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Are We Fragmented Yet? Measuring Geopolitical Fragmentation and Its Causal Effect

Fernández-Villaverde, Jesús; Mineyama, Tomohide; … - National Bureau of Economic Research - 2024

After decades of rising global economic integration, the world economy is now fragmenting. To measure this phenomenon, we introduce an index of geopolitical fragmentation derived from various empirical indicators. This index is developed using a flexible dynamic factor model with time-varying...

Persistent link: https://www.econbiz.de/10014576667

Social Interactions, Information, and Preferences for Schools : Experimental Evidence from Los Angeles

Campos, Christopher - National Bureau of Economic Research - 2024

This paper measures parents' beliefs about school and peer quality, how information about each affects school choices, and how social interactions mediate these effects. Parents underestimate school quality and overestimate peer quality. Cross-randomized school and peer quality information...

Persistent link: https://www.econbiz.de/10015072951

What Did UWE Do for Economics?

Avilova, Tatyana; Goldin, Claudia - National Bureau of Economic Research - 2023

Economics is among the most popular undergraduate majors. However, even at the best research universities and liberal … arts colleges men outnumber women by two to one, and overall there are about 2.5 males to every female economics major. The … Undergraduate Women in Economics (UWE) Challenge was begun in 2015 for one year as a randomized controlled trial with 20 treatment …

Persistent link: https://www.econbiz.de/10014322819

Do Reforms Aimed at Reducing Time to Graduation Work? Evidence from the Italian Higher Education System

Malacrino, Davide; Nocito, Samuel; Saggio, Raffaele - National Bureau of Economic Research - 2024

This paper examines the impact of a reform aimed at expediting graduation times in Italian universities by reducing the number of exams students must pass to obtain a fixed number of credits. Using event-study estimates that leverage the reform's staggered implementation, we find that this...

Persistent link: https://www.econbiz.de/10014635622

Looking Backward, Innovating Forward : A Theory of Competitive Cascades

Lim, Kevin; Trefler, Daniel; Yu, Miaojie - National Bureau of Economic Research - 2022

Innovation depends on exporting and, in particular, on scale and competition in export markets. We develop a theory featuring (1) quality-segmented markets, (2) step-by-step innovation that moves firms forward along the quality ladder, and (3) escape-the-competition motives for innovation. We...

Persistent link: https://www.econbiz.de/10013388811

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

American universities in a global market

Clotfelter, Charles T. (contributor) - 2010

Persistent link: https://www.econbiz.de/10003890008

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

The impact of international trade on wages

Feenstra, Robert C. (ed.) - 2000

Since the early 1980s, the U.S. economy has experienced a growing wage differential: high-skilled workers have claimed an increasing share of available income, while low-skilled workers have seen an absolute decline in real wages. How and why this disparity has arisen is a matter of ongoing...

Persistent link: https://www.econbiz.de/10001433753

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 series on wage/rental ratios, land/labor ratios, the terms of trade, and other explanatory variables for: Argentina, Burma, Egypt, Japan, Korea, the Punjab, Taiwan, Thailand and...

Persistent link: https://www.econbiz.de/10012470966

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