Narrow search
Showing 1 - 10 of 929
Cover Image
Globalisation and social spending
De Grauwe, Paul; Polan, Magdalena - 2003
We provide evidence indicating that countries with well-developed social security systems do not necessarily face a trade-off between social spending and competitiveness. On average, countries that spend a lot on social needs score well in the competitiveness league. We investigate the...
Persistent link: https://www.econbiz.de/10011506440
Cover Image
Competition, premature trading and excess volatility
Deb, Pragyan; Koo, Bonsoo; Liu, Zijun - In: Journal of banking & finance 41 (2014), pp. 178-193
Persistent link: https://www.econbiz.de/10010408477
Cover Image
Low skill but high volatility?
Buch, Claudia M.; Pierdzioch, Christian - 2009
Globalization may impose a double-burden on low-skilled workers. On the one hand, the relative supply of low … test the predictions of the model. Our results show that greater financial globalization and development increases the … dampening impact. -- labor-market volatility ; skill levels ; financial globalization …
Persistent link: https://www.econbiz.de/10003850520
Cover Image
Globalization, redistribution, and the composition of public education expenditures
Baskaran, Thushyanthan; Hessami, Zohal - 2010
We analyze whether globalization affects the composition of public expenditures for education by integrating arguments … towards lower education. In industrialized countries, on the other hand, globalization has an ambiguous effect on the …-2006 period.--globalization ; public education ; composition of public spending …
Persistent link: https://www.econbiz.de/10003928775
Cover Image
Global uncertainty
Caggiano, Giovanni; Castelnuovo, Efrem - 2021
We estimate a novel measure of global financial uncertainty (GFU) with a dynamic factor framework that jointly models global, regional, and country-specific factors. We quantify the impact of GFU shocks on global output with a VAR analysis that achieves set-identification via a combination of...
Persistent link: https://www.econbiz.de/10012431805
Cover Image
Real convergence, capital flows, and competitiveness in Central and Eastern Europe
Belke, Ansgar; Schnabl, Gunther; Zemanek, Holger - 2009
The paper scrutinizes the role of wages and capital flows for competitiveness in the new EU member states in the context of real convergence. For this purpose it extends the seminal Balassa-Samuelson model by international capital markets. The augmented Balassa-Samuelson model is linked to the...
Persistent link: https://www.econbiz.de/10003897541
Cover Image
Bank competition, asset allocations and risk of failure : an empirical investigation
Boyd, John H.; De Nicolò, Gianni; Jalal, Abu M. - 2010
This study is an empirical investigation of theoretical predictions concerning the impact of bank competition on bank risk and asset allocations. Recent work (Boyd, De Nicolò and Jalal, 2009, BDNJ henceforth) predicts that as competition in banking increases, the loan-to-asset ratio will rise...
Persistent link: https://www.econbiz.de/10008697517
Cover Image
Real convergence, capital flows, and competitiveness in Central and Eastern Europe
Belke, Ansgar; Schnabl, Gunther; Zemanek, Holger - 2010
Persistent link: https://www.econbiz.de/10008907306
Cover Image
The dark side of international cross-listing : effects on rival firms at home
Melvin, Michael (contributor); Valero, Magali (contributor) - 2007
Persistent link: https://www.econbiz.de/10003624831
Cover Image
Short-term price effects of a carbon tax and implications for sectors competitiveness in small open economies
Gonne, Nicolas - 2010
Asymmetric climate policies are expected to distort the level-playing field regarding international trade, singularly to the detriment of small open economies. The paper develops a flexible method that provides essential input regarding the design of offsetting measures. It builds on...
Persistent link: https://www.econbiz.de/10008749036