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Globalization may impose a double-burden on low-skilled workers. On the one hand, the relative supply of low … test the predictions of the model. Our results show that greater financial globalization and development increases the … dampening impact. -- labor-market volatility ; skill levels ; financial globalization …
Persistent link: https://www.econbiz.de/10003850520
. We discuss whether the initiatives may mark the start of a new protectionist era. We argue that standard globalization … against the globalization process. We discuss the benefits of globalization benefits in terms of lower prices for consumers, a …
Persistent link: https://www.econbiz.de/10003581535
Persistent link: https://www.econbiz.de/10010467617
This paper discusses whether the integration of international financial markets affects business cycle fluctuations. In the framework of a new open economy macro-model, we show that the link between financial openness and business cycle volatility depends on the nature of the underlying shock....
Persistent link: https://www.econbiz.de/10011475038
Persistent link: https://www.econbiz.de/10002972550
This paper discusses whether the integration of international financial markets affects business cycle fluctuations. In the framework of a new open economy macro-model, we show that the link between financial openness and business cycle volatility depends on the nature of the underlying shock....
Persistent link: https://www.econbiz.de/10001685221
Persistent link: https://www.econbiz.de/10001895540
This paper discusses whether the integration of international financial markets affects business cycle fluctuations. In the framework of a new open economy macro-model, we show that the link between financial openness and business cycle volatility depends on the nature of the underlying shock....
Persistent link: https://www.econbiz.de/10014113303
Persistent link: https://www.econbiz.de/10009389171