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Ireland, as debate grows around the prospect of a united Ireland inside the EU. UK politics is in turmoil and in a chronic …
Persistent link: https://www.econbiz.de/10012065056
Credit, Ireland's Back to Work Allowance and her Family Income Supplement, as well as Canada's Child Tax Benefit and her Self …
Persistent link: https://www.econbiz.de/10011408445
to estimate utility losses caused by terrorist activities in France, the UK and the Republic of Ireland. Terrorism in …
Persistent link: https://www.econbiz.de/10011402544
We use a dynamic spatial general equilibrium model of international investment and production to investigate the real implications of the last five decades of financial globalization. We introduce a wedge accounting framework to estimate country- and time-varying measures of outward and inward...
Persistent link: https://www.econbiz.de/10015439149
We quantify the impact of barriers to international investment, using a novel multi-country dynamic general equilibrium model with heterogeneous investors and imperfect capital mobility. Our model yields a gravity equation for bilateral foreign asset positions. We estimate this gravity equation...
Persistent link: https://www.econbiz.de/10012514947
Ambitious climate policy, coupled with financial frictions, has the potential to create macrofinancial stability risk. Such stability risk may expand beyond the economy implementing climate policy, potentially catching other countries off guard. International spillovers may occur because of...
Persistent link: https://www.econbiz.de/10014444903
We examine the impact of the last five decades of financial globalization on world GDP and income distribution, using a novel multi-country dynamic general equilibrium model that incorporates a demand system for international assets. We introduce, estimate and validate new country-level measures...
Persistent link: https://www.econbiz.de/10014340224
In this paper we develop a general model of an imperfectly competitive small open economy. There is a traded and non-traded sector, whose outputs are combined in order to produce a single final good that can be either consumed or invested. We make general assumptions about preferences and...
Persistent link: https://www.econbiz.de/10011399714
The need to absorb windfalls gains and manage them appropriately has been discussed extensively by academics and policy makers alike. We explore the role of the financial sector in intermediating these windfalls. Controlling for the level of financial development, inflation, GDP growth and...
Persistent link: https://www.econbiz.de/10011615740
In many developing economies rate of unemployment is increasing with skill accumulation and thereby leading to underemployment. Our paper offers to look at skill formation as a demand side problem not as a traditional supply side problem and also how skill formation or education affects...
Persistent link: https://www.econbiz.de/10012612938