Similar Search Results

Dinopoulos, Elias; Syropoulos, Constantinos; … - 2023

outsourcing of investment services. Globalization, captured by a move from autarky to the integrated-world equilibrium, leads to …This paper develops a two-country, dynamic general equilibrium model with innovation contests to study the impact of … globalization on the skill premium and fully-endogenous growth. Higher quality products are endogenously discovered through …

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

The Globalisation-Welfare State Nexus : Evidence from Asia

Potrafke, Niklas - 2019

expenditures in Asia. Neither do the results suggest that the nexus between globalisation and social expenditures varied across …

Persistent link: https://www.econbiz.de/10012892254

The Implications of the New Silk Road Railways on Local Development

Fang, Ling - 2019

This paper studies regional treatment effects of infrastructure projects on economic growth, employment and intermodal transport volumes. The recent Belt and Road Initiative provides an experiment that can be evaluated using matching econometrics. Our results show that the establishment of a new...

Persistent link: https://www.econbiz.de/10012859984

Political Risk and Real Exchange Rate : What Can We Learn from Recent Developments in Panel Data Econometrics for Emerging and Developing Countries?

Bahmani‐Oskooee, Mohsen - 2019

This paper focuses on the analysis of the long-run response of the Real Exchange Rate (RER) to political risks and tests whether non-economic variables have an impact on RER in 31 emerging and developing countries. We use annual data from the International Country Risk Guide database over the...

Persistent link: https://www.econbiz.de/10012892145

On the Exchange Rate and Economic Policy Uncertainty Nexus : A Panel VAR Approach for Emerging Markets

Abid, Abir - 2020

We examine the Exchange Rate Volatility (ERV) response to the Economic Policy Uncertainty (EPU) shocks from a panel VAR perspective used for the first time in this context. Focusing on Emerging Market Economies (EME), our noteworthy findings postulate that (a) both home and foreign EPU shocks...

Persistent link: https://www.econbiz.de/10012837681

Different No More : Country Spreads in Advanced and Emerging Economies

Born, Benjamin - 2020

Interest-rate spreads fluctuate widely across time and countries. We characterize their behavior using some 3,200 quarterly observations for 21 advanced and 17 emerging economies since the early 1990s. Before the financial crisis, spreads are 10 times more volatile in emerging economies than in...

Persistent link: https://www.econbiz.de/10012841745

The Asymmetric Impact of Economic Policy and Oil Price Uncertainty on Inflation : Evidence from Developed and Emerging Economies

Anderl, Christina; Caporale, Guglielmo Maria - 2023

This paper examines the asymmetric impact of economic policy uncertainty (EPU) and oil price uncertainty (OPU) on inflation by using a Nonlinear ARDL (NARDL) model, which is compared to a benchmark linear ARDL one. Using monthly data from the 1990s until August 2022 for a number of developed and...

Persistent link: https://www.econbiz.de/10014260984

Universalism : Global Evidence

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

This paper presents a new set of stylized facts about the global variation in universalism, leveraging hypothetical money allocation tasks deployed in representative samples of 64,000 people from 60 countries. Our data reveal large variation in universalism within and across countries, which...

Persistent link: https://www.econbiz.de/10014082166

The Global Economic Impact of Politicians : Evidence from an International Survey Rct

Boumans, Dorine; Gründler, Klaus; Potrafke, Niklas; … - 2021

We use the US presidential election on 3 November 2020 to examine how the US president influences economic expectations of international experts. We design a large-scale RCT among 843 experts working in 107 countries, asking about their expectations regarding GDP growth, unemployment, inflation,...

Persistent link: https://www.econbiz.de/10013250729

A Global Compass for the Great Divergence : Emissions vs. Production Centers of Gravity 1820-2008

Sauter, Caspar - 2019

We construct the world’s centers of gravity for human population, GDP and CO2 emissions by taking the best out of five …th century, after World War I for CO2 emissions, after World War II for GDP. Since then, both centers are moving eastward …

Persistent link: https://www.econbiz.de/10012890193