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Globalization affects the mix of jobs available in an economy and the rate at which workers gain skills. We develop a … globalization affects the wage distribution and the career path of workers as they move up the jobs ladder. We calibrate the model … investigate the impact of globalization. Our results indicate that although falling trade costs results in greater wage inequality …
Persistent link: https://www.econbiz.de/10013208831
We examine how variation in antisemitism across countries can be explained by economic freedom. We propose two mechanisms. First, the more economic freedom, the greater the scope of market activities. If people perceive the consequences of the market economy as detrimental, they will be more...
Persistent link: https://www.econbiz.de/10012615425
-globalizations hypothesis. The second half discusses its analytical implications. The Victorian first globalization and the Keynesian-era second … globalization were driven by gains from trade, and those gains increased industrialized country real wages. The neoliberal third … globalization has been driven by industrial reorganization motivated by distributional conflict. Trade theory does not explain the …
Persistent link: https://www.econbiz.de/10014363325
We examine the impact of the last five decades of financial globalization on world GDP and income distribution, using a … pattern Unbalanced Financial Globalization. We then simulate a counterfactual trajectory of the world economy where the RKO … wedges are fixed at their pre-globalization levels. We find that unbalanced financial globalization led to a worsening of …
Persistent link: https://www.econbiz.de/10014377616
. There are some indications of globalization in retreat, international trade growth slowing down and a transition from … various trends around global economic integration and pushing towards de-globalization is extremely difficult. This paper aims …
Persistent link: https://www.econbiz.de/10014506950
. We examine the effect of globalization on the occupational mixes using detailed Swedish data that cover all firms and a …
Persistent link: https://www.econbiz.de/10010504473
Globalization might affect the mix of jobs available in an economy and the rate at which workers gain skills. We … develop a model in which firms differ in terms of productivity and skills and use the model to examine how globalization …
Persistent link: https://www.econbiz.de/10012145474
institutions. Shanghai, being regarded as the 'ultimate poster-child for the effects of globalization on cities and regions' by the …
Persistent link: https://www.econbiz.de/10008662259
In this article, a new composite globalisation index will be presented. With its 21 variables, it accounts for the multidimensionality of this phenomenon instead of relying purely on economic indicators. As compared to other existing globalisation indices, three major innovations are introduced...
Persistent link: https://www.econbiz.de/10011373499
which globalization should influence the personal distribution of market and disposable incomes as well as redistribution. I … employ panel data covering 28 OECD countries between 1960 and 2010 to analyze the impact of globalization on a set of labor … industrialized countries. Rather, the globalization-induced rise in income dispersion through greater factor price differences is …
Persistent link: https://www.econbiz.de/10010354569