Showing 61 - 70 of 37,585
This paper surveys the measurement of trade costs - what we know, and what we don't know but may usefully attempt to … find out. Partial and incomplete data on direct measures of costs go together with inference on implicit costs from trade … flows and prices. Total trade costs in rich countries are large. The ad valorem tax equivalent is about 170% when pushing …
Persistent link: https://www.econbiz.de/10005102691
measure of trade cost I estimate the US-Canada border effect for aggregate and industry-level trade flows in line with the …
Persistent link: https://www.econbiz.de/10010836105
, testing for the importance of pairwise country links as well as characteristics of the receiving country (trade and financial … open- ness, exchange rate regime, fiscal variables). We find that trade integration fosters the spill-over of business … cycles, both bilaterally and as a country characteristic (trade openness). Results for financial integration are mixed …
Persistent link: https://www.econbiz.de/10011636280
This paper provides evidence of the effect of immigration-based networks on German trade. Germany presents a particular … migration policy. According to our results, we find no trade creating effect from migrant networks on exports but on imports …
Persistent link: https://www.econbiz.de/10010257304
that are active across country borders, we focus on international trade and multinational enterprise activity as conduits … spillovers through trade and foreign direct investment, the discussion guided by a model of foreign direct investment, trade, and … endogenous technology transfer. There is evidence for technology spillovers from both international trade and the activity of …
Persistent link: https://www.econbiz.de/10014025152
This paper solves for optimal international portfolio choice in the presence of liquidity constraints and undiversifiable labor income risk. Optimal portfolios are internationally diversified while positive correlation between domestic stock market returns and permanent labor income shocks can...
Persistent link: https://www.econbiz.de/10010928614
In this paper, in order to study the impact of offshoring on sectoral and economywide rates of unemployment, we construct a two sector general equilibrium model in which labor is mobile across the two sectors, and unemployment is caused by search frictions. We find that, contrary to general...
Persistent link: https://www.econbiz.de/10012776753
participation and creating worker shortages in high-demand industries. In this context, immigration will help reduce costs in key … inequality. Reforms should therefore modestly increase overall immigration over time, while shifting its composition somewhat …
Persistent link: https://www.econbiz.de/10012153549
This paper reviews the evidence on the effects of less-skilled immigration to the U.S., and their implications for … immigration reform. It begins with a review of the costs of less-skilled immigration, in terms of competition to native …-born American workers; and the benefits of such immigration in the form of lower consumer prices, higher employer profits, and …
Persistent link: https://www.econbiz.de/10008841667
This article studies whether immigration in voter's neighborhoods is a driving factor of the rise of Germany's major … small-scale immigration data, election data, and a set of socioeconomic factors. Our main finding states that the local … immigration boosted AFD votes but did not affect CDU votes directly. Instead, in regions that perceived immigration indirectly …
Persistent link: https://www.econbiz.de/10012303250