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globalization. It then uses simple graphical tools to address, in a general way, several questions that appear relevant from western …
Persistent link: https://www.econbiz.de/10010294567
A distinctive feature of the present wave of economic globalization is that the principle of world-wide arbitrage is …
Persistent link: https://www.econbiz.de/10010294605
This paper evaluates the impact of globalization on tax bases of countries at varying stages of development. We see … globalization as a process that induces countries to embrace greater trade and financial integration. This in turn should shift …
Persistent link: https://www.econbiz.de/10010322726
Globalization has led to a vast flow of migration of workers but also of students. The purpose of this paper is to …
Persistent link: https://www.econbiz.de/10010336067
prices in Germany, France, Italy, Sweden, and the United Kingdom. In a panel covering 110 (4-digit) NACE industries from 1995 …
Persistent link: https://www.econbiz.de/10011430088
To examine the impact of globalization on managerial compensation, we consider a matching model where a number of firms … compete both in the product market and in the managerial market. We show that globalization, i.e. the simultaneous integration …
Persistent link: https://www.econbiz.de/10010315582
This paper evaluates the impact of globalization on the tax bases of countries at varying stages of development. We see … globalization as a process that induces countries to embrace greater trade and financial integration, and macro stabilization. This …" taxes. We confirm the robustness of the main results to IV methodology, where trade globalization is inferred from applying …
Persistent link: https://www.econbiz.de/10010285297
Cultural and institutional differences among nations may result in differences in the ratios of marginal costs of goods in autarchy and thus be the basis of specialization and comparative advantage, as long as these differences are not eliminated by trade. We provide an evolutionary model of...
Persistent link: https://www.econbiz.de/10010287852
During Europe's sovereign-debt crisis, interest rate spreads have been highly correlated with the share of multilateral loans that were considered senior to private markets. As both variables are potentially endogenous, we follow two different approaches to analyze the direction of causality....
Persistent link: https://www.econbiz.de/10011622140
Das Papier analysiert die EU-Richtlinie zum vorinsolvenzlichen Verfahren (2016/0359 (COD)) vor dem Hintergrund der anhaltend lockeren Geldpolitik aus ordnungspolitischer Perspektive. Es wird gezeigt, dass die Voraussetzungen geschaffen werden, durch strategische Kreditvergabe an Unternehmen im...
Persistent link: https://www.econbiz.de/10011883569