Showing 1 - 10 of 49
We investigate whether globalization influenced credit market deregulation over the period 1970-2010. Globalization is … measured by the KOF indices of globalization. Credit market deregulation is measured by the credit market freedom indicators of … positive correlation between globalization and credit market deregulation. We account for reverse causality by using predicted …
Persistent link: https://www.econbiz.de/10010528971
This paper re-examines the link between globalization and income inequality. We use data for 140 countries over the … period 1970-2014 and employ an IV approach to deal with the endogeneity of globalization measures. We find that the link … between globalization and income inequality differs across different groups of countries. There is a robust positive …
Persistent link: https://www.econbiz.de/10011789164
We introduce the revised version of the KOF Globalisation Index, a composite index measuring globalization for every … along the different dimensions of globalization. We also disentangle trade and financial globalization within the economic … dimension of globalization and use time-varying weighting of the variables. The new index is based on 43 instead of 23 variables …
Persistent link: https://www.econbiz.de/10011954444
relationship between globalization and social justice as measured by a new indicator for 31 OECD countries. The results show that … countries that experienced rapid globalization enjoy social justice. When the KOF index of globalization increases by one …
Persistent link: https://www.econbiz.de/10010479925
Persistent link: https://www.econbiz.de/10012796487
We examine how trade openness influences income inequality within countries. The sample includes 139 countries over the period 1970-2014. We employ predicted openness as instrument to deal with the endogeneity of trade openness. The effect of trade openness on income inequality differs across...
Persistent link: https://www.econbiz.de/10012599018
We examine how trade openness influences income inequality within countries. The sample includes 139 countries over the period 1970-2014. We employ predicted openness as instrument to deal with the endogeneity of trade openness. The effect of trade openness on income inequality differs across...
Persistent link: https://www.econbiz.de/10012592197
Two hypotheses relate to the globalization-welfare state nexus: The efficiency hypothesis predicts that globalization … contrast, predicts that globalization induces a higher demand for social insurance which results in an extended welfare state …. Empirical evidence on the globalization-welfare state nexus is mixed. We re-examine the evidence by investigating a yearly panel …
Persistent link: https://www.econbiz.de/10009206349
Persistent link: https://www.econbiz.de/10008674118
This study empirically assesses the influence of globalization on the institutional root causes of gender equality as … measured by the new OECD Social Institutions and Gender Index (SIGI). We capture the multifaceted concept of globalization with … the KOF index and its three sub-indices which measure the economic, social and political dimensions of globalization …
Persistent link: https://www.econbiz.de/10009293327