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E-commerce during COVID : stylized facts from 47 economies

Alcedo, Joel; Cavallo, Alberto; Dwyer, Bricklin; … - 2022

We study e-commerce across 47 economies and 26 industries during the COVID-19 pandemic using aggregated and anonymized transaction-level data from Mastercard, scaled to represent total consumer spending. The share of online transactions in total consumption increased more in economies with...

Persistent link: https://www.econbiz.de/10013170539

Technological and economic decoupling in the cyber era

Garcia-Macia, Daniel - 2020

The COVID-19 pandemic has accelerated the shift toward digital services. Meanwhile, the race for technological and economic leadership has heated up, with risks of decoupling that could set back trade and growth and hinder the recovery from the worst global recession since the Great Depression....

Persistent link: https://www.econbiz.de/10012392638

Globalization, Technological Developments, and the Work of Fiscal Termites

Tanzi, Vito - 2000

Deepening globalization and associated or parallel technological and institutional developments are creating conditions which may reduce the industrial countries’ ability to sustain high levels of taxation. The paper identifies and discusses eight trends which may generate revenue falls. It...

Persistent link: https://www.econbiz.de/10014403516

Is digitalization driving domestic inflation?

Csonto, Balazs; Huang, Yuxuan; Tovar, Camilo Ernesto - 2019

This paper examines the extent to which digitalization-measured by a new proxy based on IP addresses allocations per country-has influenced inflation dynamics in a sample of 36 advanced and emerging economies over 2000-2017. Phillips curve estimates show that digitalization has a statistically...

Persistent link: https://www.econbiz.de/10012154996

Destabilizing the global monetary system : Germany's adoption of the gold standard in the early 1870s

Wiegand, Johannes - 2019

In 1871-73, newly unified Germany adopted the gold standard, replacing the silver-based currencies that had been … block. Why did Germany switch to gold and set the train of destructive events in motion? Both a review of the … France, which would have severed the link between gold and silver currencies. Without reform, Germany would thus have risked …

Persistent link: https://www.econbiz.de/10012009318

Firm-Level Evidenceon International Stock Market Comovement

Brooks, Robin - 2003

We explore the link between international stock market comovement and the degree to which firms operate globally. Using stock returns and balance sheet data for companies in 20 countries, we estimate a factor model that decomposes stock returns into global, country-specific and industry-specific...

Persistent link: https://www.econbiz.de/10014403861

Cointegration of International Stock Market Indices

Chou, Ray Yeu-Tien - 1994

country stock price indices, including that of the United States, Canada, the United Kingdom, France, Germany, and Japan are …

Persistent link: https://www.econbiz.de/10014395829

Scaling up climate mitigation policy in Germany

Black, Simon; Chen, Ruo; Mineshima, Aiko; Mylonas, Victor; … - 2021

Persistent link: https://www.econbiz.de/10012796678

How do regulations of entry and credit access relate to industry competition? : international evidence

Igan, Deniz; Mirzaei, Ali; Moore, Tomoe - 2018

We examine the extent to which regulations of entry and credit access are related to competition using data on 28 manufacturing sectors across 64 countries. A robust finding is that bureaucratic and costly entry regulations tend to hamper competition, as proxied by the price-cost margin, in the...

Persistent link: https://www.econbiz.de/10011848240

E-commerce as a potential new engine for growth in Asia

Kinda, Tidiane - 2019

The use of e-commerce around the world has accelerated in recent years, with Asia, led by China, spearheading the rise …

Persistent link: https://www.econbiz.de/10012102077

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