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Brilliant technologies and brave entrepreneurs : a new narrative for African manufacturing
Naudé, Wim - 2018
In this paper I argue that the manufacturing sector still has an important role to play in Africa's development. Despite failing to industrialize in the past, there may be a new window of opportunity. This is due to the convergence of what has been called "brilliant" new technologies associated...
Persistent link: https://www.econbiz.de/10011949049
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Superstition, conspicuous spending, and housing markets : evidence from Singapore
Agarwal, Sumit; He, Jia; Liu, Haoming; Png, Ivan; Sing, … - 2016
For most people, buying a home is their single largest financial commitment. Previous research shows that Chinese buyers pay less for homes with unlucky addresses and more for homes with lucky addresses. Using Singapore data on housing transactions combined with a plethora of individual buyer...
Persistent link: https://www.econbiz.de/10011458319
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Import competition and public attitudes towards trade
Davenport, Alex; Dorn, David; Levell, Peter - 2021
that it has specific benefits in terms of reducing prices, creating jobs, or increasing wages. While economists often … emphasize the consumer benefits of trade due to lower prices, only 20-40% of survey respondents in most countries perceive such …
Persistent link: https://www.econbiz.de/10012588749
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The economic effects of COVID-19 and credit constraints: evidence from Italian firms' expectations and plans
Balduzzi, Pierluigi; Brancati, Emanuele; Brianti, Marco; … - 2020
. Most firms revise downward their expectations for sales, orders, employment, and investment, while prices are expected to … higher prices, relative to unconstrained firms. The search for and availability of liquidity is a key determinant of firms …
Persistent link: https://www.econbiz.de/10012271637
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Purchasing-power-parity and the saving behavior of temporary migrants
Akay, Alpaslan; Brausmann, Alexandra; Djajić, Slobodan; … - 2018
How does saving behavior of immigrants respond to changes in purchasing power parity between the source and host countries? We examine this question by building a theoretical model of joint return-migration and saving decisions of temporary migrants and then test its implications by using data...
Persistent link: https://www.econbiz.de/10011886875
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Firm dynamics with frictional product and labor markets
Kaas, Leo; Kimasa, Bihemo - 2018
productivity and demand for the labor market and the dispersions of prices and labor productivity. We further analyze the impact of …This paper analyzes the joint dynamics of prices, output and employment across firms. We develop a dynamic equilibrium … productivity and demand shocks have distinct implications for the firms' output and price adjustments. Using panel data on prices …
Persistent link: https://www.econbiz.de/10011896893
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The downward spiral
Greenwood, Jeremy; Guner, Nezih; Kopecky, Karen A. - 2022
There have been more than 500,000 opioid overdose deaths since 2000. To analyze the opioid epidemic, a model is constructed where individuals choose whether to use opioids recreationally, knowing the probabilities of addiction and dying. These odds are functions of recreational opioid usage....
Persistent link: https://www.econbiz.de/10013382024
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Aggregate shocks or aggregate information? : Costly information and business cycle comovement
Veldkamp, Laura (contributor); Wolfers, Justin (contributor) - 2006
has examined complementarities in production, we propose that sectors make similar input decisions because of … complementarities in information acquisition. Because information about driving forces has a high fixed cost of production and a low … correlated production choices. This mechanism amplifies the effects of common shocks, relative to sectoral shocks. …
Persistent link: https://www.econbiz.de/10003474099
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Fiscal zoning, sales taxes, and employment : do higher sales taxes lead to more jobs in retailing and fewer jobs in manufacturing?
Burnes, Daria; Neumark, David; White, Michelle J. - 2012
We test the hypothesis that local government officials in jurisdictions that have higher local sales taxes are more likely to use fiscal zoning to attract retailing. We find that total retail employment is not significantly affected by local sales tax rates, but employment in big box and anchor...
Persistent link: https://www.econbiz.de/10009533477
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Migration on the rise, a paradigm in decline : the last half-century of global mobility
Clemens, Michael A. - 2022
The past several decades have witnessed a rebirth of global labor mobility. Workers have begun to move between countries at rates not seen since before World War One. During the same period, economists' study of international migration has been framed by a particular textbook model of location...
Persistent link: https://www.econbiz.de/10012820735