Results of recent research suggest an increase in co-movement in house prices across countries since the mid-1980s, and this apparent increased synchronization has been attributed to greater globalization in the form of rising trade and financial flows. A similar line of research has indicated...

A number of previous studies (Barro and Sala-i-Martin, Grier) have attempted to gauge the differential impact of regressors such as human capital and investment on the performance of fast and slow growing economies. To date, most such studies impose a single marginal impact on all countries for...

Der Kapitalzustrom in die Entwicklungsländer war in den neunziger Jahren von einem starken Anstieg von vor allem Portfolio- und - in geringerem Maße - Direktinversitionen gekennzeichnet, während Bankkredite, die in den siebziger und achtziger Jahren dominierten, deutlich zurückgingen. Dies...

Many of the countries which experienced sharply rising home prices (often later described as bubbles) over the 2000s decade also ran substantial trade deficits. Some early research on the topic suggested that countries such as the US, Ireland, Spain and others with bubbles in their housing...