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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP14776 |
DP14776 DEglobalizaion and Social Safety Nets in Post-Covid-19 Era: Textbook Macroeconomic Analysis | |
Assaf Razin | |
发表日期 | 2020-05-18 |
出版年 | 2020 |
语种 | 英语 |
摘要 | Globalization is expected to be reversed, at least partially, in the post pandemic era. The Great Financial Recession of 2008–10 marked a historic turning point in the direction of weakening the degree of global economic integration. Now, in the post-pandemic era, policymakers appear poised to take deliberate steps to reinforce the movement toward de-globalization. At the same time, safety nets are expected to be strengthened. In this paper, we develop a model, with which we analyze central macroeconomic interactions between globalization and safety nets. We put together stylized elements of trade globalization, financial globalization, international tax competition, immigration, and welfare state, all in a two-skill, two-period stylized model, where policy (taxes and social benefits) is determined through majority voting. |
主题 | International Macroeconomics and Finance |
关键词 | Deglobalization Social safety nets |
URL | https://cepr.org/publications/dp14776 |
来源智库 | Centre for Economic Policy Research (United Kingdom) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/543705 |
推荐引用方式 GB/T 7714 | Assaf Razin. DP14776 DEglobalizaion and Social Safety Nets in Post-Covid-19 Era: Textbook Macroeconomic Analysis. 2020. |
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