Showing 1 - 10 of 179
This paper examines the linkages between the trade of goods and financial assets. Do both flows behave as complements … macroeconomics, the empirical evidence has remained relatively scarce so far, in particular for the Euro area where trade and … from 2002-2012, to test the so-called trade-finance nexus. Since theoretical models stress that both flows might be …
Persistent link: https://www.econbiz.de/10012099470
This paper reviews a growing literature on migration and globalization, focusing on its relevance for developing and emerging economies. It documents the role of diaspora networks in enhancing cross-border flows of goods, capital, and knowledge, eventually contributing to efficient...
Persistent link: https://www.econbiz.de/10011518125
vividly illustrated. This paper investigates how changes in trade linkages between China, Latin America, and the rest of the … and largest trading partners than to increased direct bilateral trade linkages boosted by the decade long commodity price … literature. -- China ; GVAR ; Great Recession ; emerging markets ; international business cycle ; Latin America ; trade linkages …
Persistent link: https://www.econbiz.de/10009311486
Based on a two-country model it is scrutinized how the structure of the unemployment benefit system affects the consequences of idiosyncratic labor market shocks on real wages and unemployment in other countries. International spillover effects are caused by changes in world real income. The...
Persistent link: https://www.econbiz.de/10011415263
The paper contributes to the globalization debate by scrutinizing the international spillover effects which are provoked if a single country reduces the generosity of the unemployment compensation system or weakens labor union power. For this purpose a two-country model with imperfect...
Persistent link: https://www.econbiz.de/10011404156
misalignments. Intra-regional trade - both with North Africa and the rest of the continent - together with greater orientation to …
Persistent link: https://www.econbiz.de/10010227730
diversification. -- Economic growth and international trade ; Heckscher-Ohlin ; multiple cones of diversification ; marginal product …
Persistent link: https://www.econbiz.de/10003933636
This paper extends the existing literature on FDI and wage inequality. We do this in two ways. Firstly, we incorporate … and vertical FDI. Secondly, after establishing the effects that inward investment has on wage inequality, we then analyse … has on this. We illustrate the important differences that horizontal and vertical FDI have on both wages and wage …
Persistent link: https://www.econbiz.de/10003937244
essential for a country's economic growth. Our hypothesis is that foreign-educated leaders attract more FDI to their country …. Our rationale is that education obtained abroad encompasses a whole slew of factors that can make a difference in FDI … significant determinant of FDI inflows, beyond other standard characteristics. While intuitive, this result does not necessarily …
Persistent link: https://www.econbiz.de/10009312932
evidence on the link of productivity and both exports and foreign direct investment (fdi) in services firms from a highly … – where the firms with the highest productivity engage in fdi while the least productive firms serve the home market only and … is evidence that firms with fdi are less productive than firms that export. -- exports ; foreign direct investments …
Persistent link: https://www.econbiz.de/10009425691