Showing 1 - 10 of 17
to significant and persistent reductions in disposable income, along with increases in unemployment, income inequality …, which be associated with an increase in poverty of about 75 million people. Policy responses more effective than those in …
Persistent link: https://www.econbiz.de/10012613687
trade and TFP growth both over time and across sectors …
Persistent link: https://www.econbiz.de/10014399824
This paper examines the factor intensity of South Africa''s trade. The conclusion is that South Africa is revealed though its trade pattern to be capital abundant (relative to labor). Surprisingly, this result holds especially for South Africa''s trade with its high income partners, which should...
Persistent link: https://www.econbiz.de/10014403673
Persistent link: https://www.econbiz.de/10009425662
Persistent link: https://www.econbiz.de/10009726536
A number of advanced economies carried out a sequence of extensive reforms of their labor and product markets in the 1990s and early 2000s. Using the Synthetic Control Method (SCM), this paper implements six case studies of well-known waves of reforms, those of New Zealand, Australia, Denmark,...
Persistent link: https://www.econbiz.de/10011715188
For the world's 20 largest emitters, we use a simple trend/cycle decomposition to provide evidence of decoupling between greenhouse gas emissions and output in richer nations, particularly in European countries, but not yet in emerging markets. If consumption-based emissions-measures that...
Persistent link: https://www.econbiz.de/10011848132
Central bankers often assert that low inflation and anchoring of inflation expectations are good for economic growth … (Bernanke 2007, Plosser 2007). We test this claim using panel data on sectoral growth for 22 manufacturing industries for 36 … of government, overall economic growth, monetary policy counter-cyclicality and the level of inflation. Importantly, the …
Persistent link: https://www.econbiz.de/10011809557
Recent discussions of the extent of decoupling between greenhouse gas (GHG) emissions and real gross domestic product (GDP) provide mixed evidence and have generated much debate. We show that to get a clear picture of decoupling it is important to distinguish cycles from trends: there is an...
Persistent link: https://www.econbiz.de/10011799677
We document information rigidity in forecasts for real GDP growth in 46 countries over the past two decades. We … forecasters incorporate news about growth in other countries into their growth forecasts, with a focus on how advanced countries …‘ growth forecasts incorporate news about emerging market growth and vice versa …
Persistent link: https://www.econbiz.de/10014399353