What is the role of transport improvements in globalization? We argue that the nineteenth century is the ideal testing …

The paper argues that many of the exaggerated claims that globalization has been an important factor in lowering … inflation in recent years just do not hold up. Globalization does, however, have the potential to be stabilizing for individual … globalization on the monetary transmission mechanism and arrives at the following answers: (1) Has globalization led to a decline in …

-run income loss or gain for countries that experienced crises. This is in contrast to the recent wave of globalization when …

in approximately 4000 markets per country. We then move from groundnuts to globalization by building an exact TFP index …

This lecture examines whether financial globalization is beneficial to developing countries by first examining the … to examine whether globalization, particularly of the financial kind, can help encourage financial and economic … development and argues that it can. However, financial globalization does not always work to encourage economic development …

globalization of the world's labor markets. We find that when people can choose between wage work and managerial work, the output …

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