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Aspects of Global Economic Intergration : Outlook for the Future

Feldstein, Martin - 2000

This paper comments on five aspects of globalization: (1) the gains from international flows of goods and capital; (2 …

Persistent link: https://www.econbiz.de/10012470838

Energy Markets and Global Economic Conditions

Baumeister, Christiane - 2020

usefulness for forecasting real oil prices and global petroleum consumption. We find that world industrial production is one of …

Persistent link: https://www.econbiz.de/10012481958

Riding the Wave of Trade : Explaining the Rise of Labor Regulation in the Golden Age of Globalization

Huberman, Michael - 2009

labor regulation of partners because intraindustry trade was important. The New World exported less differentiated products …

Persistent link: https://www.econbiz.de/10012463276

Dynamic Prediction Pools : An Investigation of Financial Frictions and Forecasting Performance

Del Negro, Marco - 2014

We provide a novel methodology for estimating time-varying weights in linear prediction pools, which we call Dynamic Pools, and use it to investigate the relative forecasting performance of DSGE models with and without financial frictions for output growth and inflation from 1992 to 2011. We...

Persistent link: https://www.econbiz.de/10012458090

Is Newer Better? Penn World Table Revisions and Their Impact on Growth Estimates

Johnson, Simon - 2009

This paper sheds light on two problems in the Penn World Table (PWT) GDP estimates. First, we show that these estimates …

Persistent link: https://www.econbiz.de/10012463194

Dynamic Globalization and Its Potentially Alarming Prospects for Low-Wage Workers

Fehr, Hans - 2008

The model predicts a near doubling of the ratio of high- to low-skilled wages over the century. Increasing wage inequality arises from a traditional source -- a rising worldwide relative supply of unskilled labor, reflecting Chinese and Indian productivity improvements. But China's and India's...

Persistent link: https://www.econbiz.de/10012464120

Global Supply Chains : The Looming "Great Reallocation"

Alfaro, Laura; Chor, Davin - National Bureau of Economic Research - 2023

Global supply chains have come under unprecedented stress as a result of US-China trade tensions, the Covid-19 pandemic, and geopolitical shocks. We document shifts in the pattern of US participation in global value chains over the last four decades, in terms of partner countries, products, and...

Persistent link: https://www.econbiz.de/10014372418

Fooling Ourselves : Evaluating the Globalization and Growth Debate

Hallak, Juan Carlos - 2004

This paper evaluates how much of the economics profession has evaluated the evidence on the relationship between international trade and economic growth. The paper highlights the basic approaches to the trade and growth question that the literature has adopted. The case is made that more...

Persistent link: https://www.econbiz.de/10012468449

Trade Wars : The Exaggerated Impact of Trade in Economic Debate

Freeman, Richard B. - 2003

The rules governing trade and capital flows have been at the center of controversy as globalization has proceeded. One …, IMF, and World Bank meetings demanding global labor standards. Comparing the claims made in this debate with the outcomes … market. Changes in trade policy have had modest impacts on labour market. Other aspects of globalization -- immigration …

Persistent link: https://www.econbiz.de/10012468655

Globalization and Dirty Industries : Do Pollution Havens Matter?

Grether, Jean-Marie - 2003

This paper reviews arguments and evidence on the impact of globalization on the environment, then presents evidence on …

Persistent link: https://www.econbiz.de/10012468920