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sending and receiving countries. In a calibrated multi-country model, we compare the current world to a counterfactual with … that more - not less - high-skilled migration would increase world welfare. …
Persistent link: https://www.econbiz.de/10011551902
This note describes how research on the link between globalization and openness has changed over time. Early contributions assumed that countries develop welfare states to compensate for volatility caused by economic openness (the compensation hypothesis). Recent findings have cast doubts on...
Persistent link: https://www.econbiz.de/10011994377
This paper studies the effects of globalization on the ability of governments to generate tax revenues for the financing of national welfare states. In this context, it summarizes the theoretical predictions of various economic models of tax competition between countries and discusses the role...
Persistent link: https://www.econbiz.de/10014306784
The unstoppable progress of the demographic transition is determining a progressive decline of the rates of growth of the total population and working age population of the planet, two phenomena that could have a very positive global socioeconomic and environmental impact. Unfortunately, it is...
Persistent link: https://www.econbiz.de/10012162985
quantitative multi-country model with trade, we compare the current world to a counterfactual with the same number of migrants …
Persistent link: https://www.econbiz.de/10011847543
inevitably competing with other cities in China and Asia for the best brains in the world. This paper therefore aims to …
Persistent link: https://www.econbiz.de/10008662259
of workers located around the world, is discussed. A global wage equation that nests the Mincer specification is …
Persistent link: https://www.econbiz.de/10008658507
In this paper, I quantify the role of media in the formation of support for unemployment insurance. Theory suggests that individuals who feel threatened by globalization demand compensatory policies. Using a novel method of quantitative text analysis, I derive measures on the stance to...
Persistent link: https://www.econbiz.de/10011490098
Persistent link: https://www.econbiz.de/10011629347
The share of low-income countries in global exports nearly tripled between 1990 and 2015, driven largely by the rapid emergence of China as an exporting powerhouse. While research in economics had long acknowledged that trade with lower-income countries could raise income inequality in Europe...
Persistent link: https://www.econbiz.de/10012745407