Showing 1 - 10 of 50
Continental trade blocs are emerging in many parts of the world almost in tandem. If trade blocs are required to … reduction of trade barriers against non-member countries. That may not be politically feasible. On the other hand, in a world of …
Persistent link: https://www.econbiz.de/10013225933
Openness to trade is one factor that has been identified as determining whether a country is prone to sudden stops in capital inflow, currency crashes, or severe recessions. Some believe that openness raises vulnerability to foreign shocks, while others believe that it makes adjustment to crises...
Persistent link: https://www.econbiz.de/10013311905
country – to China's catching up in global science to become a world leader in research publications and citations. Using a … networks that connect scientific discovery in China with the rest of the world. In co-authorship, diaspora researchers are over …This study examines the contribution of Chinese diaspora researchers – those born in China but working outside the …
Persistent link: https://www.econbiz.de/10014097447
During the last 150 years, shoe manufacturing in the U.S. has gone from one of the largest employers in manufacturing to one of the smallest, yet some firms have survived and remained profitable. This study examines the role of changing methods of compensation in shoe manufacturing, in a sector...
Persistent link: https://www.econbiz.de/10013223875
Many firms encourage employees to own company stock through share plans that subsidize the price at favorable rates, but even so many employees do not buy shares. Using a new survey of employees in a multinational with a share ownership plan, we find considerable variation in joining among...
Persistent link: https://www.econbiz.de/10013139127
The paper studies forecasts of real growth rates and budget balances made by official government agencies among 33 countries. In general, the forecasts are found: (i) to have a positive average bias, (ii) to be more biased in booms, (iii) to be even more biased at the 3-year horizon than at...
Persistent link: https://www.econbiz.de/10013122217
determinants of the shares of major currencies in the reserve holdings of the world's central banks. Significant factors include … euro might in the future rival or surpass the dollar as the world's leading international reserve currency appears to …
Persistent link: https://www.econbiz.de/10013105149
), across countries, one budget period at a time. Under the two-part plan: (i) China, India, and other developing countries …
Persistent link: https://www.econbiz.de/10013091941
The paper presents and estimates a model of the prices of oil and other storable commodities, a model that can be characterized as reflecting the carry trade. It focuses on speculative factors, here defined as the trade-off between interest rates on the one hand and market participants'...
Persistent link: https://www.econbiz.de/10013075796