Showing 1 - 10 of 38
Persistent link: https://www.econbiz.de/10012960698
. The paper provides an overview of the new globalization trends in the world and in Israel, with emphasis on the role of …Post WWII globalization forces are facing headwinds in the form of global crises-the “The Great Recession” and the “The … Pandemic Recession”. Israel’s trade and financial globalization, however, is steadily rising. The pandemic-induced slump in …
Persistent link: https://www.econbiz.de/10013250932
Globalization, in the form of financial flows, which is always advantageous on an aggregative level, typically creates … policies, governed by a majority of the population, spreads the globalization's gains from trade to all income groups, even … those who are low skilled and have small capital endowments. Therefore, financial globalization of a welfare-state economy …
Persistent link: https://www.econbiz.de/10012916166
. Financial globalization gathered force. Trade globalization, however, reversed course since the Global Financial Crisis. The new … financial globalization …
Persistent link: https://www.econbiz.de/10014243367
We survey three distinct types of financial crises which took place in the 1990s and the 2000s: 1) the credit implosion leading to severe banking crisis in Japan; 2) The foreign reserves' meltdown triggered by foreign hot money flight from frothy economies with fixed exchange rate regimes of...
Persistent link: https://www.econbiz.de/10013130560
This paper surveys key developments in the theory of international migration and international trade, and provides a few stylized facts. International migration, in many important cases, such as cross-country differences in productivity, can be a complement to international flows of commodities....
Persistent link: https://www.econbiz.de/10013218419
rest of the world are examined. For this purpose a general equilibrium model which is characterized by fully integrated … world capital marketsis constructed, economic agents behave rationally, and government policies are constrained to obey the …
Persistent link: https://www.econbiz.de/10013223092
The paper provides a unified analysis of globalization effects on the Phillips curve and monetary policy, in a New … inflation and activity. If policy makers are guided by the welfare criterion of the representative household, globalization …
Persistent link: https://www.econbiz.de/10012776453
relevant for the current debate about migration and globalization. The immigration wave was distinctive for its large high …
Persistent link: https://www.econbiz.de/10012960516
The paper reviews the crucial role which globalization forces played in Israel's transformation from low tech to high …
Persistent link: https://www.econbiz.de/10012960794