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This paper re-examines the link between globalization and income inequality. We use data for 140 countries over the … period 1970-2014 and employ an IV approach to deal with the endogeneity of globalization measures. We find that the link … between globalization and income inequality differs across different groups of countries. There is a robust positive …
Persistent link: https://www.econbiz.de/10011789164
We examine how trade openness influences income inequality within countries. The sample includes 139 countries over the period 1970-2014. We employ predicted openness as instrument to deal with the endogeneity of trade openness. The effect of trade openness on income inequality differs across...
Persistent link: https://www.econbiz.de/10012599018
a unique panel of inequality estimates for 24 transitional countries for the period 1989-1998. The fixed effects model …
Persistent link: https://www.econbiz.de/10011410420
In this paper, we propose a novel approach to the study of international trade that leads to a measure of country openness that is quite different from the various alternatives proposed by the received literature. In contrast to these, our measure does not use indicators of aggregate trade...
Persistent link: https://www.econbiz.de/10012625802
effect vector decomposition (FEVD) technique. Our estimation results indicate a positive and significant impact of FTAs on …
Persistent link: https://www.econbiz.de/10003763931
This note provides evidence for the relationship between income comparisons and subjective well-being (SWB), using novel German data on self-reported comparison intensity and perceived relative income for seven reference groups. We find negative correlations between comparison intensity and SWB...
Persistent link: https://www.econbiz.de/10011346880
Performing a panel data analysis for OECD countries, during the period between 1990 and 2019, this article investigates …
Persistent link: https://www.econbiz.de/10013473321
(industry) level by applying the Phillips-Sul (2007) tests for panel and club convergence. The main findings can be summarised … Telecommunication, both in a turn-around phase, and Gas & Oil and Technology, for which there is no panel convergence. Club convergence … tests reveal the existence of convergence clubs and divergent economies within the full panel, which explains why panel …
Persistent link: https://www.econbiz.de/10011658042
Persistent link: https://www.econbiz.de/10012599537
-area currencies. First, using dynamic panel techniques, we estimate an error correction model for the dollar real exchange rate versus …
Persistent link: https://www.econbiz.de/10011538958