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globalization hurt sectors where jobs are routinizable but helped others that require specialized skills. High-skilled professionals … share owing to globalization and the erosion of labor market safety nets …
Persistent link: https://www.econbiz.de/10012009975
, India and the former Eastern bloc into the world trading system, the removal of restrictions on trade and capital flows, and … globalization, technological progress, and labor market policies to the decline in the labor share. The results, obtained for 18 … advanced countries over 1982- 2002, suggest that globalization was only one of several factors that have affected the labor …
Persistent link: https://www.econbiz.de/10014401060
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
This paper examines the macroeconomic interaction between informality and gender inequality in the labor market. A dynamic stochastic general equilibrium model is built to study the impact of gender-targeted policies on female labor force participation, female formal employment, gender wage gap,...
Persistent link: https://www.econbiz.de/10011436767
This paper reviews the literature on the informal economy, focusing first on empirical findings and then on existing approaches to modeling informality within both partial and general equilibrium environments. We concentrate on labour and credit markets, since these tend to be most affected by...
Persistent link: https://www.econbiz.de/10014402686
Persistent link: https://www.econbiz.de/10009488694
India embarked on reintegration with the world economy in the early 1990s. At first, a certain limited opening took …
Persistent link: https://www.econbiz.de/10014403094
The question of how India should adapt monetary policy to ongoing financial globalization has gained prominence with … countries that have adapted to financial globalization, drawing lessons for India. While we find no strong relationship between … the recent surge in capital inflows. This paper documents the degree to which India has become financially globalized …
Persistent link: https://www.econbiz.de/10014401391
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
Using a database of up to 62 variables for 196 countries over 57 years, a hyperinflation cycle has been characterized to propose a broader setting of stylized facts. Beyond the usual facts, the findings in this paper contribute to the literature of modern hyperinflations in that these cycles...
Persistent link: https://www.econbiz.de/10011978555