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Fiscal Multipliers and the Labour Market in the Open Economy

Faia, Ester - 2010

Several contributions have recently assessed the size of fiscal multipliers both in RBC models and New Keynesian models. None of the studies considers a model with frictional labour markets which is a crucial element, particularly at times in which much of the fiscal stimulus has been directed...

Persistent link: https://www.econbiz.de/10013146168

The Social Multiplier and Labour Market Participation of Mothers

Maurin, Eric; Moschion, Julie - 2021

A mother's decision to participate in the labour market is correlated with those of the other mothers living in the same neighbourhood. This paper studies the extent to which this is causal. An identification problem exists because mothers with similar characteristics are often observed living...

Persistent link: https://www.econbiz.de/10013317281

Regional Consumption Responses and the Aggregate Fiscal Multiplier

Dupor, Bill; Karabarbounis, Marios; Kudlyak, Marianna; … - 2022

responses to an aggregate fiscal multiplier using a multi-region, New Keynesian model with heterogeneous agents, incomplete … markets, and trade linkages. Our model is consistent with the estimated positive local multiplier, a result that distinguishes … multiplier is twice as large as the local multiplier because trade linkages propagate the effect of government spending across …

Persistent link: https://www.econbiz.de/10014083720

Peer Effects in Networks : A Survey

Bramoulle, Yann - 2020

We survey the recent, fast-growing literature on peer effects in networks. An important recurring theme is that the causal identification of peer effects depends on the structure of the network itself. In the absence of correlated effects, the reflection problem is generally solved by network...

Persistent link: https://www.econbiz.de/10012842040

Does Foreign Entry Spur Innovation?

Gorodnichenko, Yuriy - 2015

Our estimates, based on large firm-level and industry-level data sets from eighteen countries, suggest that FDI and trade have strong positive spillover effects on product and technology innovation by domestic firms in emerging markets. The FDI effect is more pronounced for firms from advanced...

Persistent link: https://www.econbiz.de/10013016240

How Deep is Your Love? A Quantitative Spatial Analysis of the Transatlantic Trade Partnership

Krebs, Oliver - 2015

This paper explores the quantitative consequences of transatlantic trade liberalization envisioned in a Transatlantic Trade and Investment Partnership (TTIP) between the United States and the European Union. Our key innovation is to develop a new quantitative spatial trade model and to use an...

Persistent link: https://www.econbiz.de/10013023010

Competitiveness at the Country-Sector Level : New Measures Based on Global Value Chains

Marczak, Martyna - 2018

We propose the so-called domestic "embodied unit labor costs" (EULC) at the country-sector level as a new cost-related basis for measures of international competitiveness. EULC take into account that a sector's labor costs constitute only a small share of its total cost which to a large extent...

Persistent link: https://www.econbiz.de/10012919512

Estimating Production Functions in Differentiated-Product Industries with Quantity Information and External Instruments

de Roux, Nicolás; Eslava, Marcela; Franco, Santiago; … - 2021

This paper develops a new method for estimating production-function parameters that can be applied in differentiated-product industries with endogenous quality and variety choice. We take advantage of data on physical quantities of outputs and inputs from the Colombian manufacturing survey,...

Persistent link: https://www.econbiz.de/10013251551

Regional Differences in Intersectoral Linkages and Diverse Patterns of Structural Transformation

Paul, Saumik; Raju, Dhushyanth - 2022

Intersectoral linkages can act as shock propagation channels and shape the pattern of structural transformation. To our knowledge, no research has examined how subnational differences in intersectoral linkages impact such spillover effects. We hypothesize that regional differences in local...

Persistent link: https://www.econbiz.de/10014079410

Occupational Mobility of Immigrants in a Low Skilled Economy : The Spanish Case

Simon, Hipolito - 2011

We analyze the occupational mobility of immigrants between their origin countries and Spain and its determinants. We …, immigrants experience a strong occupational downgrading in Spain when compared to their origin countries. This fact is due to the …

Persistent link: https://www.econbiz.de/10013127919

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