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Weltwirtschaft und von außerhalb des Instituts Antworten auf die drängenden Fragen: Wie verändert die Krise unsere Welt? Wird diese …The COVID-19 virus has spread to 215 countries, virtually covering all areas of the world, and has plunged the world in … impact: when countries are connected by trade in goods, when a lockdown closes factories in one place of the world, essential …
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We introduce search and matching unemployment into a model of trade with differentiated goods and heterogeneous firms. Countries may differ with respect to size, geographical location, and labor market institutions. Contrary to the literature, our single-sector perspective pays special attention...
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This paper analyzes international historical evidence and finds that economic growth slows down when per capita income reaches US{dollar}17,000.
Persistent link: https://www.econbiz.de/10010507314
The positive association between the service sector share of output and per capita income is one of the best-known regularities in all of growth and development economics. Yet there is less than complete agreement on the nature of that association. Here we identify two waves of service sector...
Persistent link: https://www.econbiz.de/10011807641