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Globalization is not only about the rise of trade, FDI, and migration. It is also about the changing linkages among these flows. The main findings of the paper can be summarized as follows. First, at least in the nineties, import trade liberalization fostered not only trade but also inward...
Persistent link: https://www.econbiz.de/10010262148
Typically, when two people decide to become parents, they procreate by copulation and produce a child. What do people do if, for some reason, they can?t produce their own children but want to be parents? Today, a prospective parent can go to the web, drop a vial of sperm from a donor with...
Persistent link: https://www.econbiz.de/10010262186
In this paper the extensive empirical literature on the gender wage gap is reviewed with particular attention given to the identification of the key parameters in the specified human capital wage regression models. This aspect has been of great importance in the literature chiefly for two...
Persistent link: https://www.econbiz.de/10010262401
Any serious empirical study of factor substitutability has to allow the data to display complementarity as well as substitutability. The standard approach reflecting this idea is a translog specification – this is also the approach used by numerous studies analyzing the relative capital-skill...
Persistent link: https://www.econbiz.de/10010262521
Risk averse investors have to be compensated in higher expected returns when facing investments with higher risk. Education is an important investment therefore we use the results for 16 countries to test the positive relationship between return to education and the risk involved in this...
Persistent link: https://www.econbiz.de/10010262526
Highly-skilled migrants are becoming a more important part of the world economy and of policy debates in a diverse set … of countries. The proliferation of skills around the world, increases in world trade, the growth of R&D, and the general …
Persistent link: https://www.econbiz.de/10010262573
Empirical investigation of the labor market consequences of employment protection has mushroomed since Lazear's (1990) pioneering study. Having sketched the theoretical background, we chart the course of the modern empirical literature. We focus mainly on dismissals protection, distinguishing...
Persistent link: https://www.econbiz.de/10010262586
We use a unique firm-level panel data set of multinational parents and their foreign affiliates to analyze whether profits are shared across borders within multinational firms. Using both fixed-effects and generalized method-of-moments estimators, affiliate wage levels are estimated to respond...
Persistent link: https://www.econbiz.de/10010262687
centuries. It begins with a review of the history of primarily trans-Atlantic migration to the New World during the period of … Oceania and from parts of Asia (primarily India, China and Japan) to other parts of Asia, Africa and the New World. World wars …, immigration restrictions and the Great Depression resulted in a period of low international migration (1913 to 1945). In the post-World …
Persistent link: https://www.econbiz.de/10010262688
Using a data set of historical battles from 1600 to 1973, this paper analyzes the empirical determinants of tactical success in modern war. Based on a reduced form approach we consider key elements of military theory as factors in the production of combat success, formalized in a military...
Persistent link: https://www.econbiz.de/10010262748