Showing 1 - 10 of 668
Recent disruptions to global value chains (GVCs) have raised an important question: Can decoupling from GVCs increase a country’s welfare by reducing its exposure to foreign supply shocks? We use a quantitative trade model to simulate GVCs decoupling, defined as increased barriers to global...
Persistent link: https://ebvufind01.dmz1.zbw.eu/10013227605
. Participation of emerging economies in world trade and longer-distance trade between countries contribute to this usage increase …
Persistent link: https://ebvufind01.dmz1.zbw.eu/10014357024
We examine the labor market consequences of recent global supply chain disruptions induced by COVID-19. Specifically, we consider a temporary increase in international trade costs similar to the one observed during the pandemic and analyze its effects on labor market outcomes using a...
Persistent link: https://ebvufind01.dmz1.zbw.eu/10014259687
This paper presents a new set of stylized facts about the global variation in universalism, leveraging hypothetical money allocation tasks deployed in representative samples of 64,000 people from 60 countries. Our data reveal large variation in universalism within and across countries, which...
Persistent link: https://ebvufind01.dmz1.zbw.eu/10014082166
We use the US presidential election on 3 November 2020 to examine how the US president influences economic expectations of international experts. We design a large-scale RCT among 843 experts working in 107 countries, asking about their expectations regarding GDP growth, unemployment, inflation,...
Persistent link: https://ebvufind01.dmz1.zbw.eu/10013250729
We construct the world’s centers of gravity for human population, GDP and CO2 emissions by taking the best out of five …th century, after World War I for CO2 emissions, after World War II for GDP. Since then, both centers are moving eastward …
Persistent link: https://ebvufind01.dmz1.zbw.eu/10012890193
The Tax Cuts and Jobs Act constitutes the largest change to the US tax system since the 1980s and thoroughly alters the way in which multinational companies are taxed. Current assessments on the reform’s international impact vary widely. This article sheds light on the tax reform’s expected...
Persistent link: https://ebvufind01.dmz1.zbw.eu/10012892092
We introduce the revised version of the KOF Globalisation Index, a composite index measuring globalization for every … country in the world along the economic, social and political dimension. The original index was introduced by Dreher (2006 … along the different dimensions of globalization. We also disentangle trade and financial globalization within the economic …
Persistent link: https://ebvufind01.dmz1.zbw.eu/10012892154
In the context of international tax coordination incomplete information is one of the well-known frictions that can lead to bargaining failure and might explain a lack of observed coordination. We consider international negotiations about tax coordination under complete and incomplete...
Persistent link: https://ebvufind01.dmz1.zbw.eu/10012892184
feature of economic globalization. What determines the patterns of the internationalization of NGO campaigns? Stylized facts …
Persistent link: https://ebvufind01.dmz1.zbw.eu/10013228853