Showing 1 - 10 of 620
This paper analyzes economic-social interaction in China in connection with the country's change of economic system. I define an economic system in terms of a multidimensional vector of broad institutional characteristics, and I emphasize that important features of the social development are...
Persistent link: https://www.econbiz.de/10013316625
In response to the Covid-19 pandemic, governments around the world have provided a massive fiscal and monetary stimulus … selfish individuals and more on the mobilization of people's prosocial motives. Finally, to encourage people around the world … encourage people around the world to cooperate globally in tackling global problems, with the aid of two powerful tools that …
Persistent link: https://www.econbiz.de/10012832196
We estimate a three-variate VAR using proxies of global financial uncertainty, the global financial cycle, and world … outbreak. We predict the cumulative loss in world output one year after the uncertainty shock due to Covid-19 to be about 14% …
Persistent link: https://www.econbiz.de/10012834352
The past decades witnessed big changes in international trade with the rise of global value chains. Some countries, such as China, Poland, and Vietnam rode the tide, while other countries, many in the Africa region, faltered. This paper studies the determinants of participation in global value...
Persistent link: https://www.econbiz.de/10012834362
of the disruption in production that started in China and then quickly spread across the world. We find that the COVID-19 … shock has a considerable impact on most economies in the world, especially when a share of the labor force is quarantined …
Persistent link: https://www.econbiz.de/10012837986
We introduce the revised version of the KOF Globalisation Index, a composite index measuring globalization for every … country in the world along the economic, social and political dimension. The original index was introduced by Dreher (2006 … along the different dimensions of globalization. We also disentangle trade and financial globalization within the economic …
Persistent link: https://www.econbiz.de/10012892154
In the context of international tax coordination incomplete information is one of the well-known frictions that can lead to bargaining failure and might explain a lack of observed coordination. We consider international negotiations about tax coordination under complete and incomplete...
Persistent link: https://www.econbiz.de/10012892184
In this paper, we study the role of Confucius Institute in supporting internationalization of Chinese enterprises. Employing a panel dataset containing 66 Belt-Road countries and 75 non Belt-Road countries from 2006 to 2017, we find that the Confucius Institute has had a positive effect on...
Persistent link: https://www.econbiz.de/10012826003
Societies see growing support for populist politicians who advocate an end to globalization. Our behavioral economics … model links impatience to voters' appraisals of an income shock due to globalization that is associated with short-run costs … and delayed gains. The model shows that impatient individuals may reject further globalization if they are subject to …
Persistent link: https://www.econbiz.de/10012826005
decades can explain increasing resistance to globalization in industrialized countries. In a traditional trade model of a … analysis indicates that, in contrast to past episodes of globalization, public education does not shield workers from losses …
Persistent link: https://www.econbiz.de/10012865702