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
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
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
This paper investigates the impact of changes in earnings disregards for welfare assistance received by single mothers following welfare reform in 1996. Some states adopted much higher earnings disregards (women could work full time and still receive welfare), while other states did not. We...
Persistent link: https://www.econbiz.de/10012771801
Childhood lead exposure can lead to psychological deficits that are strongly associated with aggressive and criminal behavior. In the late 1970s in the United States, lead was removed from gasoline under the Clean Air Act. Using the sharp state-specific reductions in lead exposure resulting from...
Persistent link: https://www.econbiz.de/10012773558
This paper considers the evidence on the effectiveness and limitations of randomized controlled trials in economics. I revisit my previous paper quot;Randomization and Social Policy Evaluationquot; and update its message. I present a brief history of randomization in economics and identify two...
Persistent link: https://www.econbiz.de/10012776708
Governments in emerging markets often behave like a quot;tormented insurer,quot; trying to use non-state-contingent debt instruments to avoid cuts in payments to private agents despite large fluctuations in public revenues. In the data, average public debt-GDP ratios decline as the variability...
Persistent link: https://www.econbiz.de/10012778262