Showing 11 - 20 of 77
Towards the end of 2009, the world economy was recovering from its deepest recession since the end of World War II …. Most countries around the world took resort to fiscal policy in order to foster this recovery. In this paper, we first …
Persistent link: https://www.econbiz.de/10008729237
Persistent link: https://www.econbiz.de/10003348671
multilateral resistance as suggested in Baier and Bergstrand (2007). First of all, we find that the missing globalization puzzle … price resistance alone can provide some evidence against the missing globalization puzzle. At the same time, the results … globalization puzzle ; distance coefficient ; multilateral resistance …
Persistent link: https://www.econbiz.de/10003768982
Unionists and politicians frequently claim that globalization lowers employment protection of workers. This paper tests … globalization and two labor market segments. While overall globalization is shown to loosen protection of the regularly employed, it … economy arguments as explanations for these differential effects. -- Globalization ; international trade ; integration …
Persistent link: https://www.econbiz.de/10003919421
The relevance of services FDI strongly increased over the last two decades. As goods and services differ with respect to important characteristics, one may expect that the determinants of internationalisation are not identical in manufacturing and the service sector. However, there is...
Persistent link: https://www.econbiz.de/10010213016
For a number of OECD countries, the deterioration of labour market outcomes for less-skilled workers since the early 1980's has coincided with a steady decline in union membership. Globalisation is commonly believed to have contributed to both developments. However, recent studies fail to find...
Persistent link: https://www.econbiz.de/10003289315
There has been no shortage of theories which purport to explain why globalisation may have, adverse, insignificant or even beneficial effects on income and earnings inequality. Surprisingly, the empirical realities remain an almost complete mystery. In this paper we use data on industrial wage...
Persistent link: https://www.econbiz.de/10003348663
Using a panel fixed effects model for a sample of 121 countries covering 1975 -2005, we examine how financial development, financial liberalization and banking crises are related to income inequality. In contrast with most previous work, our results suggest that all finance variables increase...
Persistent link: https://www.econbiz.de/10011537295
We contribute to the existing research about policy-induced technology adoption in several ways. First, we suggest a new survey design to measure the energy-related policy environment. Second, we simultaneously estimate the policy effects for the adoption propensity and the adoption intensity...
Persistent link: https://www.econbiz.de/10011537314
This paper presents a coincident and a leading composite monthly indicator for the world business cycle - the Global … Economic Barometers. Both target the world’s output growth rate cycle. The calculation of these indicators comprises two main …
Persistent link: https://www.econbiz.de/10012170717