Showing 1 - 10 of 73
We study a model that integrates productive and socialization efforts with network choice and parental investments. We characterize the unique symmetric equilibrium of this game. We first show that individuals underinvest in productive and social effort, but that solving only the investment...
Persistent link: https://www.econbiz.de/10011145425
We study how the city system is affected by the possibility for the members of the same cultural diaspora to interact across different cities. In so doing, we propose a simple two-city model with two mobile cultural groups. A localized externality fosters the productivity of individuals when...
Persistent link: https://www.econbiz.de/10005082542
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Persistent link: https://www.econbiz.de/10005504697
Productivity growth in the United States was considerably faster during 2000-03 than in the boom years of 1995-2000. This ebullient productivity performance raises numerous questions about its interpretation and its implications for the future, and these are stated here in the form of five...
Persistent link: https://www.econbiz.de/10005123790
This paper analyses theoretically and empirically the relationship between trade and war. We show that the intuition that trade promotes peace is only partially true even in a model where trade is beneficial to all, war reduces trade and leaders take into account the costs of war. When war can...
Persistent link: https://www.econbiz.de/10005504509
The Paper analyses (i) if globalization is undemocratic, (ii) if NGOs can fill a gap in representation and … democracy and globalization. A major part deals with the question of whether globalization enhances democracy. The answer is …
Persistent link: https://www.econbiz.de/10005497698
In 2009, the United States imposed additional tariffs for a three-year period on imports of automotive tires from China under a special-safeguard provision included in China’s Protocol of Accession to the WTO. China challenged the measure in the WTO. The case marked the first WTO dispute in...
Persistent link: https://www.econbiz.de/10011083656
In a period of rapid integration and accelerated growth in emerging markets, three striking trends have been (1) a divergence in the private saving rates of emerging markets and advanced economies, (2) large net capital outflows from emerging markets, and (3) a sustained decline in the world...
Persistent link: https://www.econbiz.de/10011083716
How does increasing globalization affect corporate transparency? Freer trade represents two facets and in theory has …-country-year level, and a second measure of globalization-induced product market competition based on a country’s own tariff … globalization promotes corporate transparency, especially in industries that depend heavily on external financing. At the same time …
Persistent link: https://www.econbiz.de/10011083813
The design of institutions is shaped by a fundamental trade-off. On the one hand, relationships and heterogeneity push governance down. On the other, the scale and scope benefits of market integration push governance up. A corner solution is rarely optimal. An intermediate outcome, a world...
Persistent link: https://www.econbiz.de/10011084069