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Somatic distance, or differences in physical appearance, proves to be extremely important in the gravity model of bilateral trade in conformity with results in other areas of economics and outside of it in the social sciences. This is also true quite independently of survey evidence about...
Persistent link: https://www.econbiz.de/10011872108
Monetäre Disziplin – Deutschland und das Europäische Währungssystem Dieser Aufsatz untersucht die Hypothese, daß alle Mitgliedsländer des Europäischen Währungssystems (EWS) außer Deutschland Nutzen aus diesem System ziehen, weil es ihnen monetäre Disziplin auferlegt. Die Hypothese...
Persistent link: https://www.econbiz.de/10014524153
Ce chapitre offre une revue complète des effets linguistiques sur le commerce et le bien-être. En particulier, sont présentés les enseignements essentiels des travaux économétriques sur le partage d'une langue et les flux commerciaux et faisant ainsi apparaître une variété de sources...
Persistent link: https://www.econbiz.de/10014000761
The paper is devoted to an econometric analysis of learning foreign languages in all parts of the world. Our sample covers 193 countries and 13 important languages. Four factors significantly explain learning, two of which affect the broad decision to learn, while two concern as well the choice...
Persistent link: https://www.econbiz.de/10010398652
In this paper we test the well-known hypothesis of Obstfeld and Rogoff (2000) that trade costs are the key to explaining the so-called Feldstein-Horioka puzzle. Using a gravity framework in an intertemporal context, we provide strong support for the hypothesis and we reconcile our results with...
Persistent link: https://www.econbiz.de/10010261322