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The Chinese Corporate Savings Puzzle : A Firm-level Cross-country Perspective
Bayoumi, Tamim - 2010
China's high corporate savings rate is commonly claimed to be a key driver for the country's large current account …
Persistent link: https://www.econbiz.de/10012462224
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What We Spend and What We Get : Public and Private Provision of Crime Prevention
Witte, Ann Dryden - 2001
In this paper, we consider a number of issues regarding crime prevention and criminal justice. We begin by considering how crime is measured and present both general and specific evidence on the level of crime in a variety of countries. Crime is pervasive and varies substantially across...
Persistent link: https://www.econbiz.de/10012470520
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Is Public R&D a Complement or Substitute for Private R&D? A Review of the Econometric Evidence
David, Paul A. - 1999
Is public R&D spending complementary and thus "additional" to private R&D spending, or does it substitute for and tend to "crowd out" private R&D? Conflicting answers are given to this question. We survey the body of available economectric evidence accumulated over the past 35 years. A framework...
Persistent link: https://www.econbiz.de/10012471411
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Inflation targeting and private sector forecasts
Cecchetti, Stephen G. - 2009
In this paper we study the degree to which increased information about monetary policy might lead to individuals coordinating their forecasts. Specifically, we estimate a series of simple models to measure the impact of inflation targeting on the dispersion of private sector forecasts of...
Persistent link: https://www.econbiz.de/10012463225
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Funding in Public Sector Pension Plans - International Evidence
Ponds, Eduard - 2011
In order to arrive at a fair comparison between countries regarding the fiscal burden of their DB public sector pension plans, this paper gathers more evidence on public sector pension plans regarding the type of pension promise and quantifies the future tax burden related to these pension...
Persistent link: https://www.econbiz.de/10012461575
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U.S. Job Flows and the China Shock
Asquith, Brian J. - 2017
the industry and commuting-zone levels, and then estimates the impact of the `China shock' on each job-flow type. The … China shock is accounted for by either the increase in Chinese import penetration in the U.S., or by the U.S. policy change … that granted Permanent Normal Trade Relations (PNTR) status to China. We find that the China shock affects U.S. employment …
Persistent link: https://www.econbiz.de/10012453633
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Wiring the Labor Market
Autor, David - 2000
Workers and jobs are naturally heterogeneous and the quality of their interaction when paired is difficult to forecast. The Internet promises to open new channels for worker-firm communications. What are the consequences of this opening? I discuss three labor market features that may be altered:...
Persistent link: https://www.econbiz.de/10012470777
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Trade Liberalization and Labor Market Adjustment in Botswana
McMillan, Margaret S. - 2019
We study the effects of domestic trade liberalization on labor markets in Botswana. South Africa is the dominant member of the Southern Africa Customs Union. As such, when South Africa liberalized trade in the 1990s, this induced large and plausibly exogenous tariff reductions for the other...
Persistent link: https://www.econbiz.de/10012480271
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Dynamic Globalization and Its Potentially Alarming Prospects for Low-Wage Workers
Fehr, Hans - 2008
Indian productivity improvements. But China's and India's education policies matter. If successive Chinese and Indian cohorts …-region -- U.S., Europe, N.E. Asia (Japan, Korea, Taiwan, Hong Kong), China, and India -- general equilibrium, life-cycle model …
Persistent link: https://www.econbiz.de/10012464120
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Occupational Choice and Development
Eeckhout, Jan - 2007
The rise in world trade since 1970 has raised international mobility of labor services. We study the effect of such a globalization of the world's labor markets. We find that when people can choose between wage work and managerial work, the output gains are U-shaped: A worldwide labor market...
Persistent link: https://www.econbiz.de/10012464960