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di Giovanni, Julian - 2014

flows - such as Jamaica or El Salvador - are also better off due to migration, but for a different reason: remittances. The …This paper evaluates the global welfare impact of observed levels of migration using a quantitative multi-sector model … differences, international trade, remittances, and a heterogeneous workforce. We compare welfare under the observed levels of …

Persistent link: https://www.econbiz.de/10013056595

The gain from the drain : skill-biased migration and global welfare

Biavaschi, Costanza; Burzynski, Michal; Elsner, Benjamin; … - 2016

Persistent link: https://www.econbiz.de/10011629347

Mismatch and Assimilation

Wang, Ping - 2018

Income disparity across countries has been large and widening over time. We develop a tractable model where factor requirements in production technology do not necessarily match a country's factor input profile. Appropriate assimilation of frontier technologies balances such multi-dimensional...

Persistent link: https://www.econbiz.de/10012911691

Are International R&D Spillovers Trade-Related? Analyzing Spillovers Among Randomly Matched Trade Partners

Keller, Wolfgang - 2021

In this paper, I analyze recent findings by Coe and Helpman (1995) on trade-related international R&D spillovers. A Monte Carlo based robustness test is proposed which compares the elasticity of domestic productivity with respect to foreign R&D estimated by Coe and Helpman with an elasticity...

Persistent link: https://www.econbiz.de/10013249690

Migration and cross-border financial flows

Kugler, Maurice; Levintal, Oren; Rapoport, Hillel - 2013

Persistent link: https://www.econbiz.de/10009777157

The Power of the Family

Alesina, Alberto F. - 2010

The structure of family relationships influences economic behavior and attitudes. We define our measure of family ties using individual responses from the World Value Survey regarding the role of the family and the love and respect that children need to have for their parents for over 70...

Persistent link: https://www.econbiz.de/10012760117

The "Out of Africa" Hypothesis, Human Genetic Diversity, and Comparative Economic Development

Ashraf, Quamrul H. - 2011

This research argues that deep-rooted factors, determined tens of thousands of years ago, had a significant effect on the course of economic development from the dawn of human civilization to the contemporary era. It advances and empirically establishes the hypothesis that, in the course of the...

Persistent link: https://www.econbiz.de/10013122467

Growth Volatility and Financial Liberalization

Bekaert, Geert - 2012

We examine the effects of both equity market liberalization and capital account openness on real consumption growth variability. We show that financial liberalization is mostly associated with lower consumption growth volatility. Our results are robust, surviving controls for business-cycle...

Persistent link: https://www.econbiz.de/10012755765

Measuring the Unequal Gains from Trade

Fajgelbaum, Pablo D. - 2014

approach requires data on aggregate expenditures and parameters estimated from a non-homothetic gravity equation. We find that …

Persistent link: https://www.econbiz.de/10013050158

Rare Events and Long-Run Risks

Barro, Robert J. - 2016

Rare events (RE) and long-run risks (LRR) are complementary elements for understanding asset-pricing patterns, including the average equity premium and the volatility of equity returns. We construct a model with RE (temporary and permanent parts) and LRR (including stochastic volatility) and...

Persistent link: https://www.econbiz.de/10013001224