We argue that modeling trade imbalances is crucial to understanding transitional dynamics in response to globalization …

implication of the theory is that globalization forces could induce monetary authorities, to put a greater emphasis on reducing …

post too much through lobbying by corporate insiders. With financial globalization, national disclosure laws can have wide …

In this paper I analyze the role of openness and globalization in Latin America's economic development. The paper is …

Two prominent features of globalization in recent decades are the remarkable increase in trade and in migratory flows …

It has recently become popular to argue that globalization has had or will soon have dramatic consequences for the … banks. In this paper, I consider three possible mechanisms through which it might be feared that globalization can undermine … that globalization, even of a much more thorough sort than has yet occurred, is unlikely to weaken the ability of national …

The paper provides a unified analysis of globalization effects on the Phillips curve and monetary policy, in a New … inflation and activity. If policy makers are guided by the welfare criterion of the representative household, globalization …