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In this paper, we provide a case study of the impact of globalization on income inequality using data across Chinese … demonstrate a greater decline in urban-rural income inequality. Thus, globalization has helped to reduce, rather than increase …
Persistent link: https://www.econbiz.de/10013219685
the links between them. In doing so, it distinguishes between (a) the different dimensions of globalization; and (b …) between-country and within-country inequality. Theory suggests that globalization will have very different implications for … within-country inequality, depending on the dimension of globalization involved (e.g. trade versus factor flows), on the …
Persistent link: https://www.econbiz.de/10013233220
income in the emerging market and in the industrialized country. Whereas trade globalization always has a positive effect on … the emerging market, financial globalization may not, especially when trade costs are high. For intermediate levels of …
Persistent link: https://www.econbiz.de/10013218441
indices of financial globalization' and evaluate the repercussions of turmoil in three emerging markets, which experienced …
Persistent link: https://www.econbiz.de/10013226155
We analyze the impact of financial globalization on asset prices, investment and the possibility of crashes driven by …
Persistent link: https://www.econbiz.de/10013227189
Globalization has made it possible for labor in developing countries to augment labor in the developed world, without …
Persistent link: https://www.econbiz.de/10013150645
known as the most distinct characteristic of Asian EMEs. Financial globalization seems to have made asset prices and …
Persistent link: https://www.econbiz.de/10012991684
and asset prices first rise and then fall. These results are in line with the post-globalization dynamics observed in …
Persistent link: https://www.econbiz.de/10013081498
The global economy has been buffeted by several unprecedented economic events during the past 35 years. We survey the impact of these events on Israel's development, institutions, and economic policies. Israel had a remarkable development during this time, from a low income high-inflation...
Persistent link: https://www.econbiz.de/10012984097
We construct and calibrate a model of the world economy in which countries' opportunities to develop depend on their trade with advanced economies. Trade opportunities in turn depend on the relative population of the advanced and developing world. As developing countries become advanced, they...
Persistent link: https://www.econbiz.de/10012781955