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Schwerhoff, Gregor; Edenhofer, Ottmar - 2014

According to the Globalization Paradox, globalization limits the freedom of choice for national governments. Capital …. Fixed factor taxes have the potential to improve welfare by defusing the globalization trilemma through a reduction in the …

Persistent link: https://www.econbiz.de/10010375314

It's a big world after all

Brakman, Steven (contributor); … - 2007

Persistent link: https://www.econbiz.de/10003496820

Sixty years of global inflation : a post-GFC update

Auer, Raphael A.; Pedemonte, Mathieu; Schoenle, Raphael - 2024

Is inflation (still) a global phenomenon? We study the international co-movement of inflation based on a dynamic factor model and in a sample spanning up to 56 countries during the 1960-2023 period. Over the entire period, a first global factor explains approximately 58% of the variation in...

Persistent link: https://www.econbiz.de/10014551069

Did austerity cause Brexit?

Fetzer, Thiemo - 2018

Did austerity cause Brexit? This paper shows that the rise of popular support for the UK Independence Party (UKIP), as the single most important correlate of the subsequent Leave vote in the 2016 European Union (EU) referendum, along with broader measures of political dissatisfaction, are...

Persistent link: https://www.econbiz.de/10011877825

The impact of globalization on the composition of government expenditures : evidence from panel data

Dreher, Axel (contributor); Sturm, Jan-Egbert (contributor); … - 2006

Persistent link: https://www.econbiz.de/10003364513

Ordoliberalism, pragmatism and the Eurozone crisis : how the German tradition shaped economic policy in Europe

Feld, Lars P.; Köhler, Ekkehard A.; Nientiedt, Daniel - 2015 - This version: May 18, 2015

German policy during the Eurozone crisis supposedly follows an ordoliberal tradition. In this paper, we discuss to what extent this contention holds and to what extent Germany pragmatically responded to different crisis phenomena. A proper analysis of ordoliberal thinking reveals that the...

Persistent link: https://www.econbiz.de/10010528303

The macroeconomic policy challenges of balance sheet recession : lessons from Japan for the European crisis

Schnabl, Gunther - 2013

The paper compares the boom-and-bust cycles in Japan and Europe with respect to the reasons for excessive booms, the characteristics of the crises, and the (potential) effects of the crisis therapies. As in Japan the consequence of expansionary monetary and fiscal policies is the hysteresis of...

Persistent link: https://www.econbiz.de/10009743745

Globalisation, competitive governments, and constitutional choice in Europe

Breton, Albert; Ursprung, Heinrich W. - 2002

The traditional school of economic policy analysis predicts that globalisation will give rise to predatory competition between the governments of the European nation states. The consequence is anticipated to be a marked reduction in, if not the destruction of, the benevolent Welfare State. The...

Persistent link: https://www.econbiz.de/10011408984

Quantifying the extensive margin(s) of trade : the case of uneven European integration

Anderson, James E.; Yotov, Yoto - 2022

and a novel domestic extensive margin. The domestic extensive margin allows identification of globalization and specific … effects of globalization and European integration. We find strong positive effects of globalization and also significant but …

Persistent link: https://www.econbiz.de/10013285497

Cross-border patenting, globalization, and development

LaBelle, Jesse; Martínez-Zarzoso, Inmaculada; … - 2023

We build a stylized model that captures the relationships between cross-border patenting, globalization, and … strong, positive impact of policy and globalization on cross-border patent flows, especially from North to South. A … gaining more than North post-2000, thus lowering real income inequality in the world. …

Persistent link: https://www.econbiz.de/10014444894

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