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Much Ado About Nothing : American Jobs and the Rise of Service Outsourcing to China and India

Liu, Runjuan - 2013

We examine the impact on U.S. labor markets of offshore outsourcing in services to China and India. We also consider … China and India. Using March-to-March matched CPS data for 1996-2006 we examine the impacts on (1) occupation and industry … experienced during 1996-2005 in business, professional and technical services i.e., in segments where China and India have been …

Persistent link: https://www.econbiz.de/10012753588

Uncertain Outcomes and Climate Change Policy

Pindyck, Robert S. - 2010

Focusing on tail effects, I incorporate distributions for temperature change and its economic impact in an analysis of climate change policy. I estimate the fraction of consumption w*(tau) that society would be willing to sacrifice to ensure that any increase in temperature at a future point is...

Persistent link: https://www.econbiz.de/10013151360

Global Rebalancing with Gravity : Measuring the Burden of Adjustment

Dekle, Robert - 2008

We use a forty-two country model of production and trade to assess the implications of eliminating current account imbalances for relative wages, relative GDP's, real wages, and real absorption. How much relative GDP's need to change depends on flexibility of two forms: factor mobility and the...

Persistent link: https://www.econbiz.de/10012772425

Are Chinese Growth and Inflation Too Smooth? Evidence from Engel Curves

Nakamura, Emi - 2014

China has experienced remarkably stable growth and inflation in recent years according to official statistics. We construct alternative estimates using detailed information on Chinese household purchasing patterns. As households become richer, a smaller fraction of total expenditures are spent...

Persistent link: https://www.econbiz.de/10013059084

Relaxing Migration Constraints for Rural Households

Kinnan, Cynthia - 2015

This paper exploits two unique features of China's history to study the effects of access to internal migration: reforms to the household registration (hukou) system, and historical migration flows. We show that temporary migration due to a government policy called the “sent-down youth”...

Persistent link: https://www.econbiz.de/10013019871

The Morbidity Cost of Air Pollution : Evidence from Consumer Spending in China

Barwick, Panle Jia - 2018

Developing and fast-growing economies have some of the worse air pollution in the world, but there is a lack of systematic evidence on the health especially morbidity impact of air pollution in these countries. Based on the universe of credit and debit card transactions in China from 2013 to...

Persistent link: https://www.econbiz.de/10012916897

Consumption Growth Parallels Income Growth : Some New Evidence

Carroll, Christopher D.; Summers, Lawrence H. - 2021

This paper argues that the versions of both permanent income and life-cycle theories which have recently become fashionable are inconsistent with the grossest features of cross-country and cross-section data on consumption and income. There is clear evidence that consumption and income growth...

Persistent link: https://www.econbiz.de/10013223859

Growth Volatility and Financial Liberalization

Bekaert, Geert - 2012

We examine the effects of both equity market liberalization and capital account openness on real consumption growth variability. We show that financial liberalization is mostly associated with lower consumption growth volatility. Our results are robust, surviving controls for business-cycle...

Persistent link: https://www.econbiz.de/10012755765

When is Debt Odious? A Theory of Repression and Growth Traps

Acharya, Viral V.; Rajan, Raghuram G.; Shim, Jack - 2021

How is a developing country affected by its odious government’s ability to borrow in international markets? We examine the dynamics of a country’s growth, consumption, and sovereign debt, assuming that the government is myopic and wants to maximize short-term, socially unproductive,...

Persistent link: https://www.econbiz.de/10013315312

"Quick Response" Economic Stimulus : The Effect of Small-Value Digital Coupons on Spending

Xing, Jianwei; Zou, Eric; Yin, Zhentao; Wang, Yong - 2022

We study a new consumption stimulus model that leverages mobile payment platforms to dispense massive amounts of small-value, use-it-this-week-or-lose-it digital coupons. We evaluate the effects of one such program in a large Chinese city using novel data of mobile platform transactions of 1...

Persistent link: https://www.econbiz.de/10014094970