 | The Effect of Tariffs in Global Value Chains Author/Editor: Johannes Eugster, Florence Jaumotte, Margaux MacDonald, Roberto Piazza. Release Date:February, 2022 This paper empirically investigates the impact of tariffs when production is organized in global value chains. Using global input-output matrices, we construct four different tariff measures that more...
| Price: $5.00
|
| Are Bilateral Trade Balances Irrelevant? Author/Editor: Margaux MacDonald, Roberto Piazza, Johannes Eugster, Florence Jaumotte. Release Date:September, 2020 Based on an empirical gravity model of sectoral bilateral trade, we uncover three features of bilateral trade balances. First, the difficulty of gravity models in fitting the observed level of more...
| Price: $18.00
|
| Innovate to Lead or Innovate to Prevail: When do Monopolistic Rents Induce Growth? Author/Editor: Roberto Piazza, Yu Zheng. Release Date:December, 2019 This paper extends the Schumpeterian model of creative destruction by allowing followers’ cost of innovation to increase in their technological distance from the leader. This assumption is more...
| Price: $18.00
|
| International Knowledge Spillovers Author/Editor: Johannes Eugster, Giang Ho, Florence Jaumotte, Roberto Piazza. Release Date:December, 2018 How important is foreign knowledge for domestic innovation outcomes? How is this relation shaped by globalization and the attendant intensification of international competition? Our empirical more...
| Price: $18.00
|
| Is There a Phillips Curve? A Full Information Partial Equilibrium Approach Author/Editor: Roberto Piazza. Release Date:March, 2018 Empirical tests of the New Keynesian Phillips Curve have provided results often inconsistent
with microeconomic evidence. To overcome the pitfalls of standard estimations on aggregate
more...
| Price: $18.00
|
| Leadership Contestability, Monopolistic Rents and Growth Author/Editor: Roberto Piazza. Release Date:March, 2011 I construct an endogenous growth model where R&D is carried out at the industry level in a game of innovation between leaders and followers. Innovation costs for followers are assumed to more...
| Price: $18.00
|
| Financial Innovation and Risk, the Role of Information Author/Editor: Roberto Piazza. Release Date:November, 2010 Financial innovation has increased diversification opportunities and lowered investment costs, but has not reduced the relative cost of active (informed) investment strategies relative to passive more...
| Price: $18.00
|
| Growth and Crisis, Unavoidable Connection? Author/Editor: Roberto Piazza. Release Date:November, 2010 In emerging economies periods of rapid growth and large capital inflows can be followed by sudden stops and financial crises. I show that, in the presence of financial markets imperfections, a simple more...
| Price: $18.00
|
|
Help