Narrow search
Showing 1 - 10 of 666
Cover Image
Growing Up to Stability? Financial Globalization, Financial Development and Financial Crises
Bordo, Michael D. - 2015
kinds of financial crises for four countries (Argentina, Australia, Canada, and the United States) over the long-run …
Persistent link: https://www.econbiz.de/10012457380
Cover Image
The Production and Inventory Behavior of the American Automobile Industry
Blanchard, Olivier J. - 1982
Understanding inventory movements is central to an understanding of business cycles. This paper presents an empirical study of the behavior of inventories in the automobile industry. It finds that inventory behavior is well explained by the assumption of intertemporal optimization with rational...
Persistent link: https://www.econbiz.de/10012478217
Cover Image
Global Production with Export Platforms
Tintelnot, Felix - 2016
Most international commerce is carried out by multinational firms, which use their foreign affiliates both to serve the market of the host country and to export to other markets outside the host country. In this paper, I examine the determinants of multinational firms' location and production...
Persistent link: https://www.econbiz.de/10012456439
Cover Image
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 … raising the volatility of their wages. We thus formalize, but also sharply circumscribe, a common critique of globalization …
Persistent link: https://www.econbiz.de/10012463601
Cover Image
Entry and Exit of Informal Firms and Development
McCaig, Brian; Pavcnik, Nina - National Bureau of Economic Research - 2021
Non-farm informal businesses comprise the majority of the firm distribution in developing countries. We document novel stylized facts about entry and exit of informal, non-farm firms using nationally representative panel data over 15 years and across regions with varying levels of local economic...
Persistent link: https://www.econbiz.de/10012599276
Cover Image
Earnings Inequality and Dynamics in the Presence of Informality : The Case of Brazil
Engbom, Niklas; Gonzaga, Gustavo; Moser, Christian; … - National Bureau of Economic Research - 2022
Using rich administrative and household survey data spanning 34 years from 1985 to 2018, we document a series of new facts on earnings inequality and dynamics in a developing country with a large informal sector: Brazil. Since the mid-1990s, both inequality and volatility of earnings have...
Persistent link: https://www.econbiz.de/10012814471
Cover Image
Microentrepreneurship in Developing Countries
Jayachandran, Seema - 2020
This article reviews the recent literature in economics on small-scale entrepreneurship ("microentrepreneurship") in low-income countries. Major themes in the literature include the determinants and consequences of joining the formal sector; the impacts of access to credit and other financial...
Persistent link: https://www.econbiz.de/10012479185
Cover Image
Migration and Informal Insurance
Meghir, Costas - 2019
Do new migration opportunities for rural households change the nature and extent of informal risk sharing? We experimentally document that randomly offering poor rural households subsidies to migrate leads to a 40% improvement in risk sharing in their villages. We explain this finding using a...
Persistent link: https://www.econbiz.de/10012480029
Cover Image
Trade Liberalization and Labor Market Adjustment in Botswana
McMillan, Margaret S. - 2019
We study the effects of domestic trade liberalization on labor markets in Botswana. South Africa is the dominant member of the Southern Africa Customs Union. As such, when South Africa liberalized trade in the 1990s, this induced large and plausibly exogenous tariff reductions for the other...
Persistent link: https://www.econbiz.de/10012480271
Cover Image
Poverty Alleviation Strategies Under Informality : Evidence for Latin America
Caruso, Martín - 2019
Strategies based on growth and inequality reduction require a long-run horizon, and this paper therefore argues that those strategies need to be complemented by poverty alleviation programs. With regards to such programs, informality in Latin America and the Caribbean is a primary obstacle to...
Persistent link: https://www.econbiz.de/10012480283