عنوان
پدید آورنده
موضوع
رده
کتابخانه
محل استقرار
NATIONAL BIBLIOGRAPHY NUMBER
Country Code
IR
Number
79T
LANGUAGE OF THE ITEM
.Language of Text, Soundtrack etc
انگلیسی
COUNTRY OF PUBLICATION OR PRODUCTlON
Country of publication
IR
TITLE AND STATEMENT OF RESPONSIBILITY
Title Proper
Essays on economic aspects of technological growth and globalization
General Material Designation
[Thesis]
Subsequent Statement of Responsibility
;supervisor Ball, Laurence M., Maccini, Louis J.
.PUBLICATION, DISTRIBUTION, ETC
Name of Publisher, Distributor, etc.
The Johns Hopkins University: United States -- Maryland
Date of Publication, Distribution, etc.
: 2008
PHYSICAL DESCRIPTION
Specific Material Designation and Extent of Item
135 pages
DISSERTATION (THESIS) NOTE
Dissertation or thesis details and type of degree
Ph.D.
Body granting the degree
, The Johns Hopkins University: United States -- Maryland
SUMMARY OR ABSTRACT
Text of Note
This dissertation studies economic aspects of technological progress and globalization. Chapter 2 studies the impact of productivity growth change on the inflation-unemployment tradeoff resulting from slowly adjusting expectations. This slow adjustment could explain the impact of productivity growth change on the inflation-unemployment tradeoff, as observed in the US in late 1990s. The productivity growth change should result in a corresponding change of labor income growth; however, if expectations adjust slowly, the income growth adjustment could be insufficient. This could result in inflation or unemployment changes. Our estimations of the Phillips curve with unexpected productivity growth support this idea.Chapter 3 tests the impact of product standards on international trade. We use a gravity model to examine the impact of EU standards on African textiles and agricultural exports, sectors of particular development interest. We had robust evidence that standards raiuce African exports of these products. We address the problem of endogeneity, where products that are highly traded are also subject to an increased number of standards due to protectionist purposes. We estimate separately the impact of EU standards which are harmonized to international standards and should be exogenous and separately the impact of internal EU standards. We also conclude that efforts to harmonize national standards with international norms promise concrete benefits through trade expansion.Chapter 4 studies consequences of monetary integration in Europe for financial markets. In particular we study jump components (defined as discontinuous or sharp price changes) in the volatility of prices of financial assets before and after the introduction of the Euro in 1999. We study evolution of correlations of the estimated jump components across the markets, depending on their distribution. We find that the introduction of the Euro increased co-movement of jumps in financial markets in the participating countries compared to other markets. We find that effect is much stronger for fixed income than equity instruments (as expected). We associate the changes with integration of monetary policymaking in the Euro area countries.
TOPICAL NAME USED AS SUBJECT
Economics
Finance
Studies
UNCONTROLLED SUBJECT TERMS
Subject Term
Phillips Curve
Subject Term
Macroeconomic news
Subject Term
International trade
Subject Term
Realized volatility
Subject Term
Technical barriers to trade
Subject Term
Jumps
Subject Term
Technological growth
Subject Term
Globalization
PERSONAL NAME - PRIMARY RESPONSIBILITY
Czubala, Witold
ORIGINATING SOURCE
Country
ایران
Agency
National Center for Globalization Studies
old catalog
TL
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