Narrow search
Showing 1 - 10 of 21
Cover Image
Adding Space to the International Business Cycle
Abate, Girum Dagnachew - 2019
Growth fluctuations exhibit substantial synchronization across countries, which has been viewed as reflecting a global business cycle driven by shocks with worldwide reach, or spillovers resulting from local real and/or financial linkages between countries. This paper brings these two...
Persistent link: https://www.econbiz.de/10012889889
Cover Image
Gross Capital Flows, Common Factors, and the Global Financial Cycle
Barrot, Luis-Diego - 2018
(the VIX, the U.S. real interest rate and real exchange rate, U.S. GDP growth, and world commodity prices) that explain …
Persistent link: https://www.econbiz.de/10012926785
Cover Image
Swept by the Tide? The International Comovement of Capital Flows
Fernandez Lafuerza, Luis Gonzalo - 2019
This paper assesses the international comovement of gross capital flows in a setting simultaneously encompassing aggregate inflows and outflows. It uses as empirical framework a multilevel latent factor model, implemented on flow data for a large sample of countries over more than three decades....
Persistent link: https://www.econbiz.de/10012889898
Cover Image
The Gatt's Starting Point : Tariff Levels Circa 1947
Bown, Chad P. - 2018
How high were import tariffs when GATT participants began negotiations to reduce them in 1947? Establishing this starting point is key to determining how successful the GATT has been in bringing down trade barriers. If the average tariff level was about 40 percent, as commonly reported, the...
Persistent link: https://www.econbiz.de/10012936212
Cover Image
The Empirical Landscape of Trade Policy
Bown, Chad P. - 2018
represented 83 percent of the world's population and 91 percent of the world's GDP in 2013. It addresses the following five … setting trade policy? Finally, how liberalized is world trade? The analysis documents the extent of cross … concludes that substantial trade policy barriers remain as an important feature of the world economy …
Persistent link: https://www.econbiz.de/10012936297
Cover Image
What?S Left for the WTO?
Bown, Chad P. - 2018
established in 2001 but instead on the terms-of-trade theory of trade agreements to identify negotiating priorities. This paper … uses the lens of the terms-of-trade theory to investigate three areas in which it is frequently alleged that currently …
Persistent link: https://www.econbiz.de/10012936698
Cover Image
Is the WTO Passe?
Bagwell, Kyle - 2018
The WTO has delivered policy outcomes that are very different from those likely to emerge out of the recent wave of preferential trade agreements (PTAs). Should economists see this as an efficient institutional hand-off, where the WTO has carried trade liberalization as far as it can manage, and...
Persistent link: https://www.econbiz.de/10012937212
Cover Image
Infrastructure, Growth, and Inequality : An Overview
Calderón, César - 2017
Academics and policy makers have long considered an adequate supply of infrastructure services to be essential for economic development. This paper reviews recent theoretical and empirical literature on the effects of infrastructure development on growth and income distribution. The theoretical...
Persistent link: https://www.econbiz.de/10012972738
Cover Image
Trade Flows and Trade Disputes
Bown, Chad P. - 2017
countries fight about under World Trade Organization (WTO) dispute settlement. The paper characterizes the scope of products, as …
Persistent link: https://www.econbiz.de/10012972945
Cover Image
What Do We Know About Preferential Trade Agreements and Temporary Trade Barriers?
Bown, Chad P. - 2017
apply the World Trade Organization's global safeguards policy instrument. The four examples include recent policies applied …
Persistent link: https://www.econbiz.de/10012973155