Similar Search Results

Kowalczyk, Carsten; Riezman, Raymond G. - 2021

This paper reviews the most significant recent developments in the theory of trade agreements. The paper offers an integrated approach to evaluating trade agreements, and uses the approach to present results on preferential and multilateral trade agreements. The paper identifies also several...

Persistent link: https://www.econbiz.de/10013316371

Gotcha! A Profile of Smuggling in International Trade

Berger, Helge; Nitsch, Volker - 2021

the world's five largest importers for the period from 2002-2006, we find that the reporting gaps are highly correlated …

Persistent link: https://www.econbiz.de/10013316439

What Drives Corporate Tax Rates Down? A Reassessment of Globalization, Tax Competition, and Dynamic Adjustment to Shocks

Overesch, Michael - 2009

We reassess the driving forces behind the recent decline of corporate tax rates in Europe. Using data for up to 32 countries from 1983 to 2006, we analyze the role of economic and financial openness as well as tax competition while allowing for dynamic adjustment to shocks and period-specific as...

Persistent link: https://www.econbiz.de/10012765039

Health Care Expenditure and Income : A Global Perspective

Baltagi, Badi H. - 2016

This paper investigates the long-run economic relationship between health care expenditure and income in the world … using data on 167 countries over the period 1995-2012, collected from the World Bank data set. The analysis is carried using …

Persistent link: https://www.econbiz.de/10012979662

Globalization, Inequality, and Redistribution : Theory and Evidence

Gozgor, Giray - 2015

This paper constructs a simple theoretical model to study the implications of globalization for inequality and … redistribution. It shows that when globalization increases inequality, a policymaker interested in maximizing the sum of welfares of … all agents increases redistribution. Empirically, the paper examines the effects of globalization on inequality and …

Persistent link: https://www.econbiz.de/10013013496

The Impact of Economic Globalization on the Shadow Economy in Egypt

Farzanegan, Mohammad Reza - 2017

This study examines the economic globalization and the shadow economy nexus in Egypt. Using time series data from 1976 … economic globalization is negative and statistically significant for the first three years following the shock. This finding is … obtained by controlling for several intermediary channels in globalization-shadow economy nexus such as education, government …

Persistent link: https://www.econbiz.de/10012956723

The Globalisation of Inflation : The Growing Importance of Global Value Chains

Auer, Raphael - 2017

Greater international economic interconnectedness over recent decades has been changing inflation dynamics. This paper presents evidence that the expansion of global value chains (GVCs), ie cross-border trade in intermediate goods and services, is an important channel through which global...

Persistent link: https://www.econbiz.de/10012958886

Globalization, Wage Polarization, and the Unstable Great Ratio

Cozzi, Guido - 2014

The US labour market has experienced a remarkable polarization in the 1980s and 1990s. Moreover, recent empirical work has documented a sharp increase in the wealth to income ratio in that period. Contemporary to these inequality trends, the US faced a fast technological catch-up as European...

Persistent link: https://www.econbiz.de/10013044598

US Monetary Policy in a Globalized World

Cuaresma, Jesús Crespo - 2016

We analyze the interaction between monetary policy in the US and the global economy, using a global vector autoregressive model with time-varying parameters and stochastic volatility (TVP-SV-GVAR). We find that a contractionary US monetary policy shock leads to a persistent fall in international...

Persistent link: https://www.econbiz.de/10012994181

Financial Development and Inequality in the Global Economy

von Ehrlich, Maximilian - 2016

We build a heterogeneous-firms model with firm-specific wages and credit frictions to study the role of financial development for inequality in the global economy. If there are many small firms, better access to external funds reduces wage inequality and unemployment. In contrast, if there are...

Persistent link: https://www.econbiz.de/10012996265