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extent to which this varies across workers of different human capital (education) levels. They use longitudinal income data … and income risk for workers of varying education levels. The authors' findings are as follows. The level of openness of an …
Persistent link: https://www.econbiz.de/10012747694
The world economy has experienced four global recessions over the past seven decades: in 1975, 1982, 1991, and 2009. During each of these episodes, annual real per capita global gross domestic product contracted, and this contraction was accompanied by weakening of other key indicators of global...
Persistent link: https://www.econbiz.de/10012840241
projections and scenario analysis. Such forecasting has become increasingly challenging, thanks to the rapid pace of globalization …-house researchers and global experts who work on state-of-the-art models related to globalization, technological progress and …
Persistent link: https://www.econbiz.de/10012973755
This paper surveys the state of knowledge about the trade-related environmental consequences of a country's development strategy along three channels: (i) direct trade-environment linkages (overexploitation of natural resources and trade-related transport costs); (ii)' virtual trade' in...
Persistent link: https://www.econbiz.de/10012974889
Traditional weighted-average measures of trade distortions are widely used in analyzing global and regional reforms, despite well-known deficiencies. This paper develops and applies optimal aggregators for the real-world case of multiple countries and commodities with much more detailed...
Persistent link: https://www.econbiz.de/10012975999
The recent large and rapid slowdown in economic activity has resulted in even larger and more rapid declines in international trade. As world trade is set to rebound, this paper addresses three questions: (i) Will trade volumes rebound in a symmetric fashion as world economic growth rebounds?...
Persistent link: https://www.econbiz.de/10012976553
This paper explores the impact of remittances on poverty, education, and health in 11 Latin American countries using … remittances flows with respect to GDP. While remittances tend to have positive effects on education and health, this impact is …
Persistent link: https://www.econbiz.de/10012747726
Do public sector workers earn a wage premium in Djibouti and are the returns to education different across the sectors … sector. Workers in the public sector earn higher private rates of return to education than do private sector workers with …
Persistent link: https://www.econbiz.de/10012748144
This paper presents the largest globally comparable panel database of education quality. The database includes 163 … -- the countries that have the most to gain from the potential benefits of a high-quality education; (3) the data set … global progress on education quality, as well as to uncover potential drivers of education quality, growth, and development …
Persistent link: https://www.econbiz.de/10012929388
The standard summary metric of education-based human capital used in macro analyses - the average number of years of …) its virtues of simplicity and transparency make it a good candidate summary measure of education …
Persistent link: https://www.econbiz.de/10012910425