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Inequality and Unemployment in a Global Economy

Helpman, Elhanan; Itskhoki, Oleg; Redding, Stephen J. - C.E.P.R. Discussion Papers - 2009

inequality and raises unemployment, but expected welfare gains are ensured if workers are risk neutral. And while wage inequality …

Persistent link: https://www.econbiz.de/10005039584

Trade and Convergence Among Countries

Ben-David, Dan - C.E.P.R. Discussion Papers - 1995

This paper examines the relationship between trade and income convergence by focusing on groups of countries comprising major trade partners. The majority of these groups exhibited significant convergence. Furthermore, a comparison of the trade-based groups with different, randomly selected,...

Persistent link: https://www.econbiz.de/10005497780

International R&D Spillovers

Coe, David T; Helpman, Elhanan - C.E.P.R. Discussion Papers - 1993

Investment in research and development (R&D) affects a country's total factor productivity. Recently new theories of … total factor productivity of its trade partners. Following these theoretical developments we estimate the effects of a … country's R&D capital stock and the R&D capital stocks of its trade partners on the country's total factor productivity. We …

Persistent link: https://www.econbiz.de/10005498140

Free Trade and Long-Run Growth

Ben-David, Dan; Loewy, Michael B - C.E.P.R. Discussion Papers - 1995

What is the impact of movement towards free trade on output? Can this impact permanently affect output levels, and more importantly, will it have an impact on steady-state growth rates? This paper provides empirical evidence showing how countries have exhibited substantial increases in their...

Persistent link: https://www.econbiz.de/10005666425