Showing 1 - 10 of 229
We investigate theoretically and empirically the competitive effects of increased trade on prices, productivity and … bias of monetary policy. Our results suggest that increased trade could account for as much as a quarter of European …
Persistent link: https://www.econbiz.de/10005667140
critical 150 years when the economic gap between the industrial core and the primary-product-producing periphery widened to … sources into those attributable to productivity events in the core and to globalization forces connecting core to periphery …-1878. There were three forces at work that account for Mexican exceptionalism: first, the terms of trade and Dutch disease effects …
Persistent link: https://www.econbiz.de/10005123574
equilibrium model of trade and offshoring. This reveals that globalization and offshoring have two opposing effects on relative … falling trade costs for goods. However, we also find that if the globalization process continues as a result of reduced costs … fact been bell-shaped. We argue that this bell-shaped evolution of wage inequality can be linked to globalization and a …
Persistent link: https://www.econbiz.de/10005123637
This paper analyzes empirically the relationship between civil wars and international trade. We first show that trade … presence of two effects that trade can have on the risk of civil conflicts: it may act as a deterrent if trade gains are put at … risk during civil wars but it may also act as an insurance if international trade provides a substitute to internal trade …
Persistent link: https://www.econbiz.de/10005124456
The Paper analyses (i) if globalization is undemocratic, (ii) if NGOs can fill a gap in representation and … democracy and globalization. A major part deals with the question of whether globalization enhances democracy. The answer is …
Persistent link: https://www.econbiz.de/10005497698
This paper analyses theoretically and empirically the relationship between trade and war. We show that the intuition … that trade promotes peace is only partially true even in a model where trade is beneficial to all, war reduces trade and … probability of escalation is indeed lower for countries that trade more bilaterally because of the opportunity cost associated …
Persistent link: https://www.econbiz.de/10005504509
of trade. Regression results suggest that import protection makes income distribution worse for countries in labour …
Persistent link: https://www.econbiz.de/10005656223
shows that borders and distance impede trade by much more than tariffs or transports costs can explain. We therefore …
Persistent link: https://www.econbiz.de/10011145400
Monetary policy affects both real variables, such as employment, unemployment and output and nominal variables such as nominal interest and inflation rates. For close to a decade the principal focus of monetary policy has been on inflation. During a recession, or when one appears imminent, the...
Persistent link: https://www.econbiz.de/10004971339
and expanding private sector that sells imported products. Trade among former Comecon countries remains difficult in spite … of the recent free trade agreement between Visegrád countries. The Czech Republic and Poland currently have a more … dualistic market structure than Portugal: very large firms alongside a very fragmented private sector. We assess the …
Persistent link: https://www.econbiz.de/10005136480