Showing 1 - 10 of 12
The finding of Feldstein and Horioka (1980) that countriesf investment rates are highly correlated with their national saving rates has by now been confirmed by many subsequent studies, even though their inference that international capital mobility nust be low has not been as widely accepted....
Persistent link: https://www.econbiz.de/10012477026
We discuss recent empirical research on how globalization has affected income inequality in developing countries. We begin with a discussion of conceptual issues regarding the measurement of globalization and inequality. Next, we present empirical evidence on the evolution of globalization and...
Persistent link: https://www.econbiz.de/10012465771
We review the empirical evidence on the relationship between Trade Liberalization, Inequality, and Poverty based on the … analysis of micro data from several developing countries that underwent significant trade reforms in recent years. Despite many … studies' has established certain patterns that seem common across countries and trade liberalization episodes, and may hence …
Persistent link: https://www.econbiz.de/10012468100
We explore the relationship between greater exposure to trade (as measured by openness) and child labor in a cross … countries that trade more have less child labor. At the cross-country means, the data suggest an openness elasticity of child …. When we control for the endogeneity of trade and for cross-country income differences, the openness elasticity of child …
Persistent link: https://www.econbiz.de/10012468377
Although many developing countries have experienced growing income inequality and an increase in the relative demand for skilled workers during the 1980s, the sources of this trend remain a puzzle. This paper examines whether investment and adoption of skill-biased technology have contributed to...
Persistent link: https://www.econbiz.de/10012470897
This paper develops a new technique for measuring changes in the degree of capital mobility confronting a developing country that has restrictions on capital flows and official ceilings on domestic interest rates. Because such official controls rule out the use of traditional interest rate...
Persistent link: https://www.econbiz.de/10012472565
In this paper I argue that the international debt crisis of 1982 can best be understood as a prolonged negotiation between commercial banks and their own governments over who would bear the economic losses generated by loans made to developing countries. This interpretation of the debt crisis is...
Persistent link: https://www.econbiz.de/10012473936
emerging markets. This suggests that what appears to be a diversification of portfolios of residents of developed countries may …
Persistent link: https://www.econbiz.de/10012474127
This empirical study finds that while debt reduction and policy reforms in debtor countries have been important determinants of renewed access to international capital markets, changes in international interest rates have been the dominant factor. We calculate the effects of changes in...
Persistent link: https://www.econbiz.de/10012474128
also discusses perceptions about international trade in over 40 countries at different levels of development, including …This paper assesses the current state of evidence on how international trade shapes inequality and poverty through its … perceptions on trade's overall benefits for the economy, trade's effect on the livelihood of workers through wages and jobs, and …
Persistent link: https://www.econbiz.de/10012453835