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Distribution and growth in an economy with limited needs
Saint-Paul, Gilles - 2001
knowledge sector is bounded, as productivity increases, the economy moves from a "Solovian zone" where wages increase with … productivity, to a "Marxian" zone where the paradoxically decline with productivity. This is because as consumption of a given good … more unevenly distributed then productivity, technical progress always increases inequality. Redistribution from profits to …
Persistent link: https://www.econbiz.de/10011401020
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Economic growth and political integration : estimating the benefits from membership in the European Union using the synthetic counterfactuals method
Campos, Nauro; Coricelli, Fabrizio; Moretti, Luigi - 2014
counterfactuals method, we estimate how GDP per capita and labour productivity would have behaved for the countries that joined the …
Persistent link: https://www.econbiz.de/10010350820
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How deep is your love? : a quantitative spatial analysis of the transatlantic trade partnership
Krebs, Oliver; Pflüger, Michael - 2015
This paper explores the quantitative consequences of transatlantic trade liberalization envisioned in a Transatlantic Trade and Investment Partnership (TTIP) between the United States and the European Union. Our key innovation is to develop a new quantitative spatial trade model and to use an...
Persistent link: https://www.econbiz.de/10010516481
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Completing the monetary union of Europe as mid-term solution of the Euro crisis
Fischer, Justina A. V.; Pastore, Francesco - 2015
This research note discusses the Euro crisis in Greece in light of the referendum of July the 5th. It lays out the social and political costs of a GREXIT, but also of a continuing austerity policy. It proposes a reform policy fostering growth in Greece and discusses the role of conditionality....
Persistent link: https://www.econbiz.de/10011308548
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Product market integration, wage dispersion and unemployment
Andersen, Torben M. - 2001
Even when international product market integration is taking place between fairly similar countries with low labour mobility, it may have important effects for labour markets by increasing the mobility of jobs. This creates both opportunities through exports and threats from imports. Is there...
Persistent link: https://www.econbiz.de/10011401073
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A primer on the 35-hour in France, 1997 - 2007
Askenazy, Philippe (contributor) - 2008
creation or productivity, labor relations or adaptation of firms to regulation. This paper provides a primer for researchers …
Persistent link: https://www.econbiz.de/10003666478
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European innovation dynamics and US economic impact : theory and empirical analysis
Welfens, Paul J. J.; Irawan, Tony - 2014
The role of product innovations is growing in the world economy, and the EU and the US are key players here. The analysis presented herein explains product innovations in the EU25 for the period 2006-2012, namely through lagged R&D (relative to GDP), cumulated FDI inflows (relative to the host...
Persistent link: https://www.econbiz.de/10010409773
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Europe agreements and trade balance : evidence from four new EU members
Caporale, Guglielmo Maria; Rault, Christophe; Sova, Robert - 2011
This paper analyses the trade balance effects of Europe agreements (EA) between the EU-15 and four new EU members from Central and Eastern Europe (CEEC-4) using both static and dynamic panel data approaches. Specifically, the system Generalized Method of Moments (GMM, Blundell and Bond, 1998)...
Persistent link: https://www.econbiz.de/10009296317
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Globalisation, inequality and poverty relationships : a cross country evidence
Neutel, Marcel (contributor); Heshmati, Almas (contributor) - 2006
In this research, the relationship between globalisation and poverty and income inequality is determined. A whole new globalisation index has been constructed based on data covering a large sample of 65 developing countries. The index is based on the globalisation index proposed by A.T. Kearney...
Persistent link: https://www.econbiz.de/10003355554
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An adverse social welfare effect of quadruply gainful trade
Stark, Oded; Kosiorowski, Grzegorz - 2020
Acknowledging that individuals dislike having low relative income renders trade less attractive when seen as a technology that integrates two economies by merging separate social spheres into one. We define a "trembling trade" as a situation in which gains from trade are less than losses in...
Persistent link: https://www.econbiz.de/10012295537