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Global Value Chains and Labor Standards : The Race-to-the-Bottom Problem
Im, Hye-jun; McLaren, John - National Bureau of Economic Research - 2023
countries join the world economy so that globalization increases at the margin, labor standards worsen (improve) at the margin …
Persistent link: https://www.econbiz.de/10014322750
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Skill-specific rather then General Education : A Reason for US-Europe Growth Differences?
Krueger, Dirk - 2003
In this paper, we develop a model of technology adoption and economic growth in which households optimally obtain … between their growth rates will increase with the growth rate of available technology. By characterizing the optimal Ramsey … available technology. Our theory suggests that European education policies that favored specialized, vocational education might …
Persistent link: https://www.econbiz.de/10012469295
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Trade, Offshoring, and the Invisible Handshake
Karabay, Bilgehan - 2009
We study the effect of globalization on the volatility of wages and worker welfare in a model in which risk is allocated through long-run employment relationships (the 'invisible handshake'). Globalization can take two forms: International integration of commodity markets (i.e., free trade) and...
Persistent link: https://www.econbiz.de/10012463601
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Work Environment and "Opt-Out" Rates at Motherhood Across High-Education Career Paths
Herr, Jane Leber - 2009
Using data from the 2003 National Survey of College Graduates and a sample of Harvard alumnae, we study the relationship between work environment and the labor force participation of mothers. We first document a large variation in labor force participation rates across high-education fields....
Persistent link: https://www.econbiz.de/10012463930
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International dimensions of monetary policy : [... presented at the NBER Conference "International Dimensions of Monetary Policy", which was held June 11 through 13, 2007 ... in th...
Galí, Jordi (contributor); Gertler, Mark (contributor) - 2009
Persistent link: https://www.econbiz.de/10003825525
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Internationalization and the evolution of corporate valuation
Levine, Ross - 2005
"By documenting the evolution of Tobin's "q" before, during, and after firms internationalize, this paper provides evidence on the bonding, segmentation, and market timing theories of internationalization. Using new data on 9,096 firms across 74 countries over the period 1989-2000, we find that...
Persistent link: https://www.econbiz.de/10010522397
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Land, Labor and Globalization in the Pre-Industrial Third World
Williamson, Jeffrey G. - 2000
A Third World data base documenting commodity and factor prices 1870-1940 has been collected, yielding annual time …/rental ratios the world round between 1870 and 1940. The data offer a useful way to identify the impact of globalization on the pre …-industrial Third World. This paper finds commodity price convergence to have been bigger in the Third World than the Atlantic economy …
Persistent link: https://www.econbiz.de/10012470966
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When Did Globalization Begin?
O'Rourke, Kevin H. - 2000
Some world historians attach globalization big bang' significance to 1492 (Christopher Colombus stumbles on the … important events in recorded history. Other world historians insist that globalization stretches back even earlier. There is a … third view which argues that the world economy was fragmented and completely de-globalized before the 19th century. None of …
Persistent link: https://www.econbiz.de/10012471135
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Globalization and International Public Finance
Kremer, Michael - 2000
This paper examines the effect of reduced transaction costs in the international trading of assets on the ability of governments to issue debt. We examine a model in which governments care about the welfare of their citizens, and thus are more inclined to default if a large proportion of their...
Persistent link: https://www.econbiz.de/10012471194
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The Future of EMU : What Does the History of Monetary Unions Tell Us?
Bordo, Michael D. - 1999
The creation of EMU and the ECB has triggered a discussion of the future of EMU. Independent observers have pointed to a number of shortcomings or hazard areas' in the construction of EMU, such as the absence of a central lender of last resort function for EMU, the lack of a central authority...
Persistent link: https://www.econbiz.de/10012471419