Showing 1 - 8 of 8
The global financial crisis and its aftermath have triggered extraordinary policy responses in advanced countries. The impacts of these policy responses?from asset price bubbles to currency depreciations?have often been felt in the developing world. As tapering talk evolves into actual...
Persistent link: https://www.econbiz.de/10012971974
This paper estimates the impact of informality on firm profits using a new firm-level survey designed specifically for this study. The survey was administered to about 1,200 firms with 50 employees or less in Ecuador's two largest cities, Quito and Guayaquil, plus two main centers of economic...
Persistent link: https://www.econbiz.de/10012974435
This paper uses a dynamic macro-micro framework to evaluate the potential distributional effects of the expansion of the Panama Canal. The results show that large macroeconomic effects are only likely during the operations phase (2014 and onward), and income gains are likely to be concentrated...
Persistent link: https://www.econbiz.de/10012975692
Using a recently compiled dataset on migration and remittances in Ghana, this paper estimates the determinants of an individual?s likelihood to be an internal migrant and the relationship between internal migration and welfare. The analysis finds that the likelihood to migrate is determined by a...
Persistent link: https://www.econbiz.de/10012976586
The present study uses the GIDD, a CGE-microsimulation model for Global Income Distribution Dynamics, to understand the ex-ante dynamics of global income distribution. Three main robust results emerge. First, under a set of realistic assumptions, there will be a reduction in global income...
Persistent link: https://www.econbiz.de/10012746757
Econometric analysis has established a negative relationship between labor supply and remittances in Jamaica. The authors incorporate this ex-post evidence in a general equilibrium model to investigate economywide effects of increased remittance inflows. In this model, remittances reduce labor...
Persistent link: https://www.econbiz.de/10012747833
The author investigates the effects of preferential trade agreements (PTAs) on the net foreign direct investment (FDI) inflows of member countries using a comprehensive database of PTAs in a panel setting. He finds that PTA membership is associated with a positive change in net FDI inflows, and...
Persistent link: https://www.econbiz.de/10012747912
The author investigates the effects of preferential trade agreements (PTAs) on bilateral trade flows using a comprehensive database of PTAs in force and a detailed matrix of world trade. He shows that total trade between PTA partners is a poor proxy for preferential trade (trade in tariff lines...
Persistent link: https://www.econbiz.de/10012747946