Showing 1 - 10 of 4,579
We analyze shifts in the structure of China's capital outflows over the past decade. The composition of gross outflows has shifted from accumulation of foreign exchange reserves by the central bank to nonofficial outflows. Unlocking the enormous pool of domestic savings could have a significant...
Persistent link: https://www.econbiz.de/10012178659
Economic theory has identified a number of channels through which openness to international financial flows could raise productivity growth. However, while there is a vast empirical literature analyzing the impact of financial openness on output growth, far less attention has been paid to its...
Persistent link: https://www.econbiz.de/10003747653
The gravity model has provided a tractable empirical framework to account for bilateral flows not only of manufactured …
Persistent link: https://www.econbiz.de/10009787347
Cultural differences play an important role in shaping migration patterns. The conventional proxies for cross country cultural differences - such as common language, ethnicity, genetic traits or religion - implicitly assume that cultural proximity between two countries is constant over time and...
Persistent link: https://www.econbiz.de/10011816791
influence of differences in capital taxation on bilateral cross-border M&A is assessed using a structural gravity model. The …
Persistent link: https://www.econbiz.de/10014279899
In this paper we model the migration decisions of high-skilled women as a function of the benefits associated with moving from an origin with relatively low women's rights to a destination with a relatively high level of women's rights. However, the costs faced by women are decreasing in the...
Persistent link: https://www.econbiz.de/10010337414
We develop and estimate a theory-consistent gravity model for interregional migration flows in the presence of … unemployment. Micro-founded in a setting where search friction regulates labor market transitions, we derive a migration gravity ….g. home bias). As a model of unemployment, a migration gravity approach uncovers hitherto under-appreciated interregional …
Persistent link: https://www.econbiz.de/10013471455
; language ; culture ; internal migration ; gravity ; Germany … a gravity analysis, we show that current cross-regional migration is positively affected by historical dialect …
Persistent link: https://www.econbiz.de/10003939183
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
the help of a latent estimation approach (MIMIC procedure). The figures show that Al Qaeda and other terror organizations …
Persistent link: https://www.econbiz.de/10003949487