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We develop a simple information-based model of FDI flows. On the one hand, the relative abundance of intangible capital in specialized industries in the source countries, which presumably generates expertise in screening investment projects in the host countries, enhances FDI flows. On the other...
Persistent link: https://www.econbiz.de/10011402538
We develop a simple information-based model of FDI flows. On the one hand, the relative abundance of intangible" capital in specialized industries in the source countries, which presumably generates expertise in screening investment projects in the host countries, enhances FDI flows. On the...
Persistent link: https://www.econbiz.de/10002047371
Persistent link: https://www.econbiz.de/10000630032
Persistent link: https://www.econbiz.de/10003769806
Persistent link: https://www.econbiz.de/10000647683
effects of aging populations, migration, and globalization on the deteriorating system of financing welfare state benefits as … how the combined forces of demographic change and globalization will make it impossible for the welfare state to maintain … globalization of the capital market. Applying a political economy model and drawing on empirical data from the EU and the United …
Persistent link: https://www.econbiz.de/10002113095
Persistent link: https://www.econbiz.de/10003345769
This paper reviews the analytics of the effects of globalization on the Phillips curve and the utility-based objective … less responsive to the output gap. In other words, globalization induces the monetary authority, when guided in its policy …
Persistent link: https://www.econbiz.de/10003486559
The paper provides a unified analysis of globalization effects on the Phillips curve and monetary policy, in a New … inflation and activity. If policy makers are guided by the welfare criterion of the representative household, globalization …
Persistent link: https://www.econbiz.de/10003512560
Persistent link: https://www.econbiz.de/10011544653