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Trade and inclusive growth
Bacchetta, Marc; Cerra, Valerie; Piermartini, Roberta; … - 2021
This paper surveys the literature on the relationship between international trade and inclusive growth. It examines claims that the rise in inequality in many countries can be attributed to the concurrent rise in trade competition, especially from EMEs like China, spurring trade tensions and...
Persistent link: https://www.econbiz.de/10012518909
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Inequality in the Spanish labor market during the COVID-19 crisis
Lariau, Ana; Liu, Lucy Qian - 2022
We analyze the differential impact of the COVID-19 crisis on the Spanish labor market across population groups, as well as its implications for income inequality. The main finding is that young, less educated, and low skilled workers, as well as women are the most affected by the COVID-19 shock...
Persistent link: https://www.econbiz.de/10013170558
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Income inequality in small states and the Caribbean : stylized facts and determinants
McIntyre, Meredith A.; Bejar, Pablo; Komatsuzaki, Takuji; … - 2021
Rising income inequality has emerged as a major policy issue facing policymakers, but there is a dearth of empirical work on inequality in small states, including the Caribbean. Despite data limitations, the empirical analysis using a sample of small states finds that increased openness and...
Persistent link: https://www.econbiz.de/10012518290
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Trade, jobs, and inequality
Beaton, Kimberly; Cerra, Valerie; Hadzi-Vaskov, Metodij - 2021
This paper examines the impact of trade on employment, wages, and other outcomes across countries and explores the conditions and policies that help spread the gains from trade more evenly throughout the population. We exploit a large global firm-level dataset to examine the impact of import...
Persistent link: https://www.econbiz.de/10012605685
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Financial globalization and inequality : capital flows as a two-edged sword
Eichengreen, Barry; Csonto, Balazs; ElGanainy, Asmaa Adel; … - 2021
Persistent link: https://www.econbiz.de/10012487207
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The distribution of gains from globalization
Lang, Valentin; Mendes Tavares, Marina - 2018
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/10011848124
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Globalization and Income Inequality : A European Perspective
Harjes, Thomas - 2007
There is growing concern in Europe over the impact of globalization on high and evenly shared living standards. These …
Persistent link: https://www.econbiz.de/10014403015
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Okun's Law, development, and demographics : differences in the cyclical sensitivities of unemployment across economy and worker groups
An, Zidong; Bluedorn, John Christopher; Ciminelli, Gabriele - 2021
The negative and stable relationship between an economy's aggregate demand conditions and overall unemployment is well …-documented. We show that there is a large degree of heterogeneity in the cyclical sensitivities of unemployment across worker and … economy groups. First, unemployment is more than twice as sensitive to aggregate demand in advanced as in emerging market and …
Persistent link: https://www.econbiz.de/10012796190
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Labor market reform options to boost employment in South Africa
Duval, Romain; Ji, Yi; Shibata, Ippei - 2021
Raising South Africa's low employment rate to levels seen in emerging market or advanced economy peers could raise GDP per capita by 50 to 60 percent and reduce income inequality dramatically in the long term. By putting further strain on an already fragile labor market, Covid-19 has raised the...
Persistent link: https://www.econbiz.de/10012612327
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Recoveries after pandemics : the role of policies and structural features
Cuesta Aguirre, Juan Pablo; Ahmed Hannan, Swarnali - 2021
detrimental medium-term effects on output, unemployment, poverty, and inequality. However, policies can go a long way toward … relatively greater fiscal support. The increases in unemployment, poverty, and inequality are likewise lower for countries with …
Persistent link: https://www.econbiz.de/10012605652