Showing 1 - 10 of 413
Persistent link: https://www.econbiz.de/10012691143
between financial globalization and corporate tax rates and revenues—results vary according to country grouping with OECD …. Financial Globalization, Political Economy Factors, and Corporate Tax Rates -- A. Open Economy Macroeconomics -- B …. Globalization and Strategic Considerations -- C. Diffusion of Ideas -- IV. Hypotheses -- V. Data and Measures, and Methodology -- VI …
Persistent link: https://www.econbiz.de/10012690167
Although cross-border bank lending has fallen sharply since the crisis, extending our bank ownershipdatabase from 1995-2009 up to 2013 shows only limited retrenchment in foreign bank presence. Whilebanks from OECD countries reduced their foreign presence (but still represent 89% of foreign bank...
Persistent link: https://www.econbiz.de/10012690528
OPENNESS -- IV. PATTERNS OF FINANCIAL GLOBALIZATION -- V. MACROECONOMIC EVIDENCE ON EFFECTS OF FINANCIAL GLOBALIZATION -- VI … GLOBALIZATION -- IX. THRESHOLD EFFECTS IN OUTCOMES OF FINANCIAL GLOBALIZATION -- X. CONCLUDING REMARKS -- APPENDIXES -- References. …
Persistent link: https://www.econbiz.de/10012690991
Going forward, Korea faces two closely related challenges: sustaining economic growth against the backdrop of a rapidly aging population and ameliorating income inequality. This paper argues that a gradual increase in social spending could promote more sustainable and inclusive growth in Korea....
Persistent link: https://www.econbiz.de/10009659803
This paper examines how exchange rate volatility and Korean banks' foreign exchange liquidity mismatches interacted with each other during the Global Financial Crisis, and whether the vulnerability stemming from this interaction has been reduced since then. Structural and cyclical changes after...
Persistent link: https://www.econbiz.de/10009679020
This paper looks at the empirical record whether big infrastructure and public capital drives have succeeded in accelerating economic growth in low-income countries. It looks at big long-lasting drives in public capital spending, as these were arguably clear and exogenous policy decisions. On...
Persistent link: https://www.econbiz.de/10012690573
Korean household debt has reached 148 percent of disposable income, high by emerging market standards. Most of this debt remains at variable rates, shifting the interest rate risk from better diversified financial institutions to households and increasing their sensitivity to macroeconomic...
Persistent link: https://www.econbiz.de/10012677686
This paper constructs an industry-level dataset of productivity across advanced economies, showing that Korea's labor productivity and total factor productivity levels are below the median of other advanced economies. We identify sizable industry-level productivity gaps in Korea with respect to...
Persistent link: https://www.econbiz.de/10015060021
examines the impact of that deleveraging on credit supply in recipient economies, with a particular focus on Asia …
Persistent link: https://www.econbiz.de/10009659761