Globalization, labor markets and policy backlash in the past

Article Abstract:

It is important to look with caution at theories indicating that rapid globalization between 1850 and 1914 had a substantial distributional effect within participating countries and that this effect played a role in creating a globalization backlash which caused a shift towards more restrictive immigration and tariff policies before the first world war. It can be argued that there is unlikely to be a repeat of the move towards de-globalization seen between 1914 and 1950. However, this does not mean that a globalization backlash will not take place in the future.

History, International economic relations

---

Evidence on discrimination in consumer markets

Article Abstract:

Statistical evidence shows that discrimination in consumer markets has not abated as reflected in the experiences of African American and Hispanic households in housing or car purchase. This conclusion directly contradicts the argument of economists that discrimination in consumer markets will eventually disappear because discriminating firms will be driven out of business by their unprejudiced competitors. Discrimination is driven by a will to make profits, thus competition will not eliminate the discriminatory behavior of firms.

Economic aspects, Race discrimination, Hispanic American consumers, African American consumers

---

Bias in the Consumer Price Index: what is the evidence?

Article Abstract:

The US Consumer Price Index (CPI) has a bias of 1.5 percent which overstates changes in the cost of living . The Senate Finance Committee investigated the matter in 1995 and estimated that the CPI has a projected bias of 1 percent per year for the future. A bias of this magnitude affects the assessment of the growth of the economy and the well being of its members. The results may be altered by changes in the demographic and economic conditions. The problems of price data measurement provides opportunities for further research.

Evaluation, Measurement, Surveys, Economic development, Price indexes, Consumer price indexes

Similar abstracts:

• Abstracts: Global market: ready to pop. Seed marketing reinvented. If you advertise it, will they come?
• Abstracts: Deregulation and the labor market. Protection and social order. Complexity, organization, and Stuart Kauffman's 'The Origins of Order.'
• Abstracts: Monetary policy centralization, rules, discretion, and conservative central bankers in the European Monetary System (EMS)
• Abstracts: Competitivity in auction markets: an experimental and theoretical investigatioin. Risk-return measures of hedging effectiveness: the case of multiple cash andfutures markets
• Abstracts: Machinery that helps meet market demands. Building contacts. Building machinery for the best

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.