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output changes at an early stage. We illustrate the method with an evaluation of the impact of the 2008-2009 crisis in …
Persistent link: https://www.econbiz.de/10010274679
The distributional consequences of the recent economic crisis are still broadly unknown. While it is possible to …
Persistent link: https://www.econbiz.de/10010274964
Bolivia during these two countries' bilateral negotiations to export gas to and through Chile (gas crisis from 2001 … understand within the context of a crisis of meanings. The new approach of othering the counterpart as a friend has filled the … void of meaning left by the crisis of discursive articulations of othering the counterpart as a rival, a threat and …
Persistent link: https://www.econbiz.de/10010275985
I outline a simple roadmap for work in micro-founded models. Rather than abandoning the route to further micro-foundations and returning to ad hoc economics, the techniques we have used over the past two decades to develop micro-founded business cycle models will allow us to develop models with...
Persistent link: https://www.econbiz.de/10010277841
We provide the first empirical tests for financial protectionism, defined as a nationalistic change in bank's lending behaviour, as the result of public intervention, which leads domestic banks either to lend less or at higher interest rates to foreigners. We use a bank-level panel data set...
Persistent link: https://www.econbiz.de/10010277873
the informal sector acts as a buffer for households during periods of crisis when formal sector employment opportunities …
Persistent link: https://www.econbiz.de/10010278408
With fortuitously timed data - collected before, during and after a major macro-financial crisis in Bulgaria - we … crisis and changing relative prices and the changing responsiveness of different groups of people to these incomes and prices …
Persistent link: https://www.econbiz.de/10010278592
economic crisis that began in 2008. It starts from the observation that the decline in employment and rise in unemployment in … arrangements in place before the crisis and discretionary reforms implemented during the crisis. Emphasis is placed on the role of … internal flexibility. At the same time, however, it appears that the crisis has - at least in some cases - contributed to a …
Persistent link: https://www.econbiz.de/10010278707
profitability after the crisis of the 1970s, and has caused an erosion of salary and social conquests attained by labor after the …
Persistent link: https://www.econbiz.de/10009467886
The aim of this paper is to analyze the changes in the wage share in manufacturing industry in Mexico, Turkey, and Korea in the era of globalization. The focus is on the one hand over the effects of globalization on the wage share , which are measured by the effects of international trade and...
Persistent link: https://www.econbiz.de/10009467894