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Heckman, James Joseph; Masterov, Dimitriy V. - 2004

This paper argues that skill formation is a life-cycle process and develops the implications of this insight for Scottish social policy. Families are major producers of skills, and a successful policy needs to promote effective families and to supplement failing ones. We present evidence that...

Persistent link: https://www.econbiz.de/10010274209

Globale Einkommensdisparitäten und -polaritäten

Henrich, Károly - 2004

Die These, die neuere Globalisierung der sozioökonomischen Beziehungen habe die kontinuierliche, erweiterte Reproduktion sozialer Ungleichheit hervorgebracht, ist nur bedingt haltbar. Tatsächlich begann, nachdem noch um das Jahr 1000 die Durchschnittseinkommen in den verschiedenen Weltregionen...

Persistent link: https://www.econbiz.de/10010274222

Representing GASPEC with the World Gas Model

Egging, Ruud; Holz, Franziska; von Hirschhausen, … - 2008

countries, sometimes called GASPEC. We use the World Gas Model, a dynamic, strategic representation of world gas production … North America would be affected more than other parts of the world. Lastly, the vulnerability of gas importers worldwide on …

Persistent link: https://www.econbiz.de/10010274286

The world gas market in 2030: development scenarios using the world gas model

Huppmann, Daniel; Egging, Ruud; Holz, Franziska; … - 2009

In this paper, we discuss potential developments of the world natural gas industry at the horizon of 2030. We use the … World Gas Model (WGM), a dynamic, strategic representation of world natural gas production, trade, and consumption between … 2005 and 2030. We specify a base case which defines the business-as-usual assumptions based on forecasts of the world …

Persistent link: https://www.econbiz.de/10010274288

The globalization of steam coal markets and the role of logistics: an empirical analysis

Zaklan, Aleksandar; Cullmann, Astrid; Neumann, Anne; … - 2009

In this paper, we provide a comprehensive multivariate cointegration analysis of three parts of the steam coal value chain - export, transport and import prices. The analysis is based on a rich dataset of international coal prices; in particular, we combine data on steam coal prices with freight...

Persistent link: https://www.econbiz.de/10010274289

The influence of collusion on price changes: New evidence from major cartel cases

von Blanckenburg, Korbinian; Geist, Alexander; … - 2010

In this paper, we compare the distribution of price changes between collusive and noncollusive periods for ten major cartels. The first moments focus on previous research. We extend the discussion to the third (skewness) and fourth (kurtosis) moments. However, none of the above descriptive...

Persistent link: https://www.econbiz.de/10010274410

Labor market policy: A comparative view on the costs and benefits of labor market flexibility

Kahn, Lawrence M. - 2010

I review theories and evidence on labor market policies and institutions in an international context. These include collective bargaining, minimum wages, employment protection laws, unemployment insurance (UI), mandated parental leave, and active labor market policies. Scandinavia and Central...

Persistent link: https://www.econbiz.de/10010274420

The effect of inflation on real commodity prices

Reicher, Christopher Phillip; Utlaut, Johannes Friederich - 2011

Recent research has shown that economic conditions have an important effect on real commodity prices. We quantify the contribution of fluctuations in inflation to this particular link. In the data, a temporary rise in inflation causes real commodity prices to rise, as does a rise in trend...

Persistent link: https://www.econbiz.de/10010274442

Exploring the intensive and extensive margins of world trade

Felbermayr, Gabriel J.; Kohler, Wilhelm K. - 2004

World trade evolves at two margins. Where a bilateral trading relationship already exists it may increase through time … have not traded with each other in the past (extensive margin). We provide an empirical dissection of post-World-War- II … growth in manufacturing world trade along these two margins. We propose a ?cornersolutions- version? of the gravity model to …

Persistent link: https://www.econbiz.de/10010274453

Does WTO membership make a difference at the extensive margin of world trade?

Felbermayr, Gabriel; Kohler, Wilhelm K. - 2007

estimation approach, we find that WTO membership has promoted world trade to a larger extent than Rose's results seem to indicate. …

Persistent link: https://www.econbiz.de/10010274458