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Persistent link: https://www.econbiz.de/10012581740
We develop a dynamic model of the world economy that jointly endogenizes individual decisions about fertility …, education and migration. We then use it to compare the shortand long-term effects of immigration restrictions on the world … distribution of income. Our calibration strategy replicates the economic and demographic characteristics of the world, and allows …
Persistent link: https://www.econbiz.de/10012943577
Drawing on selective stylized facts, the paper evaluates the growth-effects for African countries and the disruptive potentials resulting from the COVD-19 pandemic, as African countries are involved in intra-regional integration processes. As AfCFTA involving 55 countries (ratified by 22...
Persistent link: https://www.econbiz.de/10014232447
At the turn of the millennium three frequently cited potential causes of new challenges for wage p olicy in Germany are revisited in this study: skilled-biased technological progress, the increasing international integration of labor and product markets, and the monetary integration of the EMU....
Persistent link: https://www.econbiz.de/10009781695
The end of the world's greatest autarky -- Confronting the competition: the limitations of trade policy -- Confronting … -- How to think about economic competitiveness -- A strategy for competing in a globalized world …
Persistent link: https://www.econbiz.de/10011535328
Using data from Mexico, the authors study empirically the link between trade policy and individual income risk and the extent to which this varies across workers of different human capital (education) levels. They use longitudinal income data on workers to estimate time-varying individual income...
Persistent link: https://www.econbiz.de/10010521633
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