Showing 1 - 10 of 19
Persistent link: https://www.econbiz.de/10003076038
How will the world-wide decline in real interest rates associated with global aging affect small open economies (SOEs …) with aging populations? Lower interest rates will result in higher capital-labor ratios and increased wages; higher wages …, in turn, will be passed on to pension benefits, exacerbating aging-related fiscal pressures. The pass-through effect will …
Persistent link: https://www.econbiz.de/10012677583
Persistent link: https://www.econbiz.de/10000961071
The theories of internalization and internationalization provide general factors of international market entry but are not precise about its timing. A model of waiting and growth options seizes the importance of flexibility to FDI decisions and centers the impact of uncertainty. The results of a...
Persistent link: https://www.econbiz.de/10003339171
Global liquidity expansion has been very dynamic since 2001. Contrary to conventional wisdom, high money growth rates have not coincided with a concurrent rise in goods prices. At the same time, however, asset prices have increased sharply, significantly outpacing the subdued development in...
Persistent link: https://www.econbiz.de/10003794104
Persistent link: https://www.econbiz.de/10003972645
Persistent link: https://www.econbiz.de/10002162589
Persistent link: https://www.econbiz.de/10002162593
Persistent link: https://www.econbiz.de/10002104839
Persistent link: https://www.econbiz.de/10001427883