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Comparing the employment-output elasticities of expatriates and nationals in the Gulf Cooperation Council
Behar, Alberto - 2015
We estimate the elasticity of private-sector employment to non-oil GDP in the Gulf Cooperation Council (GCC) for GCC nationals and expatriates using a Seemingly Unrelated Error Correction (SUREC) model. Our results indicate that the employment response is lower for nationals, who have an...
Persistent link: https://www.econbiz.de/10011373929
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Perfect storm : climate change and tourism
Cevik, Serhan; Ghazanchyan, Manuk - 2020
comprehensive adaptation policies to reduce vulnerabilities to climate change …
Persistent link: https://www.econbiz.de/10012392570
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Weather shocks and output in low-income countries : adaptation and the role of policies
Acevedo Mejia, Sebastian; Baccianti, Claudio; Mrkaic, Mico - 2019
We explore the extent to which macroeconomic policies, structural policies, and institutions can mitigate the negative relationship between temperature shocks and output in countries with warm climates. Empirical evidence and simulations of a dynamic general equilibrium model reveal that good...
Persistent link: https://www.econbiz.de/10012103566
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Long-term macroeconomic effects of climate change : a cross-country analysis
Kahn, Matthew E.; Mohaddes, Kamiar; Ng, Ryan N. C.; … - 2019
We study the long-term impact of climate change on economic activity across countries, using a stochastic growth model where labor productivity is affected by country-specific climate variables-defined as deviations of temperature and precipitation from their historical norms. Using a panel data...
Persistent link: https://www.econbiz.de/10012112126
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Demographics, pension systems and the saving-investment balance
Chai, Hua; Kim, Jun-il - 2018
This paper studies the effect of demographic change on national saving, global interest rates, and international capital flows, focusing on the role of the public pension system. We develop a small open economy overlapping generations model to illustrate the channels through which demographic...
Persistent link: https://www.econbiz.de/10011978553
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Trade uncertainty and investment in the euro area
Ebeke, Christian; Siminitz, Jesse - 2018
We analyze the impact of trade policy uncertainty on investment in the euro area. Our identification strategy assumes … that countries that are relatively more dependent on global trade networks exhibit a higher sensitivity of investment with … respect to trade uncertainty. We find that the investment-to-GDP ratio is on average 0.8 percentage points lower for five …
Persistent link: https://www.econbiz.de/10011978678
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Assessing DSGE models with capital accumulation and indeterminacy
Khramov, Vadim - 2012
Persistent link: https://www.econbiz.de/10009572356
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Determinants of corporate investment in China : evidence from cross-country firm level data
Geng, Nan; N'Diaye, Papa M'B. P. - 2012
Persistent link: https://www.econbiz.de/10009572374
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Does the business environment affect corporate investment in India?
Tokuoka, Kiichi - 2012
Since the global financial crisis, corporate investment has been weak in India. Sluggish corporate investment would not …, this paper analyzes the reasons for the slowdown and discusses how India can boost corporate investment, using both macro … investment but that they do not appear to account fully for recent weak performance, suggesting a key role of the bu …
Persistent link: https://www.econbiz.de/10009572430
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Commodity price volatility and the sources of growth
Cavalcanti, Tiago; Mohaddes, Kamiar; Raissi, Mehdi - 2012
Persistent link: https://www.econbiz.de/10009424700