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The American economy has undergone a dramatic structural change in the first decade of the 21st Century. The real-economy causes of this transformation, and their expression via the real estate market and its financial derivatives’ market, and their final manifestation in world financial...
Persistent link: https://www.econbiz.de/10005836611
outsourcing tax on an economy in which the production of a specific intermediate input has been fragmented and outsourced. If the … outsourced sector provides a non-traded input, the outsourcing tax can have adverse impact on labor even if it is the most … labor. In the case where the intermediate input is traded, the outsourcing tax closes down either the intermediate input …
Persistent link: https://www.econbiz.de/10014204750
Persistent link: https://www.econbiz.de/10003870903
Resource misallocation can lower aggregate total factor productivity (TFP).We use microdata on manufacturing establishments to quantify the potential extent of misallocation in China and India versus the United States. We measure sizable gaps in marginal products of labor and capital across...
Persistent link: https://www.econbiz.de/10015229576
Trade flows among countries have increased dramatically during the last globalization episode creating new winners and losers between and within countries. This paper revisits the contested topic of the impact of globalization on within-country inequality in Latin America from a historical...
Persistent link: https://www.econbiz.de/10010273442
The American economy has undergone a dramatic structural change in the first decade of the 21st Century. The real-economy causes of this transformation, and their expression via the real estate market and its financial derivatives’ market, and their final manifestation in world financial...
Persistent link: https://www.econbiz.de/10015268180
There are proposed convex and linear functions as convex differentials among subsets of commodity and price spaces in a convex and Euclidean space linearity. These subsets are tied together in the whole commodity and price space through fixed-points' equilibrium structure in the form of...
Persistent link: https://www.econbiz.de/10015268642
This document describes the Israeli Social Accounting Matrix (SAM) for the year 2004, developed by the Agricultural and Food Policy Group at the University of Hohenheim. The SAM is a part of a larger research project which aims to analyse several economic, trade, and labour policies in the...
Persistent link: https://www.econbiz.de/10011375028
Trump has promised to ‘make America great again’. As a self-proclaimed expert on everything of import, he knows exactly how to increase domestic investment and consumption, boost exports, reduce the country’s trade deficit, expand employment and bolster wages. And as America’s...
Persistent link: https://www.econbiz.de/10012102078
Trump has promised to Make America Great Again. As a self-proclaimed expert on everything of import, he knows exactly how to increase domestic investment and consumption, boost exports, reduce the country’s trade deficit, expand employment and bolster wages. And as America’s...
Persistent link: https://www.econbiz.de/10012142191