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Migration, International Trade and Capital Formation : Cause or Effect?
Felbermayr, Gabriel J. - 2012
the effects of migration on the accumulation of both knowledge and human capital, by invoking endogenous growth theory …
Persistent link: https://www.econbiz.de/10013098128
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The (Hidden) Financial Flows of Terrorist and Organized Crime Organizations : A Literature Review and Some Preliminary Empirical Results
Schneider, Friedrich - 2010
The financial means of international terror and organized crime organizations are analysed. First, some short remarks about the organization of international terror organizations are made. Second and in a much more detailed way a literature review is provided about the financing of terrorist and...
Persistent link: https://www.econbiz.de/10013145188
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Capital Account Policies, IMF Programs and Growth in Developing Regions
Bicaba, Zorobabel - 2015
This paper develops an adaptive learning model under uncertainty that examines evolution of capital account polices over time and across developing regions. In the framework, countries' past experiences and IMF programs influence policymakers' beliefs about the impact of capital account...
Persistent link: https://www.econbiz.de/10013029623
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Does Openness to International Financial Flows Contribute to Productivity Growth?
Kose, M. Ayhan; Prasad, Eswar S.; Terrones, Marco E. - 2021
Economic theory has identified a number of channels through which openness to international financial flows could raise …
Persistent link: https://www.econbiz.de/10013325040
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Accounting for Imputed and Capital Income Flows in Income Inequality Analyses
Frick, Joachim R. - 2009
consideration of all components of private investment income for the purpose of welfare analysis, be they of a monetary or non …, regions, welfare regimes; (3) across the individual life course, thus analyzing the impact of investment income on …
Persistent link: https://www.econbiz.de/10013153168
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Foreign Capital and Economic Growth
Prasad, Eswar S.; Rajan, Raghuram G.; Subramanian, Arvind - 2021
We document the recent phenomenon of uphill flows of capital from nonindustrial to industrial countries and analyze whether this pattern of capital flows has hurt growth in nonindustrial economies that export capital. Surprisingly, we find that there is a positive correlation between current...
Persistent link: https://www.econbiz.de/10013316680
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Trade and Migration with Renewable Natural Resources : Out-of-Steady-State Dynamics
López, Ramón - 2010
Commodity price increases associated with the entry of China, India and other countries into the world economy has led …
Persistent link: https://www.econbiz.de/10013143683
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Brain Drain in Globalization : A General Equilibrium Analysis from the Sending Countries' Perspective
Marchiori, Luca - 2013
The paper assesses the global effects of brain drain on developing economies and quantifies the relative sizes of various static and dynamic impacts. By constructing a unified generic framework characterized by overlapping-generations dynamics and calibrated to real data, this study incorporates...
Persistent link: https://www.econbiz.de/10013095832
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Testing Mundell's Intuition of Endogenous OCA Theory
Warin, Thierry; Wunnava, Phani V.; Janicki, Hubert - 2021
This paper presents an empirical assessment of the endogenous optimum currency area theory. Frankel and Rose (1998 …'s model by using FDI flows to test the original theory developed by Mundell in 1973. A gravity model is used to empirically … investment within the European Union. A fixed effects model based on a panel data of foreign direct investment (FDI) flows within …
Persistent link: https://www.econbiz.de/10013324931
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Income Inequality and Saving
Alvarez-Cuadrado, Francisco - 2013
Over the last three decades, average income for the bottom half of the US distribution increased by 8% while their average saving rate decreased by eight percentage points. Over the same period the US experienced a substantial increase in inequality and a continuous decrease in the aggregate...
Persistent link: https://www.econbiz.de/10013088975