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Can there Be a Wave-Like Association between Economic Growth and Inequality? Theory and Lessons for East Asia from the Middle East
Gangopadhyay, Partha - 2012
High income growth in many countries in East Asia and the Middle East has been accompanied by increasing income inequality and widening gaps between rich and poor, and urban and rural. It is therefore it is important to examine the interrelationships between inequality and economic growth. This...
Persistent link: https://www.econbiz.de/10013099565
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Limits of Monetary Policy Autonomy by East Asian Debtor Central Banks
Loeffler, Axel - 2013
Due to buoyant capital inflows East Asian central banks with exchange rate targets accumulate foreign reserves and thereby increase surplus liquidity. East Asian central banks with more flexible exchange rate regimes also face surplus liquidity that mainly emanates from past accumulation of...
Persistent link: https://www.econbiz.de/10013091528
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Modi's 'Make in India' Industrial Reform Policy and East Asian Flying-Geese Paradigm
Nam, Chang Woon - 2017
-reduction-oriented labour-industry promotion vs. overall productivity increase; and complementary role of IT services for industrial …
Persistent link: https://www.econbiz.de/10012956706
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Exchange Rate Volatility and Growth in Emerging Europe and East Asia
Schnabl, Gunther - 2021
The paper investigates the impact of exchange rate volatility on growth in Emerging Europe and East Asia. Exchange stability has been argued to affect growth negatively as it deprives countries from the ability to react in a flexible way to asymmetric real shocks and may enhance the probability...
Persistent link: https://www.econbiz.de/10013317017
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The Evolution of the East Asian Currency Baskets - Still Undisclosed and Changing
Schnabl, Gunther - 2021
Both before and after the Asian crisis, the dollar has been the dominant anchor and reserve currency in East Asia. Due to underdeveloped capital markets and the limited international role of their domestic currencies, the East Asian countries (except Japan) are likely to continue to stabilize...
Persistent link: https://www.econbiz.de/10013317274
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Experience, Innovation and Productivity - Empirical Evidence from Italy's Slowdown
Daveri, Francesco - 2010
We investigate the role of workers' and managerial experience as a determinant of firm innovation and productivity in a … innovation and productivity. The effect of managerial experience measured by age on firm performance depends instead on the type … of firm: high age of managers and board members is bad for innovation and productivity growth, while costs and benefits …
Persistent link: https://www.econbiz.de/10013141023
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Economic Integration and the Optimal Corporate Tax Structure with Heterogeneous Firms
Bauer, Christian - 2011
drives low-productivity firms from the small country's home market, replacing them with high-productivity exporters from … abroad. This endogenous policy response creates a selection effect that increases the average productivity of home firms when …
Persistent link: https://www.econbiz.de/10013120658
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Global Sourcing of Complex Production Processes
Schwarz, Christian - 2011
We develop a theory of a firm in an incomplete contracts environment which decides on its complexity, organization, and global scale. Specifically, the firm decides i) how thinly it wants to slice its production process by choosing the mass of symmetric intermediate inputs that are...
Persistent link: https://www.econbiz.de/10013120903
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Temporary Employment, Job Flows and Productivity : A Tale of Two Reforms
Cappellari, Lorenzo - 2011
productivity - enhancing effect. The reform of fixed-term contracts instead did not produce the intended results: it induced a … substitution of temporary employees in favor of permanent ones and reduced capital intensity, generating productivity losses. We …
Persistent link: https://www.econbiz.de/10013122251
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Lifting the Veil : The Face of TFP in an Indian Rail Mill
Das, Sanghamitra - 2011
We use a proprietary data set on the floor-level operations at the Bhilai Rail and Structural Mill (RSM) in India to understand how output rose sharply in response to competitive pressures. Output increases came predominantly from reductions in production delays of various kinds. We model...
Persistent link: https://www.econbiz.de/10013122384