CEPR Discussion Paper Series最新文献_第9页

Testing Predictions on Supplier Governance from the Global Value Chains Literature 从全球价值链文献中检验供应商治理预测

CEPR Discussion Paper Series Pub Date : 2020-04-01 DOI: 10.1093/icc/dtab034

Johannes Van Biesebroeck, A. Schmitt

引用次数: 2

Ageing-Driven Migration and Redistribution: Comparing Policy Regimes 老龄化驱动的移民和再分配:比较政策制度

CEPR Discussion Paper Series Pub Date : 2020-04-01 DOI: 10.3386/w26998

A. Razin, Alexander Horst Schwemmer

引用次数: 0

High Order Openness 高阶开放性

CEPR Discussion Paper Series Pub Date : 2020-04-01 DOI: 10.2139/ssrn.3595049

J. Imbs, Laurent L. Pauwels

引用次数: 2

Global Giants and Local Stars: How Changes in Brand Ownership Affect Competition 全球巨头与本地明星:品牌所有权的变化如何影响竞争

CEPR Discussion Paper Series Pub Date : 2020-04-01 DOI: 10.18235/0003333

Vanessa Alviarez, K. Head, T. Mayer

引用次数: 20

Voluntary and Mandatory Social Distancing: Evidence on COVID-19 Exposure Rates from Chinese Provinces and Selected Countries 自愿和强制性保持社会距离:中国各省和选定国家COVID-19暴露率的证据

CEPR Discussion Paper Series Pub Date : 2020-04-01 DOI: 10.24149/gwp382

A. Chudik, M. Pesaran, A. Rebucci

{"title":"Voluntary and Mandatory Social Distancing: Evidence on COVID-19 Exposure Rates from Chinese Provinces and Selected Countries","authors":"A. Chudik, M. Pesaran, A. Rebucci","doi":"10.24149/gwp382","DOIUrl":"https://doi.org/10.24149/gwp382","url":null,"abstract":"This paper considers a modification of the standard Susceptible-Infected-Recovered (SIR) model of epidemic that allows for different degrees of compulsory as well as voluntary social distancing. It is shown that the fraction of population that self-isolates varies with the perceived probability of contracting the disease. Implications of social distancing both on the epidemic and recession curves are investigated and their trade off is simulated under a number of different social distancing and economic participation scenarios. We show that mandating social distancing is very effective at flattening the epidemic curve, but is costly in terms of employment loss. However, if targeted towards individuals most likely to spread the infection, the employment loss can be somewhat reduced. We also show that voluntary self-isolation driven by individual's perceived risk of becoming infected kicks in only towards the peak of the epidemic and has little or no impact on flattening the epidemic curve. Using available statistics and correcting for measurement errors, we estimate the rate of exposure to COVID-19 for 21 Chinese provinces and a selected number of countries. The exposure rates are generally small, but vary considerably between Hubei and other Chinese provinces as well as across countries. Strikingly, the exposure rate in Hubei province is around 40 times larger than the rates for other Chinese provinces, with the exposure rates for some European countries being 3-5 times larger than Hubei (the epicenter of the epidemic). The paper also provides country-specific estimates of the recovery rate, showing it to be about 21 days (a week longer than the 14 days typically assumed), and relatively homogeneous across Chinese provinces and for a selected number of countries.","PeriodicalId":121231,"journal":{"name":"CEPR Discussion Paper Series","volume":"8 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-04-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"126821555","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 95

Comparative Advantage in (Non-)Routine Production (非)常规生产的比较优势

CEPR Discussion Paper Series Pub Date : 2020-04-01 DOI: 10.2139/ssrn.3593376

Liza Archanskaia, Johannes van Biesebroeck, Gerald Willmann

{"title":"Comparative Advantage in (Non-)Routine Production","authors":"Liza Archanskaia, Johannes van Biesebroeck, Gerald Willmann","doi":"10.2139/ssrn.3593376","DOIUrl":"https://doi.org/10.2139/ssrn.3593376","url":null,"abstract":"We illustrate a new source of comparative advantage that is generated by countries’ diﬀerent ability to adjust to technological change. Our model introduces substitution of workers in codiﬁable (routine) tasks with more efﬁcient machines, a process extensively documented in the labor literature, into a canonical 2 × 2 × 2 Heckscher-Ohlin model. Our key hypothesis is that labor reallocation across tasks is subject to frictions, the importance of which varies by country. The arrival of capital-augmenting innovations triggers the movement of workers out of routine tasks, and countries with low labor market frictions become relatively abundant in non-routine labor. In the new equilibrium, more ﬂexible countries specialize in producing goods that use non-routine labor more intensively. We document empirically that the ranking of countries with respect to the routine intensity of their exports is strongly related to labor market institutions and to cultural norms that inﬂuence adjustment to technological change, such as risk aversion or long-term orientation. The explanatory power of this mechanism for trade ﬂows is especially strong for intra-EU trade.","PeriodicalId":121231,"journal":{"name":"CEPR Discussion Paper Series","volume":"114 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-04-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"130198187","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

A Political Model of Trust 信任的政治模式

CEPR Discussion Paper Series Pub Date : 2020-04-01 DOI: 10.2139/ssrn.3585370

Marina Agranov, Ran Eilat, K. Sonin

引用次数: 6

Optimal Covid-19 Quarantine and Testing Policies 最佳Covid-19隔离和检测策略

CEPR Discussion Paper Series Pub Date : 2020-04-01 DOI: 10.1093/ej/ueac026

F. Piguillem, Liyan Shi

引用次数: 245

The Ties that Bind Us: Social Networks and Productivity in the Factory 联系我们的纽带:工厂中的社会网络和生产力

CEPR Discussion Paper Series Pub Date : 2020-04-01 DOI: 10.2139/ssrn.3695412

Farzana Afridi, A. Dhillon, Swati Sharma

引用次数: 5

Economic Policy Incentives to Preserve Lives and Livelihoods 保护生命和生计的经济政策激励措施

CEPR Discussion Paper Series Pub Date : 2020-04-01 DOI: 10.3386/w27020

Roberto Chang, A. Velasco

{"title":"Economic Policy Incentives to Preserve Lives and Livelihoods","authors":"Roberto Chang, A. Velasco","doi":"10.3386/w27020","DOIUrl":"https://doi.org/10.3386/w27020","url":null,"abstract":"The Covid-19 pandemic has motivated a myriad of studies and proposals on how economic policy should respond to this colossal shock. But in this debate it is seldom recognized that the health shock is not entirely exogenous. Its magnitude and dynamics themselves depend on economic policies, and the explicit or implicit incentives those policies provide. To illuminate the feedback loops between medical and economic factors we develop a minimal economic model of pandemics. In the model, as in reality, individual decisions to comply (or not) with virus-related public health directives depend on economic variables and incentives, which themselves respond to current economic policy and expectations of future policies. The analysis yields several practical lessons: because policies affect the speed of virus transmission via incentives, public health measures and economic policies can complement each other, reducing the cost of attaining desired social goals; expectations of expansionary macroeconomic policies during the recovery phase can help reduce the speed of infection, and hence the size of the health shock; the credibility of announced policies is key to rule out both self-fulfilling pessimistic expectations and time inconsistency problems. The analysis also yields a critique of the current use of SIR models for policy evaluation, in the spirit of Lucas (1983).","PeriodicalId":121231,"journal":{"name":"CEPR Discussion Paper Series","volume":"115 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-04-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"117172251","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 44