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Does Globalization Lower Wages and Export Jobs?

by Matthew J. Slaughter

A report from the International Monetary Fund.

Does Globalization Lower Wages and Export Jobs?

by Matthew J. Slaughter Phillip Swagel

A report from the International Monetary Fund.

The Effect of Globalization on Wages in the Advanced Economies

by Matthew J. Slaughter Phillip Swagel

A report from the International Monetary Fund.

International Trade in Services and Intangibles in the Era of Globalization

by Marshall Reinsdorf Matthew J. Slaughter

The celebrated economist Zvi Griliches's entire career can be viewed as an attempt to advance the cause of accuracy in economic measurement. Hard-to-Measure Goods and Services, a collection of papers from an NBER conference held in Griliches's honor, is a tribute to his many contributions to current economic thought. Here, leading scholars of economic measurement address issues in the areas of productivity, price hedonics, capital measurement, diffusion of new technologies, and output and price measurement in "hard-to-measure" sectors of the economy.

The Squam Lake Report: Fixing the Financial System

by Kenneth R. French Martin N. Baily John Y. Campbell John H. Cochrane Douglas W. Diamond Darrell Duffie Anil K Kashyap Frederic S. Mishkin Raghuram G. Rajan David S. Scharfstein Robert J. Shiller Hyun Song Shin Matthew J. Slaughter Jeremy C. Stein René M. Stulz

In the fall of 2008, fifteen of the world's leading economists--representing the broadest spectrum of economic opinion--gathered at New Hampshire's Squam Lake. Their goal: the mapping of a long-term plan for financial regulation reform. The Squam Lake Reportdistills the wealth of insights from the ongoing collaboration that began at these meetings and provides a revelatory, unified, and coherent voice for fixing our troubled and damaged financial markets. As an alternative to the patchwork solutions and ideologically charged proposals that have dominated other discussions, the Squam Lake group sets forth a clear nonpartisan plan of action to transform the regulation of financial markets--not just for the current climate--but for generations to come. Arguing that there has been a conflict between financial institutions and society, these diverse experts present sound and transparent prescriptions to reduce this divide. They look at the critical holes in the existing regulatory framework for handling complex financial institutions, retirement savings, and credit default swaps. They offer ideas for new financial instruments designed to recapitalize banks without burdening taxpayers. To lower the risk that large banks will fail, the authors call for higher capital requirements as well as a systemic regulator who is part of the central bank. They collectively analyze where the financial system has failed, and how these weak points should be overhauled. Combining an immense depth of academic, private sector, and public policy experience,The Squam Lake Reportcontains urgent recommendations that will positively influence everyone's financial well-being--all who care about the world's economic health need to pay attention.

Showing 1 through 5 of 5 results

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