Showing 1 - 10 of 37
Most dynamic trade models assume steady state or balanced growth. This paper argues while this can be done in a single region model or a model without trade, the steady state assumption is problematic in a multi-regional setting with trade interactions. This paper shows the consequences of...
Persistent link: https://www.econbiz.de/10010330104
Climate change affects the physical and biological system in many regions of the world. The extent to which human … disaggregated framework to analyze adaptation to climate change in different regions of the world. It turns out that vulnerability …
Persistent link: https://www.econbiz.de/10010265498
The globalization of capital and product markets has many implications for economic welfare. Countries can specialize …, one potentially adverse effect of globalization is the possibility that business cycle volatility might increase. Rapid …
Persistent link: https://www.econbiz.de/10010260496
This paper discusses whether the integration of international financial markets affects business cycle fluctuations. In the framework of a new open economy macro-model, we show that the link between financial openness and business cycle volatility depends on the nature of the underlying shock....
Persistent link: https://www.econbiz.de/10010260514
It is for good reasons that economic policymakers have rejected demands by globalization sceptics to fundamentally …
Persistent link: https://www.econbiz.de/10010265519
There is a startling gap between, allegedly, globalization-induced changes in international competition for foreign … its relevance well before globalization became a hotly debated issue. …
Persistent link: https://www.econbiz.de/10010265533
Der Beitrag analysiert die internationalen Produktionsverlagerungen und Investitionsverflechtungen in der Automobilindustrie, um die These zu überprüfen, dass es selbst bei der Herstellung relativ wissensund technologieintensiver Güter zu einem nachdrängenden Wettbewerb aus Ländern mit...
Persistent link: https://www.econbiz.de/10010265463
measured by the World Bank's Country Policy and Institutional Assessment (CPIA). If the CPIA is replaced by the Kaufmann index …
Persistent link: https://www.econbiz.de/10010273156
During the last two decades, the degree of openness of national financial systems has increased substantially. At the same time, asymmetries in information and other financial market frictions have remain prevalent. We study both empirically and theoretically the implications of the opening up...
Persistent link: https://www.econbiz.de/10010260621
The claim of globalization critics that the income gap to industrial countries is bound to widen for essentially all … developing countries as a consequence of economic globalization is in conflict with empirical evidence. Economic performance … and foreign indebtedness which may explain the varying experience with globalization in regard to per capita income growth …
Persistent link: https://www.econbiz.de/10010265520