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Multi-product Firms and Product Turnover in the Developing World : Evidence from India

Goldberg, Pinelopi K. - 2008

Recent theoretical work predicts that an important margin of adjustment to deregulation or trade reforms is the … detailed firm-level data from India, we provide the first evidence on the patterns of multi-product firm production in a large …-section, multi-product firms in India look remarkably similar to their U.S. counterparts, confirming the predictions of recent …

Persistent link: https://www.econbiz.de/10012464518

Global Shocks, Institutional Development, and Trade Restrictions : What Can We Learn from Crises and Recoveries Between 1990 and 2022?

Aizenman, Joshua; Itō, Hiro; Park, Donghyun; Saadaoui, … - National Bureau of Economic Research - 2025

The Global Financial Crisis and the COVID-19 pandemic were two major shocks to the world economy in the 21st century. In this study, we analyze the patterns of recessions and recoveries of 101 advanced and developing economies. We identify the turning points of recessions and expansions between...

Persistent link: https://www.econbiz.de/10015409788

The Global Dollar Cycle

Obstfeld, Maurice; Zhou, Haonan - National Bureau of Economic Research - 2023

The U.S. dollar's nominal effective exchange rate closely tracks global financial conditions, which themselves show a cyclical pattern. Over that cycle, world asset prices, leverage, and capital flows move in concert with global growth, especially influencing the fortunes of emerging and...

Persistent link: https://www.econbiz.de/10014247924

Democracy and Reforms : Evidence from a New Dataset

Giuliano, Paola - 2012

Empirical evidence on the relationship between democracy and economic reforms is limited to few reforms, countries, and periods. This paper studies the effect of democracy on the adoption of economic reforms using a new dataset on reforms in the financial, capital and banking sectors, product...

Persistent link: https://www.econbiz.de/10012460542

The Euro and Structural Reforms

Alesina, Alberto - 2008

, defined as deregulation in the product markets and liberalization and deregulation in the labor markets. After reviewing the …

Persistent link: https://www.econbiz.de/10012464168

Democracy and Development : The Devil in the Details

Persson, Torsten - 2006

Does democracy promote economic development? We review recent attempts to address this question, which exploit the within-country variation associated with historical transitions in and out of democracy. The answer is positive, but depends -- in a subtle way -- on the details of democratic...

Persistent link: https://www.econbiz.de/10012466677

What Have Two Decades of British Economic Reform Delivered?

Card, David - 2002

Beginning in 1979 with the newly electted Thatcher Government and continuing under successive Conservative and Labour Governments, the United Kingdom has embarked on a two-decade-long experiment in economic reform. We present evidence that the reform process has succeeded in making the UK more...

Persistent link: https://www.econbiz.de/10012469914

Open Borders

Kennan, John - 2012

There is a large body of evidence indicating that cross-country differences in income levels are associated with differences in productivity. If workers are much more productive in one country than in another, restrictions on immigration lead to large efficiency losses. The paper quantifies...

Persistent link: https://www.econbiz.de/10012460354

Trade versus Investment Liberalization

Markusen, James R. - 1997

Despite several theoretical contributions and considerable informal empirical evidence" to the contrary, a notion that trade and investment are substitutes persists in trade policy" analysis. This paper considers the liberalization of commodity trade versus liberalization" allowing direct...

Persistent link: https://www.econbiz.de/10012472580

Trade Shocks and Labor Adjustment : A Structural Empirical Approach

Artuc, Erhan - 2007

sharp movements in wages, in response to a trade shock. Simulations of a trade liberalization indicate that despite the high …

Persistent link: https://www.econbiz.de/10012465183