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entrants and returnees from non-employment. We then investigate if rising trade with China and Eastern Europe causally affected …
Persistent link: https://www.econbiz.de/10012965020
This paper examines the linkages between the trade of goods and financial assets. Do both flows behave as complements (implying a positive correlation) or as substitutes (negative correlation)? Although a classic topic in international macroeconomics, the empirical evidence has remained...
Persistent link: https://www.econbiz.de/10012863793
Two large but separate bodies of literature analyze the economic effects of international trade and immigration. Given that several factors are important determinants of both trade and migration flows, the previous studies are vulnerable to a potentially serious omitted-variables bias,...
Persistent link: https://www.econbiz.de/10013127335
This paper provides a different basis than previous analyses for regional bloc formation and regional migration. Due to low bargaining power and fixed costs, small states face a severe disadvantage in negotiations with the rest of the world and might benefit by forming a regional bloc. The study...
Persistent link: https://www.econbiz.de/10013141777
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
model incorporating England's and China's distinct pre-modern risk-sharing institutions. The model predicts a transition in … England and not China even with equal levels of risk sharing. Under the clan-based Chinese institution, the relatively risk …
Persistent link: https://www.econbiz.de/10013127725
existing studies, we analyze the sources and causes of China's high and rising saving rates in the government, corporate, and … household sectors. Although the causes of China's high saving are complex, we suggest that the evolving economic, demographic …
Persistent link: https://www.econbiz.de/10013130462
Harmonised microdata show a Gini coefficient for per capita total income of 45.3 percent in China 2002 and 33.6 percent … urban areas in China are important reasons for this cross-country difference in inequality. Wage is a more non …-equalising income source in China than in Russia. While Russian public transfers reduce income inequality, Chinese public transfers …
Persistent link: https://www.econbiz.de/10013134822
This paper assesses the applicability of two alternative theories in understanding labor market developments in China … validate the arrival of the Lewis turning point in China, showing continuous and coordinated wage growth across rural and urban … markets in China …
Persistent link: https://www.econbiz.de/10013134983
China's household saving rate has increased markedly since the mid-1990s and the age-saving profile has become U … households, respectively, to raise their saving rates. These two factors account for over half of the increase in China's urban …
Persistent link: https://www.econbiz.de/10013135632