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This volume is based on papers delivered at the second CESifo-Delphi Conferences (Munich, November 2003, and Delphi …, June 2004), which are jointly organized by CESifo and the Department of International and European Economic Studies of the … Athens University of Economics and Business. The CESifo-Delphi Conferences are organized every two years and involve a two …
Persistent link: https://www.econbiz.de/10003361581
This volume is based on papers delivered at the second CESifo-Delphi Conferences (Munich, November 2003, and Delphi …, June 2004), which are jointly organized by CESifo and the Department of International and European Economic Studies of the … Athens University of Economics and Business. The CESifo-Delphi Conferences are organized every two years and involve a two …
Persistent link: https://www.econbiz.de/10012049763
This paper studies the interactions between the structure of product demand, relative wages, and the allocation of economic activity across two sectors. The agrarian sector produces a homogeneous good and consists of informal firms employing adults and children. The modern sector produces a...
Persistent link: https://www.econbiz.de/10009224869
We examine the effects that a country’s net capital flows have on the (border) prices that a country pays for its imports of goods. Using data from 2000 to 2009 for 11 euro area countries we utilize a pricing-to-market specification to study exporters’ pricing behavior to the rest of the...
Persistent link: https://www.econbiz.de/10009645628
In this paper we reexamine the Feldstein-Horioka finding of limited international capital mobility by using a broader view (i.e., including human capital) of investment and saving. We find that the Feldstein-Horioka result is impervious to this change.
Persistent link: https://www.econbiz.de/10005765936
The relationship between inequality and redistribution is usually studied under the assumption that the government collects different amounts of taxes from each citizen (voter) but gives back the same amount (in cash or in kind) to everyone. In this paper we consider what happens if the...
Persistent link: https://www.econbiz.de/10005766155
Two macro models – one for a closed economy and the other for a small open economy – are used to examine the scope for income redistribution and employment creation. In particular, the introduction of both a guaranteed annual income (basic income) and an employment subsidy are examined, and...
Persistent link: https://www.econbiz.de/10005766286
This paper uses a model of trade in vertically differentiated products to examine the effects of “excessive wage” increases (i.e. above productivity) on the volume of commodity imports. The model predicts that for commodities, in which the country has comparative advantage in high quality...
Persistent link: https://www.econbiz.de/10005094168
Following Turkey’s application for EU membership in 1987, a Customs Union (CU) between Turkey and the EU, mainly covering trade in manufacturing goods and processed agricultural products, came into effect in 1995. In addition to a large agricultural sector, Turkey also specializes in the...
Persistent link: https://www.econbiz.de/10005094267
In this paper we build a model of trade in vertically differentiated products and find that income inequality can affect the demand for imports even in the presence of homothetic preferences. The empirical importance of changes in inequality on the demand for imports is then assessed by...
Persistent link: https://www.econbiz.de/10005094392