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Why U.S. immigration matters for the global advancement of science
Agarwal, Ruchir; Ganguli, Ina; Gaulé, Patrick; Smith, Geoff - 2021
. First, among Nobel Prize winners and Fields Medalists, migrants to the U.S. play a central role in the global knowledge …-histories of International Math Olympiad (IMO) medalists, we show that migrants to the U.S. are up to six times more productive … than migrants to other countries-even after accounting for talent during one's teenage years. Third, financing costs are a …
Persistent link: https://www.econbiz.de/10012518315
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Measuring Misalignment : Purchasing Power Parity and East Asian Currencies in the 1990's
Chinn, Menzie David - 1999
The concept of purchasing power parity (PPP) is used to evaluate whether eight East Asian currencies were overvalued on the eve of the 1997 crises. The Johansen and Horvath-Watson cointegration test procedures are applied to bilateral and multilateral exchange rates, deflated using CPIs,...
Persistent link: https://www.econbiz.de/10014401020
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Did Output Recover From the Asian Crisis?
Cerra, Valerie - 2003
This paper investigates the extent to which output has recovered from the Asian crisis. A regime-switching approach that introduces two state variables is used to decompose recessions in a set of six Asian countries into permanent and transitory components. While growth recovered fairly quickly...
Persistent link: https://www.econbiz.de/10014404003
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Dynamic Capital Mobility in Pacific Basin Developing Countries : Estimation and Policy Implications
Faruqee, Hamid - 1991
experiences, with the exception of Singapore, have been more episodic--oscillating between periods of high and low financial …
Persistent link: https://www.econbiz.de/10014398038
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Saving Trends in Southeast Asia : A Cross-Country Analysis
Faruqee, Hamid - 1995
This paper investigates the long-run pattern of private saving in Indonesia, Malaysia, Singapore, and Thailand. These …
Persistent link: https://www.econbiz.de/10014398225
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Demographic Change in Asia : The Impacton Optimal National Saving, Investment, and the Current Account
McDonald, Ian - 2000
economies—Hong Kong SAR, Japan, Singapore, Malaysia, and the Philippines—for the period 1997–2050 using a simulation approach …
Persistent link: https://www.econbiz.de/10014399958
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Financial Liberalization and Money Demand in Asean Countries : Implications for Monetary Policy
Dekle, Robert - 1997
, Malaysia, Singapore, and Thailand since the early 1980s. The empirical results indicate continuing instability in the …
Persistent link: https://www.econbiz.de/10014403342
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Drivers of Spain's export performance and the role of labor market reforms
Salas, Jorge - 2018
Spain's export performance strengthened after the global financial crisis, and exports now represent more than a third of GDP. This paper argues that several factors contributed to that achievement: external demand, supported by greater diversification of destination markets; enhanced export...
Persistent link: https://www.econbiz.de/10011978685
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Labor market regulations in low-, middle- and high-income countries : a new panel database
Aleksynska, Mariya; Schindler, Martin - 2011
Persistent link: https://www.econbiz.de/10009424813
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Employment protection deregulation and labor shares in advanced economies
Ciminelli, Gabriele; Duval, Romain; Furceri, Davide - 2018
Labor market deregulation, intended to boost productivity and employment, is one plausible, yet little studied, driver of the decline in labor shares that took place across most advanced economies since the early 1990s. This paper assesses the impact of job protection deregulation in a sample of...
Persistent link: https://www.econbiz.de/10011905906