This paper analyzes data from a novel field experiment designed to test the impact of two different insurance products … simulated by a lottery. Risk-sharing is possible in solidarity groups of three and insurance is introduced via less risky … insurance if shocks are observable. Depending on insurance design, there is also evidence for persistence of this effect even if …

Globalization brings opportunities and pressures for domestic firms in emerging market economies to innovate and … globalization through the impact of increased competition and foreign direct investment on domestic firms' efforts to raise their … into account firm heterogeneity. We find support for the prediction that competition has a negative effect on innovation …

Migration is an unavoidable aspect of globalization. While full flexibility is politically unfeasible, the paper argues … for regulated openness. Migration in the age of globalization should be judged according to the labor market needs of the …

that labor mobility is unambiguously beneficial if private insurance for human capital investment is available. …

technological innovation also provides impetus to the progressive integration of the nations. The elements of globalization include …The process of globalization is an international economic order which has led to the progressive integration of the … economic benefits, globalization also indicates the flow of ideas, norms, information and peoples. There is a large …

context of globalization a term typically used to describe the phenomenon of growing international trade and financial …

recent decades as a result of increased globalization of knowledge, technologies and economies. In particular I look at the … development in a number area where similar trends are observed. The areas studied include globalization, in-sourcing and …

globalization (1985-2005), there has been some convergence of business cycle fluctuations among the group of industrial economies …