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Rising skill premium in two countries can be explained simply by the Heckscher-Ohlin model assuming a “skill intensity reversal.” This assumption, however, poses an empirical challenge since past research has found little evidence for the so-called “factor intensity reversal.” We now...
Persistent link: https://www.econbiz.de/10005789460
Recent studies have indicated that the terms 'NAIRU' (non-accelerating inflation rate of unemployment) and 'natural rate of unemployment' are not interchangeable. While NAIRU is an empirical macroeconomic relationship estimated via a Phillips curve, the natural rate is an equilibrium condition...
Persistent link: https://www.econbiz.de/10005835658
initiatives put forward over the past year by China and others to begin a serious discussion of reforming the international …
Persistent link: https://www.econbiz.de/10008567957
The paper empirically analyzes stock market integration and the benefit possibilities of international portfolio … there are evidences of cointegration among them. However, the potential benefits of international portfolio diversification …
Persistent link: https://www.econbiz.de/10011257815
adopting an independent standard setting, the International Accounting Standards Board's second principle is aimed at … international standards from 2005 in consolidated financial statements ( EC Regulation 1606/2002) and huge efforts are now being …
Persistent link: https://www.econbiz.de/10005789575
only local but international policymakers and scholars to overcome these disparities and to really make it a value …
Persistent link: https://www.econbiz.de/10005789699
This study is a first attempt to clarify major trends and factors of changes in production and productivity in Post-Second World War Bulgarian agriculture. It incorporates an interdisciplinary approach and specifies crucial institutional, economic, organizational, technological etc. factors...
Persistent link: https://www.econbiz.de/10005790244
studying the relationship between international terms of trade and domestic income distributions of the exporting countries … the transmission of the growth from the North to the South through international markets, both through trade and through … all favorable to the growth of the South, which is central to much thinking about the New International Economy Order. I …
Persistent link: https://www.econbiz.de/10005835749
implications for Treasury security interest rates, international portfolio allocations, net international income flows, and the U ….S. net international debt position, using a baseline outlook of current and projected U.S. budget deficits and growing debt … “crowding out” in the international portfolio; and how and whether world portfolio allocations would adjust to accommodate …
Persistent link: https://www.econbiz.de/10008534545
The U.S recession of 2007 to 2009 is unique in the post-World-War-II experience by the broad company it kept. Activity contracted around the world, with the advanced countries of the North experiencing declines in spending normally the purview of the developing economies of the South. The last...
Persistent link: https://www.econbiz.de/10008577646