Showing 1 - 10 of 303
prices, productivity levels and markups as functions of openness to trade at a sectoral level. The theory lends itself … evidence that trade openness exerts a competitive effect, with prices and markups falling and productivity rising. Consistent …We present, extend and estimate a model of international trade with firm heterogeneity in the tradition of Melitz (2003 …
Persistent link: https://www.econbiz.de/10011506613
prices, productivity levels and markups as functions of openness to trade at a sectoral level. The theory lends itself … evidence that trade openness exerts a competitive effect, with prices and markups falling and productivity rising. Consistent …We present, extend and estimate a model of international trade with firm heterogeneity in the tradition of Melitz (2003 …
Persistent link: https://www.econbiz.de/10011623991
This paper introduces a global database that contains inflation series: (i) for a wide range of inflation measures (headline, food, energy, and core consumer price inflation; producer price inflation; and gross domestic product deflator changes); (ii) at multiple frequencies (monthly, quarterly...
Persistent link: https://www.econbiz.de/10012584053
Persistent link: https://www.econbiz.de/10012586489
Inflation volatility is clearly important for structural analysis, forecasting and policy purposes, yet it is often overlooked in the literature. This paper compares in ation volatility among advanced open economies with in ation targeting monetary policy frameworks. The results of the empirical...
Persistent link: https://www.econbiz.de/10012249671
Persistent link: https://www.econbiz.de/10014478057
Persistent link: https://www.econbiz.de/10012588331
A 2-country model with two groups of agents, workers and capitalists is presented in which economic integration results in an initial phase of catch-up, where the less industrialised country experiences the rise in both capital and labour income. Then, after a certain level of integration has...
Persistent link: https://www.econbiz.de/10010291923
unfair comparative advantage in trade by using child labour. The results indicate that multinationals are highly sensitive …
Persistent link: https://www.econbiz.de/10010295477
Die Unternehmen stehen durch die fortschreitende Globalisierung der Weltwirtschaft in einem zunehmend internationalen Wettbewerb, wovon jedoch nicht alle Branchen im gleichen Ausmaß erfasst werden. Determiniert wird der Globalisierungsgrad einer Branche vor allem durch die Höhe der...
Persistent link: https://www.econbiz.de/10010295596