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Effects of U.S. Inflation on Hong Kong and Singapore

Cheung, Yin-Wong; Yuen, Jude - 2021

this paper, we examine how inflation rates in two small open economies, namely Hong Kong and Singapore, interact with those … model is used to study the inflation dynamics. It is found that Hong Kong and Singapore inflation rates, but not the U ….S. one, respond to the error correction term. Compared with Singapore, the Hong Kong inflation rate is more responsive to U …

Persistent link: https://www.econbiz.de/10013320545

A Simple Model of Service Offshoring with Time Zone Differences

Kikuchi, Toru; Van Long, Ngo - 2021

We propose a two-country monopolistic competition model of business service offshoring that captures the advantage conferred by time zone differences. We emphasize the role of the entrepreneurs, who decide how to produce business services (i.e., domestic service provision or service offshoring)....

Persistent link: https://www.econbiz.de/10013316225

Greasing the Wheels of International Commerce : How Services Facilitate Firm's International Sourcing

Debaere, Peter; Görg, Holger; Raff, Horst - 2021

We use unique plant-level data to study the link between the local availability of services and the decision of manufacturing firms to source materials from abroad. To guide our empirical analysis we develop a monopolistic-competition model of the materials sourcing decisions of heterogeneous...

Persistent link: https://www.econbiz.de/10013316255

Off-Shoring and Productivity Growth in the Italian Manufacturing Industries

Daveri, Francesco; Jona-Lasinio, Cecilia - 2021

We study the relation between the off-shoring of intermediates and services and productivity growth in the Italian manufacturing industries in 1995-2003. Our results indicate that the off-shoring of intermediates within the same industry ("narrow off-shoring") is beneficial for productivity...

Persistent link: https://www.econbiz.de/10013316535

Cointegration of Matched Home Purchases and Rental Price Indexes -- Evidence from Singapore

Baltagi, Badi H. - 2015

This paper exploits the homogeneity feature of the Singapore private residential condominium market and constructs …

Persistent link: https://www.econbiz.de/10013011805

Hong Kong Output Dynamics : An Empirical Analysis

Cheung, Yin-Wong - 2021

Advanced statistical techniques are used to analyze Hong Kong output dynamics. Hong Kong, Japan and the U.S. are found to share some common long-term and short-term cyclical variations. While the Hong Kong economy is susceptible to external shocks and Granger-caused by the other two economies,...

Persistent link: https://www.econbiz.de/10013321022

Subjective Well-Being, Income, Economic Development and Growth

Sacks, Daniel W. - 2011

We explore the relationships between subjective well-being and income, as seen across individuals within a given country, between countries in a given year, and as a country grows through time. We show that richer individuals in a given country are more satisfied with their lives than are poorer...

Persistent link: https://www.econbiz.de/10013132796

Will Women Save More than Men? A Theoretical Model of Savings and Marriage

Grossbard, Shoshana Amyra - 2010

This paper presents an inter-temporal model of individual behavior with uncertainty about marriage and divorce and which accommodates the possible presence of economies or diseconomies of scale from marriage. We show that a scenario of higher marriage rates and higher divorce rates will be...

Persistent link: https://www.econbiz.de/10013139496

Labor Market Policy : A Comparative View on the Costs and Benefits of Labor Market Flexibility

Kahn, Lawrence M. - 2010

I review theories and evidence on labor market policies and institutions in an international context. These include collective bargaining, minimum wages, employment protection laws, unemployment insurance (UI), mandated parental leave, and active labor market policies. Scandinavia and Central...

Persistent link: https://www.econbiz.de/10013139655

Vignette Equivalence and Response Consistency : The Case of Job Satisfaction

Ferrer-i-Carbonell, Ada - 2011

We compare reported job satisfaction with vignette evaluations of hypothetical jobs by using a British, Greek and Dutch data set, containing 95 randomly assigned vignettes. In order to test comparability of international data sets recently the method of anchoring vignettes has been introduced by...

Persistent link: https://www.econbiz.de/10013117782

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