Similar Search Results

Comparing the employment-output elasticities of expatriates and nationals in the Gulf Cooperation Council

Behar, Alberto - 2015

We estimate the elasticity of private-sector employment to non-oil GDP in the Gulf Cooperation Council (GCC) for GCC nationals and expatriates using a Seemingly Unrelated Error Correction (SUREC) model. Our results indicate that the employment response is lower for nationals, who have an...

Persistent link: https://www.econbiz.de/10011373929

Perfect storm : climate change and tourism

Cevik, Serhan; Ghazanchyan, Manuk - 2020

comprehensive adaptation policies to reduce vulnerabilities to climate change …

Persistent link: https://www.econbiz.de/10012392570

Long-term macroeconomic effects of climate change : a cross-country analysis

Kahn, Matthew E.; Mohaddes, Kamiar; Ng, Ryan N. C.; … - 2019

We study the long-term impact of climate change on economic activity across countries, using a stochastic growth model where labor productivity is affected by country-specific climate variables-defined as deviations of temperature and precipitation from their historical norms. Using a panel data...

Persistent link: https://www.econbiz.de/10012112126

Weather shocks and output in low-income countries : adaptation and the role of policies

Acevedo Mejia, Sebastian; Baccianti, Claudio; Mrkaic, Mico - 2019

We explore the extent to which macroeconomic policies, structural policies, and institutions can mitigate the negative relationship between temperature shocks and output in countries with warm climates. Empirical evidence and simulations of a dynamic general equilibrium model reveal that good...

Persistent link: https://www.econbiz.de/10012103566

Judicial System Reform in Italy : A Key to Growth

Esposito, Gianluca - 2014

The inefficiency of the Italian judicial system has contributed to reduced investments, slow growth and a difficult business environment. The enforcement of civil and commercial claims suffers from excessive delays in court proceedings, resulting in a very large number of pending cases. The...

Persistent link: https://www.econbiz.de/10014411149

Safe-Haven Korea? : Spillover Effects from UMPs

Ree, Jack - 2014

We examine how Korea’s capital flows and trade have been affected by the quantitative easing (QE) of the United States and the quantitative and qualitative easing (QQME) of Japan. Korea is an intriguing case due to its borderline position between advanced and emerging market country groups,...

Persistent link: https://www.econbiz.de/10014411174

Global Financial Shocks and Foreign Asset Repatriation : Do Local Investors Play a Stabilizing Role?

Adler, Gustavo - 2014

We study the dynamic response of gross capital flows in emerging market economies to different global financial shocks, using a panel vector-autoregressive (PVAR) setting. Our focus lies primarily on the potentially stabilizing role played by domestic investors in offsetting the response of...

Persistent link: https://www.econbiz.de/10014411249

Capital Flow Deflection

Giordani, Paolo - 2014

This paper focuses on the coordination problem among borrowing countries imposing controls on capital infl ows. In a simple model of capital flows and controls, we show that inflow restrictions distort international capital flows to other countries and that, in turn, such capital flow deflection...

Persistent link: https://www.econbiz.de/10014411429

Non-FDI Capital Inflows in Low-Income Developing Countries : Catching the Wave?

Araujo, Juliana Dutra - 2015

constructs a new comprehensive dataset on gross private capital flows with special focus on non-FDI flows in LIDCs. Concentrating … on LIDCs and more specifically on gross non-FDI private flows is intentionally aimed at closing a gap in existing …, it identifies several shifting patterns of gross non-FDI private inflows to LIDCs. A surprising fact emerges: since the …

Persistent link: https://www.econbiz.de/10014412117

Too Much of a Good Thing? : Prudent Management of Inflows under Economic Citizenship Programs

Xu, Xin - 2015

Economic Citizenship Programs (ECPs) have recently been proliferating, with large and potentially volatile inflows of investment and fiscal revenues generating significant benefits for small economies, but also posing substantial challenges. This paper discusses recent developments and...

Persistent link: https://www.econbiz.de/10014412124