Showing 1 - 9 of 9
This paper examines the impact of trade on employment, wages, and other outcomes across countries and explores the … firm-level dataset to examine the impact of import competition on employment, wages, and firm performance, as well as the … higher average wages; thus any relatively slower employment growth in this group of firms could lead to lower inequality …
Persistent link: https://www.econbiz.de/10012605685
Persistent link: https://www.econbiz.de/10009419727
The simple answer to both questions in the title of this paper is: No. We concentrate on the three main risk elements that contributed to the banking system’s difficulties during the crisis: increasing dollarization of the balance sheet, expanding exposure to the government, and, eventually,...
Persistent link: https://www.econbiz.de/10014402987
Persistent link: https://www.econbiz.de/10009756777
This paper explores the macroeconomic impact of social unrest, using a novel index based on news reports. The findings are threefold. First, unrest has an adverse effect on economic activity, with GDP remaining on average 0.2 percentage points below the pre-shock baseline six quarters after a...
Persistent link: https://www.econbiz.de/10012613425
Outward migration has been an important phenomenon for countries in Latin American and the Caribbean (LAC), particularly those in Central America and the Caribbean. This paper examines recent trends in outward migration from and remittances to LAC, as well as their costs and benefits. For the...
Persistent link: https://www.econbiz.de/10011704920
business regulation and licensing, strengthening innovation and R and D capacity, improving labor market flexibility, and …
Persistent link: https://www.econbiz.de/10011978705
This paper investigates the impact of workers’ remittances on equilibrium real exchange rates (ERER) in recipient economies. Using a small open economy model, it shows that standard ""Dutch Disease"" results of appreciation are substantially weakened or even overturned depending on: degree of...
Persistent link: https://www.econbiz.de/10014402929
A large theoretical and empirical literature has focused on the impact of financial deepening on economic growth throughout the world. This paper contributes to the literature by investigating whether this impact differs across regions, income levels, and types of economy. Using a rich dataset...
Persistent link: https://www.econbiz.de/10014395188