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Trade and inequality in Europe and the US
Dorn, David; Levell, Peter - 2021
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
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Modern Challenges of Monetary Policy Strategies : Inflation and Devaluation Influence on Economic Development of the Country
Abuselidze, George - 2020
for the economy-inflation and devaluation. The purpose of the research is to analyze the socio-economic results of … inflation and devaluation in Georgia and to determine the main directions to overcome it. Due to study purposes was investigated … the causes of inflation and devaluation, as well as was examined its influence on economic development of the country and …
Persistent link: https://www.econbiz.de/10012835155
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Fiscal storms : public spending and revenues in the aftermath of natural disasters
Noy, Ilan; Nualsri, Aekkanush - 2008
Persistent link: https://www.econbiz.de/10003854805
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De facto fiscal space and fiscal stimulus : definition and assessment
Aizenman, Joshua; Jinjarak, Yothin - 2010
We define the notion of 'de facto fiscal space' of a country as the inverse of the outstanding public debt relative to the de facto tax base, where the latter measures the realized tax collection, averaged across several years to smooth for business cycle fluctuations. We apply this concept to...
Persistent link: https://www.econbiz.de/10008732193
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The fiscal stimulus of 2009-10 : trade openness, fiscal space and exchange rate adjustment
Aizenman, Joshua; Jinjarak, Yothin - 2011
This paper studies the cross-country variation of the fiscal stimulus and the exchange rate adjustment propagated by the global crisis of 2008-9, identifying the role of economic structure in accounting for the heterogeneity of response. We find that greater de facto fiscal space prior to the...
Persistent link: https://www.econbiz.de/10009269999
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COVID-19, Fiscal Stimulus, and Credit Ratings
Balajee, Anuragh - 2020
COVID-19 pandemic has rattled the global economy and has required governments to undertake massive fiscal stimulus to prevent the economic fallout of social distancing policies. In this paper, we compare the fiscal response of governments from around the world and its main determinants. We find...
Persistent link: https://www.econbiz.de/10012836861
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A Possible Approach to Fiscal Rules in Small Islands - Incorporating Natural Disasters and Climate Change
Nakatani, Ryota - 2019
A big challenge for the economic development of small island countries is dealing with external shocks. The Pacific Islands are vulnerable to natural disasters, climate change, commodity price changes, and uncertain donor grants. The question that arises is how should small developing countries...
Persistent link: https://www.econbiz.de/10012860997
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International Differences in the Effect of Skills on Job Mobility : A Schumpeterian Perspective
Stijepic, Damir - 2020
Making use of an international survey that directly assess the cognitive skills of the adult population, I document systematic differences in the effect of skills on job mobility across the 37 countries in the sample. While economic growth is associated with relatively higher job mobility among...
Persistent link: https://www.econbiz.de/10012847420
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The Current Economic and Financial Crisis : A Gender Perspective
Antonopoulos, Rania - 2015
Widespread economic recessions and protracted financial crises have been documented as setting back gender equality and other development goals in the past. In the midst of the current global crisis - often referred to as “the Great Recession” - there is grave concern that progress made in...
Persistent link: https://www.econbiz.de/10013039525
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Setting it right : employment protection, labour reallocation and productivity
Martin, John P.; Scarpetta, Stefano - 2011
hiring and firing of workers, labour reallocation and productivity growth. It also reviews how workers affected by labour … labour market flows and these flows, in turn, have significant impacts on productivity growth. At the same time, the evidence …
Persistent link: https://www.econbiz.de/10009153475