Showing 1 - 10 of 900
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
redistribution. It shows that when globalization increases inequality, a policymaker interested in maximizing the sum of welfares of … all agents increases redistribution. Empirically, the paper examines the effects of globalization on inequality and … redistribution have been increasing with globalization. The results are robust to the inclusion of many different controls and the …
Persistent link: https://www.econbiz.de/10011343065
consider some of the implications of globalization for policy design, both within federal systems and across countries …. Although globalization poses new challenges for fiscal systems, it does not necessarily imply that redistributive policy … becomes untenable and possibly enhances the need for redistribution. …
Persistent link: https://www.econbiz.de/10013457362
. Fiscal competition is associated with less income redistribution and a less equal distribution of disposable incomes, but …
Persistent link: https://www.econbiz.de/10009792220
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 …
Persistent link: https://www.econbiz.de/10014444894
Societies see growing support for populist politicians who advocate an end to globalization. Our behavioral economics … model links impatience to voters’ appraisals of an income shock due to globalization that is associated with short-run costs … and delayed gains. The model shows that impatient individuals may reject further globalization if they are subject to …
Persistent link: https://www.econbiz.de/10012258291
optimal redistribution and social protection policies are in place, globalization necessarily improves social welfare. …This paper studies the welfare and policy implications of globalization when risk averse workers face the risk of … unemployment. If the jobs performed by domestic workers can be easily substituted by imports, then globalization reduces wages and …
Persistent link: https://www.econbiz.de/10010477152
We construct a theoretical model to capture the compensation and efficiency effects of globalization in a set up where … globalization- trade liberalization and financial openness- could potentially have different effects on taxation. We then provide … some empirical evidence on the relationship between taxation and the alternative modes of globalization using a large cross …
Persistent link: https://www.econbiz.de/10011996405
This paper reviews changes in global, between-country and within-country inequality over 1980-2000 against the background of the shifts that occurred in this area during the globalisation of 1870-1914. The paper finds that recent changes in global and between-country inequality are not marked...
Persistent link: https://www.econbiz.de/10011514131
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