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, consistent with economic norms theory, higher levels of market-capitalism are associated with less anti-American terrorism …This contribution examines the role of capitalism in anti-American terrorism. Using data for 149 countries between 1970 … and 2007, this contribution, contrary to expectations from capitalist peace theory, does not find that Anti …
Persistent link: https://www.econbiz.de/10010375158
setting, we study the trade and welfare implications of labor market deregulation and compare these implications with the … consequences of product market deregulation. Thereby, we take into account that labor market reforms are subject to national policy … decisions and thus associated with unilateral intervention, while product market deregulation is determined at an international …
Persistent link: https://www.econbiz.de/10009314549
A multi-country Schumpeterian growth model is constructed when there is world-wide externality in technological … level of welfare. When the interest-rate elasticity of consumption in the world is low (high), the simultaneous regulation … (deregulation) of the labour market in all countries increases welfare. …
Persistent link: https://www.econbiz.de/10011541196
We investigate whether globalization influenced credit market deregulation over the period 1970-2010. Globalization is … measured by the KOF indices of globalization. Credit market deregulation is measured by the credit market freedom indicators of … positive correlation between globalization and credit market deregulation. We account for reverse causality by using predicted …
Persistent link: https://www.econbiz.de/10010528971
the policy drive towards domestic deregulation and external liberalisation. The paper concludes by analysing the …
Persistent link: https://www.econbiz.de/10011514131
Persistent link: https://www.econbiz.de/10003496820
Persistent link: https://www.econbiz.de/10009763538
. Evidence on employment in the retail sector from Germany, the Netherlands and the United States suggests that the regulatory … attributed to product market deregulation, in particular liberalization of shop-closing laws effected in the mid-1990s. I sketch …
Persistent link: https://www.econbiz.de/10009781500
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
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