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Dinopoulos, Elias; Syropoulos, Constantinos; … - 2023

globalization on the skill premium and fully-endogenous growth. Higher quality products are endogenously discovered through … outsourcing of investment services. Globalization, captured by a move from autarky to the integrated-world equilibrium, leads to … convergence of wages and growth rates. Globalization and long-run growth are either substitutes or complements depending on a …

Persistent link: https://www.econbiz.de/10014262950

The Out of Africa Hypothesis of Comparative Economic Development : Common Misconceptions

Ashraf, Quamrul H. - 2019

The importance of the prehistoric migration of anatomically modern humans from Africa for comparative economic …

Persistent link: https://www.econbiz.de/10012892135

Global Evidence on Misperceptions and Preferences for Redistribution

Feichtmayer, Jennifer Elena; Gründler, Klaus - 2021

Individuals often hold erroneous beliefs about their socio-economic status relative to others. We develop a new machine learning technique to measure these misperceptions and use large-scale international survey data to compute status misperception for 241,757 households from 97 countries (24...

Persistent link: https://www.econbiz.de/10013322781

Globalization in the Time of COVID-19

Sforza, Alessandro - 2020

The economic effects of a pandemic crucially depend on the extend to which countries are connected in global production networks. In this paper we incorporate production barriers induced by COVID-19 shock into a Ricardian model with sectoral linkages, trade in intermediate goods and sectoral...

Persistent link: https://www.econbiz.de/10012837986

The Backlash of Globalization

Colantone, Italo; Ottaviano, Gianmarco I.P; Stanig, Piero - 2021

We review the literature on the globalization backlash, seen as the political shift of voters and parties in a … footprint’ of globalization. Then, we review the empirical literature on the drivers of the backlash. Two main messages emerge … from our analysis: (1) globalization is a significant driver of the backlash, by means of the distributional consequences …

Persistent link: https://www.econbiz.de/10013212262

Globalisation and the Decoupling of Inflation from Domestic Labour Costs

Kohlscheen, Emanuel; Moessner, Richhild - 2021

We provide novel systematic cross-country evidence that the link between domestic labour markets and CPI inflation has weakened considerably in advanced economies during recent decades. The central estimate is that the short-run pass-through from domestic labour cost changes to core CPI...

Persistent link: https://www.econbiz.de/10013213776

Globalisation and the Decoupling of Inflation from Domestic Labour Costs

Kohlscheen, Emanuel; Moessner, Richhild - 2022

Persistent link: https://www.econbiz.de/10014080924

Diasporas and Economic Development : A Review of the Evidence and Policy

Bahar, Dany - 2020

The paper reviews recent literature on the economics of migration and diasporas, focusing on economic gains and opportunities that these diasporas could represent for home countries. In addition, the paper discusses policies aimed at leveraging this "diaspora capital"

Persistent link: https://www.econbiz.de/10012841140

Top Lights - Bright Cities and Their Contribution to Economic Development

Bluhm, Richard - 2019

. Applying this approach to cities in Sub-Saharan Africa, we find that primate cities are outgrowing secondary cities but are …

Persistent link: https://www.econbiz.de/10012892172

A Beam of Light : Media, Tourism & Economic Development

Nocito, Samuel; Sartarelli, Marcello; Sobbrio, Francesco - 2021

Tourism accounts for around one tenth of global GDP. We analyze the impact of entertainment media in drawing tourists to filming locations (media multiplier ) and, in turn, the effect of tourism on local economic development (tourism multiplier ). To assess the media multiplier, we employ a...

Persistent link: https://www.econbiz.de/10013228867