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Renminbi internationalization : prospects and implications for economic integration in East Asia

Pak, Yŏng-chŏl; Song, Chi-young - In: Asian economic papers 10 (2011) 3, pp. 42-78

Persistent link: https://www.econbiz.de/10009348675

Exchange Rate Regimes and Capital Mobility : How Much of the Swoboda Thesis Survives?

Eichengreen, Barry - 2010

Alexander Swoboda is one of the originators of the bipolar view that capital mobility creates pressure for countries to abandon intermediate exchange rate arrangements in favor of greater flexibility and harder pegs. This paper takes another look at the evidence for this hypothesis using two...

Persistent link: https://www.econbiz.de/10012759200

Was There Really an Earlier Period of International Financial Integration Comparable to Today?

Bordo, Michael D.; Eichengreen, Barry; Kim, Jongwoo - 2021

In this paper we reconsider the international market integration, starting at high levels in the late nineteenth century, collapsing between the wars, and recovering gradually after 1945 to reach levels comparable to pre-1914 in the 1990's. The empirical evidence we survey suggests that in some...

Persistent link: https://www.econbiz.de/10013225815

Global Imbalances and the Lessons of Bretton Woods

Eichengreen, Barry - 2021

, with the spread of globalization, there is a new periphery, Asia, but the same old core, the United States, with the same … interest. This image of the current system as Bretton Woods reborn also overlooks how the world has changed since the 1960s … resembling the Bretton Woods System, it is not long for this world …

Persistent link: https://www.econbiz.de/10013243400

Growth, Trade, and Inequality

Grossman, Gene M. - 2014

We introduce firm and worker heterogeneity into a model of innovation-driven endogenous growth. Individuals who differ in ability sort into either a research sector or a manufacturing sector that produces differentiated goods. Each research project generates a new variety of the differentiated...

Persistent link: https://www.econbiz.de/10013047018

Estimating Trade Flows : Trading Partners and Trading Volumes

Helpman, Elhanan - 2013

We develop a simple model of international trade with heterogeneous firms that is consistent with a number of stylized features of the data. In particular, the model predicts positive as well as zero trade flows across pairs of countries, and it allows the number of exporting firms to vary...

Persistent link: https://www.econbiz.de/10012754002

Trade and Inequality : From Theory to Estimation

Helpman, Elhanan - 2012

While neoclassical theory emphasizes the impact of trade on wage inequality between occupations and sectors, more recent theories of firm heterogeneity point to the impact of trade on wage dispersion within occupations and sectors. Using linked employer-employee data for Brazil, we show that...

Persistent link: https://www.econbiz.de/10013107761

Trade, FDI, and the Organization of Firms

Helpman, Elhanan - 2021

New developments in the world economy have triggered research designed to better understand the changes in trade and … transformation of the world economy. This paper reviews the literature that has emerged from these efforts. The theoretical …

Persistent link: https://www.econbiz.de/10013219328

Trade and Labor Market Outcomes

Helpman, Elhanan - 2011

This paper reviews a new framework for analyzing the interrelationship between inequality, unemployment, labor market frictions, and foreign trade. This framework emphasizes firm heterogeneity and search and matching frictions in labor markets. It implies that the opening of trade may raise...

Persistent link: https://www.econbiz.de/10013131679

Foreign Trade and Investment : Firm-Level Perspectives

Helpman, Elhanan - 2013

This Economica Coase Lecture reviews research that has revolutionized the field of international trade and foreign direct investment. It explains the motivation behind the development of new analytical frameworks, the nature of these frameworks, and the empirical studies that sprouted from them

Persistent link: https://www.econbiz.de/10013081834