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Articles 1 - 5 of 5
Full-Text Articles in Macroeconomics
The Effects Of Globalization On An Emerging Economy: The Case Of South Africa, Oluwasheyi S. Oladipo
The Effects Of Globalization On An Emerging Economy: The Case Of South Africa, Oluwasheyi S. Oladipo
Dissertations, Theses, and Capstone Projects
This dissertation examines how globalization influences selected aspects of an emerging economy, using South Africa as a case study. The dissertation consists of three chapters: two microeconomic studies and one macroeconomic paper on the effects of globalization on some of the factors affecting economic growth. One micro paper explores the impacts of openness on inequality (Chapter 1), another investigates the impacts of trade liberalization on manufacturing sector wages (Chapter 2), and the macro study, which is the final chapter, examines the effects of inflation targeting on exchange rate pass through to domestic prices (Chapter 3).
In 1994, apartheid ended in …
The Urban Density Premium Across Establishments, R. Jason Faberman, Matthew Freedman
The Urban Density Premium Across Establishments, R. Jason Faberman, Matthew Freedman
Matthew Freedman
The Distribution Of Globalized Power, Rachel Canter
The Distribution Of Globalized Power, Rachel Canter
Best Integrated Writing
Canter reviews Thomas Friedman’s The Lexus and the Olive Tree and observes the dissonance between our notions of globalization and global society; she offers an alternate worldview that pays respect to regional cultures and values.
Labor Market Challenges In Europe With Respect To The Migrant Crisis, Thomas M. Segerstrom
Labor Market Challenges In Europe With Respect To The Migrant Crisis, Thomas M. Segerstrom
Student Publications
Advocates and opponents of European refugee policy have disagreed often over the economic impact of new asylum seekers. This paper analyzes characteristic qualities of the European labor market and how they relate to the recent changes in migration from the Middle East and Africa. Within is analysis of the impacts to gross domestic product, unemployment, and the welfare state that the arrival of additional persons to the low-wage market will bring. The paper also argues that a plan to distribute asylum seekers across the European Union is an equitable solution to the issue.
An Estimated Open-Economy Dsge Model With Search-And-Matching Frictions: The Case Of Hungary, Istvan Konya, Zoltán Jakab
An Estimated Open-Economy Dsge Model With Search-And-Matching Frictions: The Case Of Hungary, Istvan Konya, Zoltán Jakab
Istvan Konya
This paper builds and estimates a mediumscale, small open economy DSGE model augmented with search-and-matching frictions in the labor market, and different wage setting behavior in new and existing jobs. The model is estimated using Hungarian data between 2001-2008. We find that: (i) the inclusion of matching frictions significantly improves the model’s empirical fit; (ii) the extent of new hires wage rigidity is quantitatively important for keymacro variables; (iii) labor market shocks do not play an important role in inflation dynamics, but the structure of the labor market influences the monetary transmission mechanism.