Similar Search Results

Sinn, Hans-Werner - 2002

While the old systems competition took place with closed borders, globalisation has brought about a new type of systems competition that is driven by the mobility of factors of production. The new systems competition will likely imply the erosion of the European welfare state, induce a race to...

Persistent link: https://www.econbiz.de/10012469968

Welfare State vs. Market Forces in a Globalization Era

Razin, Assaf - 2019

Globalization radically changes income distribution and triggers intense international tax competition. Therefore …, globalization entails an extensive restructuring of the welfare state. We analyze a parsimonious model of an open economy, in its … the interactions between taxation, provision of social benefits, and globalization. We demonstrate how these interactions …

Persistent link: https://www.econbiz.de/10012480145

Social Capital I : Measurement and Associations with Economic Mobility

Chetty, Raj - National Bureau of Economic Research - 2022

In this paper--the first in a series of two papers that use data on 21 billion friendships from Facebook to study social capital--we measure and analyze three types of social capital by ZIP code in the United States: (i) connectedness between different types of people, such as those with low vs....

Persistent link: https://www.econbiz.de/10013334530

Social Capital II : Determinants of Economic Connectedness

Chetty, Raj - National Bureau of Economic Research - 2022

Low levels of social interaction across class lines have generated widespread concern and are associated with worse outcomes, such as lower rates of upward income mobility. Here, we analyze the determinants of cross-class interaction using data from Facebook, building upon the analysis in the...

Persistent link: https://www.econbiz.de/10013334531

A New Framework for the Analysis of Inequality

Cunha, Flavio - 2006

This paper presents a new framework for analyzing inequality that moves beyond the anonymity postulate. We estimate the determinants of sectoral choice and the joint distributions of outcomes across sectors. We determine which components of realized earnings variability are due to uncertainty...

Persistent link: https://www.econbiz.de/10012466145

Welfare State, Inequality, and Globalization : Role of International-capital-flow Direction

Razin, Assaf - 2019

Globalization, in the form of financial flows, which is always advantageous on an aggregative level, typically creates … winners and losers, if left exclusively to market forces. The effects of financial globalization on income inequality depends …-exporting case, financial globalization drives up return to savings and drives down wages. In the capital-importing case, financial …

Persistent link: https://www.econbiz.de/10012479722

Is China's FDI Coming at the Expense of Other Countries?

Eichengreen, Barry - 2005

We analyze how China's emergence as a destination for foreign direct investment is affecting the ability of other countries to attract FDI. We do so using an approach that accounts for the endogeneity of China's FDI. The impact turns out to vary by region. China's rapid growth and attractions as...

Persistent link: https://www.econbiz.de/10012467348

Jurisdictional Advantage

Feldman, Maryann - 2004

Our objective in this paper is to define jurisdictional advantage, the recognition that location is critical to firms' innovative success and that every location has unique assets that are not easily replicated. The purpose is to be normative and policy oriented. Drawing from the well-developed...

Persistent link: https://www.econbiz.de/10012467887

Migration, Social Standards and Replacement Incomes : How to Protect Low-income Workers in the Industrialized Countries Against the Forces of Globalization and Market Integration

Sinn, Hans-Werner - 2004

This paper discusses how an industrialized country could defend the wages and social benefits of its unskilled workers against wage competition from immigrants. It shows that fixing social standards harms the workers and that fixing social replacement incomes implies migration into unemployment....

Persistent link: https://www.econbiz.de/10012467892

A Quantitative Analysis of Subsidy Competition in the U.S

Ossa, Ralph - 2015

I use a quantitative economic geography model to explore subsidy competition among U.S. states. I ask what motivates state governments to subsidize firm relocations and quantify how strong their incentives are. I also characterize fully non-cooperative and cooperative subsidy choices and assess...

Persistent link: https://www.econbiz.de/10012457691