Local multipliers in tradables and non-tradables
, 2017 In this thesis, I study the local employment multiplier effect; the effect of employment in the tradable sector on employment in the non-tradable sector of the same region. Using a reduced form regression with a shift-share instrument I find a significant local multiplier effect in Metropolitan Statistical Areas in the USA.
openaire +1 more source
Undervaluation through foreign reserve accumulation : static losses, dynamic gains [PDF]
This paper shows that real exchange rate undervaluation through the accumulation of foreign reserves may improve welfare in economies with learning-by-investing externalities that arise disproportionately from the tradable sector.
Korinek, Anton, Serven, Luis
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Multiplicador local do emprego: Mesorregiões Brasileiras (2000-2010) [PDF]
, 2014 This paper estimates the local employment multiplier for Brazil (2000-2010). The methodology is based on Moretti (2010) and Moretti and Thulin (2012) who estimated these multipliers for the U.S. and Sweden.
Macedo, Guilherme Matoso +1 more
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Monetary Policy, Investor Sentiment and Stock Price Bubble: Evidence From China
Accounting &Finance, EarlyView.ABSTRACT The empirical results indicate that an increase in interest rates may stimulate a significant and persistent stock price bubble, which is consistent with rational asset price bubble theory. This finding suggests that central banks should implement anti‐turbulent monetary policy with caution, since inappropriate tightening may unintentionally ...
Jiahao Gong +3 more
wiley +1 more source
The dynamics of inequality change in a highly dualistic economy: Honduras, 1991-2007 [PDF]
, 2012 We examine the drivers of inequality change in Honduras between 1991-2007, trying to understand why inequality increased in Honduras until 2005, while it was falling in most other Latin American countries.
Klasen, Stephan +2 more
core +2 more sources
Mexico: Determinants of the real exchange rate, 2001.01-2022.12. [PDF]
PLoS One, 2023 Loría E, Nalin L.
europepmc +1 more source
Trade Liberalization, Gender Segmentation, and Wage Discrimination: Evidence from Egypt [PDF]
, 2008 This study evaluates the impact of trade liberalization and reductions in trade barriers on gender wage inequality in Egypt by using recent Egypt Labor Market Panel Survey (ELMPS 06) and comparing two years representing early stage (1998) and advanced ...
El-Hamidi, Fatma
core +3 more sources
Private Land Ownership: Tax or Socialize?
The American Journal of Economics and Sociology, EarlyView.ABSTRACT This study compares the land reform concepts of Henry George and Silvio Gesell, both of whom rejected private appropriation of land rent as unjust. While George proposed to “hollow out” private land ownership through a comprehensive land value tax, Gesell aimed at full socialization of land combined with lease auctions and compensation of ...
Dirk Loehr
wiley +1 more source
Functional distribution of income and economic activity in Croatia: Post-Keynesian approach [PDF]
Zbornik radova Ekonomskog fakulteta u Rijeci : časopis za ekonomsku teoriju i praksu, 2014 The aim of this paper is to quantify the effects of changes in functional income distribution on selected macroeconomic variables in Croatia in period from 2000-2012.
Boris Vujčić +3 more
doaj
What explains high unemployment? The aggregate demand channel [PDF]
A drop in aggregate demand driven by shocks to household balance sheets is responsible for a large fraction of the decline in U.S. employment from 2007 to 2009.
Amir Sufi, Atif R. Mian
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