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How Do the "Gats-Plus" and "Gats-Minus" Characteristics of Regional Service Agreements Affect Trade in Services?

Zhou, Nianli - 2014

Preferential liberalization of trade in services is a central feature of the new regionalism. "GATS-Plus" and "GATS … different effect of the "GATS-Plus" and "GATS-Minus" components of RTAs on the service trade . The results of the empirical … "service" RTA) can increase the bilateral service trade between the trading-pairs significantly. (2) almost all the "GATS …

Persistent link: https://www.econbiz.de/10013046089

Brexit Uncertainty and its (Dis)Service Effects

Ahmad, Saad; Limão, Nuno; Oliver, Sarah; Shikher, Serge - 2022

We estimate the impact of increased policy uncertainty from Brexit on UK trade in services. We apply an uncertainty-augmented gravity equation to UK services trade with the European Union at the industry level from 2016Q1 to 2018Q4. By exploiting the variation in the probability of Brexit from...

Persistent link: https://www.econbiz.de/10014090937

The Division and Size of Gains from Liberalization of Service Networks

Bhattarai, Keshab; Whalley, John - 2022

This paper emphasizes the different nature of cross border liberalization in network related services, such as telecoms, compared to liberalization in goods. In the presence of network externalities, it argues that if two disjoint country service networks involving a small and large country are...

Persistent link: https://www.econbiz.de/10013322328

Beyond Goods and Services : Competition Policy, Investment, Mutual Recognition, Movement of Persons, and Broader Cooperation Provisions of Recent Ftas Involving ASEAN Countries

Dayaratna-Banda, O. G.; Whalley, John - 2021

We discuss recent bilateral, regional, and country trade, partnership, and economic agreements involving both ASEAN as a single entity and individual ASEAN countries (Singapore, Thailand, Malaysia) focusing on their reach beyond conventional trade in goods and services issues. What emerges is of...

Persistent link: https://www.econbiz.de/10013240991

Real-Time Price Discovery in Stock, Bond and Foreign Exchange Markets

Andersen, Torben G. - 2009

We characterize the response of U.S., German and British stock, bond and foreign exchange markets to real-time U.S. macroeconomic news. Our analysis is based on a unique data set of high-frequency futures returns for each of the markets. We find that news surprises produce conditional mean...

Persistent link: https://www.econbiz.de/10012767561

How is Macro News Transmitted to Exchange Rates?

Evans, Martin D.D. - 2009

This paper tests whether macroeconomic news is transmitted to exchange rates via the transactions process and if so, what share occurs via transactions versus the traditional direct channel. We identify the link between order flow and macro news using a heteroskedasticity-based approach, a la...

Persistent link: https://www.econbiz.de/10012767786

Labor in the Boardroom

Jäger, Simon - 2019

corporate board seats going to worker representatives. We study a reformin Germany that abruptly abolished this mandate for …

Persistent link: https://www.econbiz.de/10012858402

Data Gaps and the Policy Response to the Novel Coronavirus

Stock, James H. - 2020

This note lays out the basic Susceptible-Infected-Recovered (SIR) epidemiological model of contagion, with a target audience of economists who want a framework for understanding the effects of social distancing and containment policies on the evolution of contagion and interactions with the...

Persistent link: https://www.econbiz.de/10012838354

Child Penalties Across Countries : Evidence and Explanations

Kleven, Henrik - 2019

This paper provides evidence on child penalties in female and male earnings in different countries. The estimates are based on event studies around the birth of the first child, using the specification proposed by Kleven et al. (2018). The analysis reveals some striking similarities in the...

Persistent link: https://www.econbiz.de/10012893143

Earnings Test, Non-Actuarial Adjustments and Flexible Retirement

Börsch-Supan, Axel H. - 2018

In response to the challenges of increasing longevity, an obvious policy response is to gradually increase the statutory eligibility age for public pension benefits and to shut down pathways to early retirement such as special rules for women. This is, however, very unpopular. As an alternative,...

Persistent link: https://www.econbiz.de/10012918708

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