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The article examines the risks of deepening poverty and income inequality that arise from global challenges of population aging, job losses due to shrinking sales markets, trade wars, long-term quarantine and compliance with the safe distancing of people as part of restrictive measures against...
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In the absence of financial frictions, the purpose of thin capitalization rules is to limit multinational firms’ possibilities of engaging in tax planning via debt shifting. This paper analyzes the effects of thin capitalization rules in the case where firms have limited access to external...
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Matthias Till -- Welfare state and uncertainty : two different views / by Jesper Jespersen -- Inequality and unemployment … dimension of welfare in poor countries / by Marco Zupi -- From globalization to world welfare : established and emerging global …
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cannot easily switch industries and wages are inflexible in the short run, globalization tends to increase unemployment. In … state can simultaneously cause an increase in unemployment and exports. -- income inequality ; unemployment ; exporters …The paper analyzes the labor market effects of globalization when foreign market entry is costly and risky. With …
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