Showing 1 - 10 of 912
Globalization, in the form of financial flows, which is always advantageous on an aggregative level, typically creates … winners and losers, if left exclusively to market forces. The effects of financial globalization on income inequality depends …-exporting case, financial globalization drives up return to savings and drives down wages. In the capital-importing case, financial …
Persistent link: https://www.econbiz.de/10012871939
Scholars emphasize that poverty in Britain has risen sharply since the late 1970s. Meanwhile in the United States, both official figures and traditional poverty scholars report sharp declines in poverty. We seek to provide a comparison of poverty levels in Britain and the US based on a set of...
Persistent link: https://www.econbiz.de/10013218801
globalization. Equality is a luxury good. Countries with more inequality, higher financial development, and trade deficits are more …
Persistent link: https://www.econbiz.de/10012912539
A common claim in debates about globalization is that economic integration increases worker insecurity. Although this …
Persistent link: https://www.econbiz.de/10013220072
that the growth and increasing globalization of these economies might indeed have been 'finance-led.' …
Persistent link: https://www.econbiz.de/10013210573
globalization along three dimensions: depth, breadth and persistence. We examine depth by studying whether a bank's preference for … country or nationalized banks from different countries, consistent with an impact on the breadth of globalization. Third, we … government interventions affect the depth and breadth of banking globalization, but may not persist after public interventions …
Persistent link: https://www.econbiz.de/10012998957
This paper estimates the long-term benefits from an influential early childhood program targeting disadvantaged families. The program was evaluated by random assignment and followed participants through their mid-30s. It has substantial beneficial impacts on health, children's future labor...
Persistent link: https://www.econbiz.de/10012966606
The past 25 years has seen substantial change in the social safety nets for families with children in the US and Canada. Both countries have moved away from cash welfare but the US has done so relying more exclusively on inwork benefits with work requirements. This paper examines this evolution...
Persistent link: https://www.econbiz.de/10012956927
We develop a dynamic political-economic theory of welfare state and immigration policies, featuring three distinct voting groups: skilled workers, unskilled workers, and old retirees. The essence of inter- and intra-generational redistribution of a typical welfare system is captured with a...
Persistent link: https://www.econbiz.de/10013031031
Progressively targeted cash transfers remain the dominant policy response to chronic poverty in developing countries. But are there alternative social protection policies that might have larger poverty impacts over time for the same public expenditure? To explore this question, this paper...
Persistent link: https://www.econbiz.de/10012981626