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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

Herding, Warfare, and a Culture of Honor : Global Evidence

Cao, Yiming; Enke, Benjamin; Falk, Armin; Giuliano, Paola; … - 2022

According to the widely known ‘culture of honor’ hypothesis from social psychology, traditional herding practices have generated a value system conducive to revenge-taking and violence. We test the economic significance of this idea at a global scale using a combination of ethnographic and...

Persistent link: https://www.econbiz.de/10013308100

Decoupling Global Value Chains

Eppinger, Peter; Felbermayr, Gabriel J.; Krebs, Oliver; … - 2021

Recent disruptions to global value chains (GVCs) have raised an important question: Can decoupling from GVCs increase a country’s welfare by reducing its exposure to foreign supply shocks? We use a quantitative trade model to simulate GVCs decoupling, defined as increased barriers to global...

Persistent link: https://www.econbiz.de/10013227605

Local Global Watchdogs : Trade, Sourcing and the Internationalization of Social Activism

Koenig, Pamina; Krautheim, Sebastian; Löhnert, Claudius; … - 2021

feature of economic globalization. What determines the patterns of the internationalization of NGO campaigns? Stylized facts …

Persistent link: https://www.econbiz.de/10013228853

Global Uncertainty

Caggiano, Giovanni; Castelnuovo, Efrem - 2021

the world output loss that materialized during the great recession would have been 13% lower in absence of GFU shocks. We … after GFU shocks, the larger the world output contraction is …

Persistent link: https://www.econbiz.de/10013246469

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

Globally Engaged Firms in the COVID-19 Crisis

Constantinescu, Cristina; Fernandes, Ana M.; Poupakis, … - 2022

This paper analyzes the initial impact and recovery of globally engaged firms from the COVID-19 crisis. It uses rich survey data of nearly 65,000 firm-year observations in 45 countries spanning three waves of data collection. The findings are organized in a series of stylized facts, which...

Persistent link: https://www.econbiz.de/10013291442

Moral Universalism : Global Evidence

Cappelen, Alexander W.; Enke, Benjamin; Tungodden, Bertil - 2022

This paper presents novel stylized facts about the global variation in universalism, leveraging nationally representative surveys across 60 countries (N=64,000). We find large variation in universalism within and across countries, which almost entirely reflects heterogeneity in people’s moral...

Persistent link: https://www.econbiz.de/10014241312

Redistribution in a Globalized World

Agrawal, David R.; Foremny, Dirk - 2022

consider some of the implications of globalization for policy design, both within federal systems and across countries …. Although globalization poses new challenges for fiscal systems, it does not necessarily imply that redistributive policy …

Persistent link: https://www.econbiz.de/10014241315