Showing 1 - 10 of 76
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 presents ex post decomposition analysis of wage inequality change using multi-sector general equilibrium models. The analytical structure used is a specific- factors model of trade, which we calibrate to UK data for the two years 1979 and 1975. We first calibrate our general...
Persistent link: https://www.econbiz.de/10012469526
Existing literature assessing the impacts of transfers on low income households assumes that transfer program participants benefit by the full amount of cash transfers received. We argue that because tax-back arrangements accompany such transfer programmes, and endogenous participantion...
Persistent link: https://www.econbiz.de/10012472531
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
This paper explores the potential impacts on both China and other major countries of possible mega trade deals. These include the Trans-Pacific Partnership (TPP), the Regional Comprehensive Economic Partnership (RCEP), and various blocked deals. We use a numerical 13-country global general...
Persistent link: https://www.econbiz.de/10012458242
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