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Aggregate Savings and External Imbalances in China

Yang, Dennis Tao - 2012

Over the last decade, the internal and external macroeconomic imbalances in China have risen to unprecedented levels …. In 2008, China's national savings rate soared to over 53 percent of its GDP, whereas its current account surplus exceeded …, the accession of China to the World Trade Organization has dramatically amplified the effects of these structural …

Persistent link: https://www.econbiz.de/10013098458

China's High Saving Puzzle

Ma, Guonan - 2013

jointly contributed to the upsurge in aggregate savings in China in the past two decades. Government policies to rebalance the …

Persistent link: https://www.econbiz.de/10013086223

Cross-Country Connectedness in Inflation and Unemployment : Measurement and Macroeconomic Consequences

Binh Thai Pham; Sala, Hector - 2021

We bring the notion of connectedness (Diebold and Yilmaz, 2012) to a set of two critical macroeconomic variables as inflation and unemployment. We focus on the G7 economies plus Spain, and use monthly data –high-frequency data in a macro setting– to explore the extent and consequences of...

Persistent link: https://www.econbiz.de/10013236402

Transmission of US and EU Economic Policy Uncertainty Shock to Asian Economies in Bad and Good Times

Balcilar, Mehmet - 2020

This study empirically examines the fragility of five major Asian economies (China, Hong Kong, India, Japan, and South … asymmetric effect on macro variables of China, Hong Kong, and South Korea during the quantitative easing period (QE) and the …

Persistent link: https://www.econbiz.de/10012833241

Rent Taxation in a Small Open Economy:The Effect on Transitional Generations

Köthenbürger, Marko; Poutvaara, Panu - Forschungsinstitut zur Zukunft der Arbeit <Bonn> - 2007

We show that taxation of rents may yield an intergenerational Pareto-improvement in a smallopen economy provided tax revenues are earmarked to reduce wage taxes...

Persistent link: https://www.econbiz.de/10005863334

Is Secessionism Mostly About Income or Identity? A Global Analysis of 3,003 Subnational Regions

Desmet, Klaus; Ortuño-Ortín, Ignacio; Özak, Ömer - 2022

This paper analyzes whether the propensity to secede by subnational regions responds mostly to differences in income per capita or to distinct identities. We explore this question in a quantitative political economy model where people's willingness to finance a public good depends on their...

Persistent link: https://www.econbiz.de/10014076467

Electoral Effects of Integrating Forced Migrants : Evidence from a Southern Country

Rozo, Sandra V.; Quintana, Alejandra; Urbina, Maria - 2023

How does easing the economic integration of forced migrants affect native voting behaviors in the Global South? This paper assesses how the regularization of half a million Venezuelan forced migrants affected the electoral choices of Colombian natives by comparing election results in...

Persistent link: https://www.econbiz.de/10014356275

Remittances and the Brain Drain

Faini, Riccardo - 2008

In most destination countries, immigration policies are increasingly tilted toward the most skilled individuals. Whether this shift hurts economic prospects in sending countries, as argued by the traditional brain drain literature, is somewhat controversial. The most recent literature has...

Persistent link: https://www.econbiz.de/10012774098

The Social Preferences of the Native Inhabitants, and the Decision How Many Asylum Seekers to Admit

Stark, Oded - 2019

We consider a tax-funded policy of admitting and integrating asylum seekers in a country in which the incomes of the native inhabitants are differentiated; for the sake of simplicity, we assume that there are just two groups of native inhabitants: high-income natives and low-income natives. As a...

Persistent link: https://www.econbiz.de/10012858484

Rent Taxation in a Small Open Economy : The Effect on Transitional Generations

Köthenbürger, Marko - 2007

We show that taxation of rents may yield an intergenerational Pareto-improvement in a small open economy provided tax revenues are earmarked to reduce wage taxes. Previous literature has shown that rent taxation benefits current young and future generations, while we show that it also benefits...

Persistent link: https://www.econbiz.de/10012777882