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Heterogeneous Agent Trade
Waugh, Michael E. - National Bureau of Economic Research - 2023
This paper studies the implications of household heterogeneity for trade. I develop a model where household heterogeneity is induced via incomplete markets and results in heterogeneous price elasticities. Conditional on exposure to trade, heterogeneous price elasticities imply that different...
Persistent link: https://www.econbiz.de/10014421236
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The taxing deed of globalization
Egger, Peter; Nigai, Sergey; Strecker, Nora Margot - 2016 - This draft: April 2016
We examine the effects of globalization on the size and composition of tax revenues, worker-specific tax burdens, and effective average labor income tax rates using a unique international database on income tax calculators. We find that due to increasing mobility of firms and high-income...
Persistent link: https://www.econbiz.de/10011484335
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Do Chemical Reactors Hold the Solution for Global Economic Crises?
Shachmurove, Yochanan - 2012
What can economists learn from dynamic partial control of chemical reactors? Both chemical reactors and the economy involve many variables that are difficult to fully predict or control. Thus, this paper suggests the use of partial control, which involves indentifying only the key variables that...
Persistent link: https://www.econbiz.de/10013108381
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Internal Trade in Canada : Case for Liberalization
Alvarez, Jorge - 2019
This paper assesses the costs of internal trade barriers and proposes policies to improve internal trade. Estimates suggest that complete liberalization of internal trade in goods can increase GDP per capita by about 4 percent and reallocate employment towards provinces that experience large...
Persistent link: https://www.econbiz.de/10012864110
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Our Europe : 15 Years of Poland in the European Union
Wilkin, Jerzy; Konieczna-Sałamatin, Joanna; Marody, … - 2020
This report is the result of the joint work of a number of experts from various fields who have been - for many years – analysing the multidimensional effects of EU institutions and cooperation with Member States pursuant to European values and mechanisms. The authors summarise the benefits of...
Persistent link: https://www.econbiz.de/10014098808
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The Distributional Impacts of Transportation Networks in China
Ma, Lin; Tang, Yang - 2022
model that allows formultiple modes and routes of transportation and forward-looking migration decision.We find aggregate …
Persistent link: https://www.econbiz.de/10014083447
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Chapter 18. Migration, International Trade, and Capital Formation : Cause or Effect?
Felbermayr, Gabriel; Grossmann, Volker; Kohler, Wilhelm - In: Handbook of the economics of international migration : …, (pp. 913-1025). 2015
In this chapter, we provide an overview of the relationship between international migration and international trade as … well as capital movements. We start out by identifying key issues through a brief comparison between modern migration and … the mass migration of the nineteenth century, followed by a review of insights that can be drawn from a general factor …
Persistent link: https://www.econbiz.de/10014025432
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Internal trade in Canada : case for liberalization
Alvarez, Jorge; Krznar, Ivo; Tombe, Trevor - 2019
This paper assesses the costs of internal trade barriers and proposes policies to improve internal trade. Estimates suggest that complete liberalization of internal trade in goods can increase GDP per capita by about 4 percent and reallocate employment towards provinces that experience large...
Persistent link: https://www.econbiz.de/10012102149
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Regional effects of terrorism on tourism : evidence from three Mediterranean countries
Drakos, Kōnstantinos; Kutan, Ali Mustafa - 2001
A consumer-choice model developed by Enders, Sandler and Parise (1992) is utilized to study the regional effects of terrorism on competitors' market shares in tourism sector where involved countries enjoy significant tourism activities but are subject to high frequency of terrorist attacks. The...
Persistent link: https://www.econbiz.de/10010519056
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House Price Convergence in the Euro Zone : A Pairwise Approach
Miles, William - 2019
For the European Central Bank to incorporate euro-wide housing into its policy decisions, it is helpful if home values across the currency union are convergent in the long run. We apply a probabilistic pair-wise approach to the question of whether home values converge across eight euro-zone...
Persistent link: https://www.econbiz.de/10012893075