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We investigate the effect of higher education on the evolution of inequality. In so doing we propose a novel overlapping generations model with three social classes: the rich, the middle class, and the poor. We show that there is an initial phase in which no social class invests in higher...
Persistent link: https://www.econbiz.de/10011753304
Since the 1950s, world trade has grown much faster than global economic production. Meanwhile, China has surpassed … Partnership, have attained dominance in the world trading system in recent years. Some of the well-known weaknesses of regionalism … world trading system require a strengthening of the WTO's multilateral system. But the current bilateral and regional trade …
Persistent link: https://www.econbiz.de/10011773181
Im Juliheft 2015 veröffentlichte der Wirtschaftsdienst einen Aufsatz von Henning Klodt und Stefanie Lang zum Treaty Shopping. Sebastian Dullien weist auf eine seiner Auffassung nach fehlerhafte Darstellung des bilateralen Investitionsschutzabkommens zwischen Deutschland und Pakistan aus dem...
Persistent link: https://www.econbiz.de/10011773208
Im Juliheft 2015 veröffentlichte der Wirtschaftsdienst einen Aufsatz von Henning Klodt und Stefanie Lang zum Treaty Shopping. Sebastian Dullien weist auf eine seiner Auffassung nach fehlerhafte Darstellung des bilateralen Investitionsschutzabkommens zwischen Deutschland und Pakistan aus dem...
Persistent link: https://www.econbiz.de/10011773209
The European power market is undergoing signifi cant changes. The EU has set an ambitious goal of reducing its greenhouse gas emissions by 40 per cent by 2030. This will require significant investment in renewable energy sources such as wind and photovoltaics as well as measured policies to deal...
Persistent link: https://www.econbiz.de/10011773248
economies are fuelling calls to contain the so-called evergreening practices of drug producers around the world. But such …
Persistent link: https://www.econbiz.de/10011773251
SVAR models that include a single world price (such as the terms-of-trade) predict that world shocks explain a small … multiple commodity prices transmit world disturbances. Estimates on a panel of 138 countries over the period 1960-2015 indicate … that world shocks explain on average 33 percent of output fluctuations in individual economies. This figure doubles when …
Persistent link: https://www.econbiz.de/10011786396
accessibility rights, governments, regulatory bodies and courts around the world deal comprehensively with costs but fail to value …
Persistent link: https://www.econbiz.de/10011786538
still the fulcrum of international relations, and the world is far from being "post-American". Thus the economic shift to …
Persistent link: https://www.econbiz.de/10011790204
collectively account for 90% of world trade. Many GATT members were thus peripheral to the process. Among other consequences this …
Persistent link: https://www.econbiz.de/10011790244