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Re-orient? : MNC penetration and contemporary shifts in the global political economy
Tausch, Arno; Heshmati, Almas - 2009
This article analyses IMF estimates of economic growth in 180 countries (IMF, 2009), and inks the results to the "Re-orient" approach, put forward by Frank, 1998. With global economic gravitation shifting to the Indian Ocean/Pacific region, the article also analyses the role of MNC (foreign...
Persistent link: https://www.econbiz.de/10003896161
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The gradual transformation of continental European labor markets : France and Germany compared
Eichhorst, Werner (contributor) - 2007
Germany and France are both Continental European welfare states with severe labor market problems such as low employment and high and persistent unemployment which can be explained by labor market institutions that inhibit labor market adaptability. This paper analyzes recent reforms in core...
Persistent link: https://www.econbiz.de/10003540028
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Financial development, environmental quality, trade and economic growth : what causes what in MENA countries
Omri, Anis; Daly, Saida; Rault, Christophe; Chaibi, Anissa - 2015
This paper examines the relationship between financial development, CO2 emissions, trade and economic growth using simultaneous-equation panel data models for a panel of 12 MENA countries over the period 1990-2011. Our results indicate that there is evidence of bidirectional causality between...
Persistent link: https://www.econbiz.de/10010488272
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Can a mobile-app-based behavioral intervention teach financial skills to youth? : experimental evidence from a financial diaries study
Frisancho Robles, Verónica; Herrera, Alejandro; Prina, … - 2023
We study the impact of a mobile-app-based behavioral intervention on youth's financial literacy and financial behavior. To maximize the chances to reach out-of-school youth, we provided access to a user-friendly budget recording tool coupled with biweekly enumerators' visits and SMSs during a...
Persistent link: https://www.econbiz.de/10014311951
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The renminbi's role in the global monetary system
Prasad, Eswar S.; Ye, Lei - 2012
changes for the balance and sustainability of China's own economic development as well as the associated implications for the … global monetary system. While China is actively promoting the internationalization of its currency, it is a long way from … attaining full convertibility or meeting other prerequisites for achieving reserve currency status. Ultimately, China will …
Persistent link: https://www.econbiz.de/10009530739
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Unequal consequences of COVID-19 across age and income: representative evidence from six countries
Belot, Michèle; Choi, Syngjoo; Tripodi, Egon; Van den … - 2020
been affected across six countries (China, South Korea, Japan, Italy, UK and US). We first document changes in income …
Persistent link: https://www.econbiz.de/10012239013
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Demografie und Ungleichheit : der Einfluss von Veränderungen der Haushaltsstruktur auf die Einkommensverteilung in Deutschland
Peichl, Andreas (contributor); Pestel, Nico (contributor);  … - 2009
In Germany, two observations can be tracked over the past 15 to 20 years: First, income inequality has constantly increased while, second, the average household size has been declining dramatically. The analysis of income distribution relies on equivalence-weighted incomes, which take into...
Persistent link: https://www.econbiz.de/10003859316
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Policy responses to fiscal restraints : a difference-in-discontinuities design
Grembi, Veronica; Nannicini, Tommaso; Troiano, Ugo - 2012
We evaluate the effect of relaxing fiscal rules on policy outcomes applying a quasi-experimental research design. In 1999, the Italian central government introduced fiscal rules aimed at imposing fiscal discipline on municipal governments, and in 2001 the rules were relaxed for municipalities...
Persistent link: https://www.econbiz.de/10009656634
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Short-time work and precautionary savings
Dengler, Thomas; Gehrke, Britta - 2021
In the Covid-19 crisis, most OECD countries use short-time work schemes (subsidized working time reductions) to preserve employment relationships. This paper studies whether short-time work can save jobs through stabilizing aggregate demand in recessions. We build a New Keynesian model with...
Persistent link: https://www.econbiz.de/10012517675
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Long-term employment and job security over the last twenty-five years : a comparative study of Japan and the US
Kanbayashi, Ryō; Kato, Takao - 2011
-national analysis of micro data from Japan's Employment Status Survey and its U.S. counterpart, Current Population Survey. Our focus is … core employees (employees of prime age of 30-44 who have already accumulated at least five years of tenure) in Japan were … remarkably stable at around 70 percent over the last twenty-five years, and there is little evidence that Japan's Great Recession …
Persistent link: https://www.econbiz.de/10009523528