Showing 1 - 10 of 71
There are two contrasting views of pre-19th century trade and globalization. First, there are the world history … scholars like Andre Gunder Frank who attach globalization 'big bang' significance to the dates 1492 (Christopher Colombus …
Persistent link: https://www.econbiz.de/10012471370
This paper investigates the impact of stock markets and banks on economic growth using a panel data set for the period …
Persistent link: https://www.econbiz.de/10012469631
The endogenous growth literature has explored the transition from a Malthusian world where real wages, living standards and labor productivity are all linked to factor endowments, to one where (endogenous) productivity change embedded in modern industrial growth breaks that link. Recently,...
Persistent link: https://www.econbiz.de/10012465599
primary schooling and literacy revolution in Europe. Under what conditions would we expect the same responses to globalization … in today’s world? This paper argues that modern debates about inequality and schooling responses to globalization …
Persistent link: https://www.econbiz.de/10012466110
The world has seen two globalization booms over the past two centuries, and one bust. The first global century ended … globalization on commodity price structure, the causes of protection, the impact of world migration on poverty eradication, and the …
Persistent link: https://www.econbiz.de/10012469549
globalization has raised inequality between nations, but that it has had no clear effect on inequality within nations. This paper … argues that the likely impact of globalization on world inequality has been very different from what these simple … correlations suggest. Globalization probably mitigated rising inequality between participating nations. The nations that gained the …
Persistent link: https://www.econbiz.de/10012470496
The late 19th and the late 20th century shared more than simply globalization and convergence. Globalization also seems … Borjas and Wood think that globalization accounted for something like a third to a half of the rise in inequality in America … more than a half of the falling inequality in Europe. It also appears that the inequality trends which globalization …
Persistent link: https://www.econbiz.de/10012473368
Klaus Deininger and Lyn Squire have recently produced an inequality data base for a panel of countries from the 1960s … cohort size effect; the so-called Kuznets Curve or demand effects; and the commitment to globalization or policy effects. We …
Persistent link: https://www.econbiz.de/10012471565
This study combines the 2013 Federal Reserve Survey of Consumer Finances data and the Fiscal Analyzer, a highly detailed life-cycle consumption-smoothing program, to a) measure ultimate economic inequality - inequality in lifetime spending power - within cohorts, b) assess fiscal progressivity...
Persistent link: https://www.econbiz.de/10012456642
According to our simulation model, these policy changes would almost double the U.S. capital stock by the end of the century and raise long-run real wages by 19 percent compared to the base case alternative. They would also preclude a doubling of the highly regressive payroll tax. Indeed, the...
Persistent link: https://www.econbiz.de/10012466814