Showing 1 - 10 of 258
Creativity is often highly concentrated in time and space, and across different domains. What explains the formation and decay of clusters of creativity? We match data on notable individuals born in Europe between the XIth and the XIXth century with historical city data. The production and...
Persistent link: https://www.econbiz.de/10012495140
We re-visit the evidence about the trade benefits of European Monetary Union (EMU), focusing on the experience of … countries which adopted the common currency since 2002. Based on "state of the art" gravity estimations for the period 1992 …-2013, we reach three main conclusions. First, estimates from an appropriately specified and estimated gravity equation provide …
Persistent link: https://www.econbiz.de/10011597238
Migration and trade are often linked through ethnic networks boosting bilateral trade. This study uses migration to … quantify the importance of Ricardian technology differences for international trade. The framework provides the first panel … between 1.6 and 2.4 depending upon weighting. This provides an important contribution to the trade literature of Ricardian …
Persistent link: https://www.econbiz.de/10011568775
attitudes towards globalization barriers (trade and immigration) and how important these attitudes are in how people vote. In … immigration. We also find that conservative voters in Sweden are more likely to prefer freer trade but higher immigration barriers … line with the existing results in the literature, we find that more educated and richer voters support freer trade and more …
Persistent link: https://www.econbiz.de/10012602182
effects of integration but more pronounced labour market effects from immigration. …
Persistent link: https://www.econbiz.de/10009781622
model, where the UK can commit to mobility, and the EU may constrain trade to dissuade future secession, or to punish the UK …. The model highlights the importance of whether the EU views trade and labor mobility as substitutes, in line with standard … trade theory, or as complements, as suggested by EU statements about inseparable freedoms. In the former case, the UK can …
Persistent link: https://www.econbiz.de/10011745298
impacts on particular locations, and immigration reforms, which led to large spatially concentrated increases in skilled …
Persistent link: https://www.econbiz.de/10012508778
investigate the ”global” determinants of populism, we look at trade and immigration jointly and consider their size as well as …-industrialization and of internet expansion. Low-skill immigration, on the other hand, tends to induce a transfer of votes from left-wing to … well as high-skill immigration, tend to reduce the volume of populism. …
Persistent link: https://www.econbiz.de/10013440433
This paper explores the role of marriage when markets are incomplete so that individuals cannot diversify their idiosyncratic labor income risk. Ceteris paribus, an individual would prefer to marry a hedge (i.e. a spouse whose income is negatively correlated with her own) as it raises her...
Persistent link: https://www.econbiz.de/10011399259
Yes, subject to concerns about Medicare inefficiencies and potentially self-confirming skepticism. The U.S. social security system-broadly defined to include Medicare-faces significant financial problems as the result of an aging population. But demographic change is also likely to raise...
Persistent link: https://www.econbiz.de/10011511045