization …