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Can history shed light on the modern debate about immigration's labor market impact in high wage economies? This paper examines the relationship between migration and capital flows in the age of mass migration before 1914, the so-called first global century. It then assesses the effects of...
Persistent link: https://www.econbiz.de/10012466251
emerged to explain this phenomenon, one focusing on international trade and labor market globalization as the driving force … continued effects of technology and globalization on the labor market. …
Persistent link: https://www.econbiz.de/10001433753
There is a large body of evidence indicating that cross-country differences in income levels are associated with differences in productivity. If workers are much more productive in one country than in another, restrictions on immigration lead to large efficiency losses. The paper quantifies...
Persistent link: https://www.econbiz.de/10012460354
This paper explores the relationship between openness to trade and to immigration on income per person. To address endogeneity concerns we extend the instrumental-variables strategy first used by Frankel and Romer (1999). We show that distance (geographical and cultural) can be used to build a...
Persistent link: https://www.econbiz.de/10012460467
tariff, which comprise one-quarter of the countries in the world …
Persistent link: https://www.econbiz.de/10012456903
Persistent link: https://www.econbiz.de/10013420816
Data on global trade as well as capital and labor flows indicate a slowdown, but not reversal, of globalization post … towards globalization. Similarly, the COVID pandemic provided novel arguments against free trade based on global supply chain … policy, export restrictions in particular, to halt China's technological development. The future of globalization is highly …
Persistent link: https://www.econbiz.de/10014250133
Persistent link: https://www.econbiz.de/10001511918
into the World Trade Organization. As a result, they reduce the supply of credit to firms, irrespective of the firm …
Persistent link: https://www.econbiz.de/10014250129