Showing 1 - 10 of 549
-financial globalization. Both country- and industry-level resultssuggest that such policies have led on average to limited output gains while …
Persistent link: https://www.econbiz.de/10012918557
We study economic globalization as a multidimensional process and investigate its effect on incomes. In a panel of 147 … countries during 1970-2014, we apply a new instrumental variable, exploiting globalization's geographically diffusive character …, and find differential gains from globalization both across and within countries: Income gains are substantial for …
Persistent link: https://www.econbiz.de/10012922630
We review the debate on the association of financial globalization with inequality. We show that the within …-market specific - is important for facilitating wider sharing of the benefits of financial globalization …
Persistent link: https://www.econbiz.de/10013243076
exogenous variations in trade-weighted world income and international oil price shocks as instruments for within …
Persistent link: https://www.econbiz.de/10013050681
studies suggest that globalization and rapid technological progress (associated with accelerated information technology … labor and capital adjusted to capital-augmenting technological progress and a more globalized world economy …
Persistent link: https://www.econbiz.de/10012777940
This paper presents a statistical analysis of revisions in quarterly gross domestic product (GDP) of the Group of Twenty countries (G-20) since 2000. The main objective is to assess whether the reliability of early estimates of quarterly GDP has been weakened from the turmoil of the 2008...
Persistent link: https://www.econbiz.de/10013084476
The Sustainable Development Goals (SDGs) adopted by the UN General Assembly in 2015 represent a new global consensus to end poverty, promote prosperity, and protect the environment. Goal 8 seeks to improve global resource efficiency in consumption and production and to decouple economic growth...
Persistent link: https://www.econbiz.de/10012924236
This paper presents a novel framework to estimate the elasticity between nighttime lights and quarterly economic activity. The relationship is identified by accounting for varying degrees of measurement errors in nighttime light data across countries. The estimated elasticity is 1.55 for...
Persistent link: https://www.econbiz.de/10014082217
Based on stylized evidence showing variation of the Gini coefficient of income inequality across skill cohorts and on the rapid rise in trade in technology-intensive goods, the ripple effects of technology transmission and income inequality are explored in a global Computable General Equilibrium...
Persistent link: https://www.econbiz.de/10012777769
The combination of stagnant growth and high levels of income inequality renewed the debate about whether a more even distribution of income can spur economic activity. This paper tests for cross-country convergence in income inequality and estimates its impact on economic growth with a...
Persistent link: https://www.econbiz.de/10012962147