Jelle Barkema's Books

Stranded! How Rising Inequality Suppressed US Migration and Hurt Those Left Behind

By: Mr.Tamim Bayoumi,Jelle Barkema

Write a review Read reviews Take a Quiz Solve Book Puzzle

Stranded! How Rising Inequality Suppressed US Migration and Hurt Those Left Behind

By: Mr.Tamim Bayoumi,Jelle Barkema

Using bilateral data on migration across US metro areas, we find strong evidence that increasing house price and income inequality has reduced long distance migration, the type most linked to jobs. For those migrating uphill, from a less to a more prosperous location, lower mobility is driven by increasing house price inequlity, as the disincentives from higher house prices dominate the incentives from higher earnings. By contrast, increasing income inequality drives the fall in downhill migration as the disincentives from lower earnings dominate the incentives from lower house prices. The model underlines the plight of those trapped in decaying metro areas—those “left behind”.

Average ratings

N/A

Write a review

Solve jigsaw puzzle

Age

Page Count

Publisher

International Monetary Fund

Published Date

ISBN 10

1498318347

ISBN 13

9781498318341

License to Spill: How Do We Discuss Spillovers in Article IV Staff Reports

By: Jelle Barkema,Borislava Mircheva,Mr. Mico Mrkaic,Yuanchen Yang

Write a review Read reviews Take a Quiz Solve Book Puzzle

License to Spill: How Do We Discuss Spillovers in Article IV Staff Reports

By: Jelle Barkema,Borislava Mircheva,Mr. Mico Mrkaic,Yuanchen Yang

This paper dives into the Fund’s historical coverage of cross-border spillovers in its surveillance. We use a state-of-the-art deep learning model to analyze the discussion of spillovers in all IMF Article IV staff reports between 2010 and 2019. We find that overall, while the discussion of spillovers decreased over time, it was pronounced in the staff reports of some systemically important economies and during periods of global spillover events. Spillover discussions were more prominent in staff reports covering advanced and emerging market economies, possibly reflecting their role as sources of global spillovers. The coverage of spillovers was higher in the context of the real, financial, and external sectors. Also, countries with larger economies, higher trade and capital account openess and lower inflation are more likely to discuss spillovers in their Article IV staff reports.

Average ratings

N/A

Write a review

Solve jigsaw puzzle

Age

Page Count

Publisher

International Monetary Fund

Published Date

ISBN 10

1513573675

ISBN 13

9781513573670

Measuring Competitiveness in a World of Global Value Chains

By: Mr.Tamim Bayoumi,Maximiliano Appendino,Jelle Barkema,Diego A. Cerdeiro

Write a review Read reviews Take a Quiz Solve Book Puzzle

Measuring Competitiveness in a World of Global Value Chains

By: Mr.Tamim Bayoumi,Maximiliano Appendino,Jelle Barkema,Diego A. Cerdeiro

All common real effective exchange rate indexes assume trade is only in final goods, despite the growing presence of global supply chains. Extending effective exchange rate indexes to include such intermediate goods can imply radically different effective exchange rate weights, depending on the relative substitutability of goods in final demand and in production. Unfortunately, the effect of these shifts in weights are difficult to identify empirically because the two currencies most affected—the dollar and the renminbi—have moved closely together. As the renminbi becomes more flexible, however, it will be important to determine which assumptions are the most realistic.

Average ratings

N/A

Write a review

Solve jigsaw puzzle

Age

Page Count

Publisher

International Monetary Fund

Published Date

ISBN 10

1484382455

ISBN 13

9781484382455

The Inflexible Structure of Global Supply Chains

By: Mr.Tamim Bayoumi,Jelle Barkema,Diego A. Cerdeiro

Write a review Read reviews Take a Quiz Solve Book Puzzle

The Inflexible Structure of Global Supply Chains

By: Mr.Tamim Bayoumi,Jelle Barkema,Diego A. Cerdeiro

The rise of global supply chains has had profound effects on individual economies and the global trading system, thereby complicating standard macroeconomic analyses. For many of the new and challenging questions brought about by this phenomenon, such as its impact on the global business cycle and measurements of competitiveness, the answer largely depends on one specific aspect of global value chains: how easily they can re-configure in response to changes in prices. We propose a parsimonious, generalized specification to test the degree of global-supply-chain flexibility. Our estimates show that, in the short run, the production structure is highly inflexible, and that this rigidity has, if anything, risen over time as supply chains have deepened over time. This finding is robust to alternative price measures, including those that account for the U.S. dollar’s outsized role in trade through invoicing. While in the long run all estimated elasticities rise, supply chains remain somewhat inflexible. Our results have implications for analyses of cross-country business-cycle dynamics, the propagation of sectoral shocks, and the measurement of international competitiveness.

Average ratings

N/A

Write a review

Solve jigsaw puzzle

Age

Page Count

Publisher

International Monetary Fund

Published Date

ISBN 10

1513510568

ISBN 13

9781513510569

Stranded! How Rising Inequality Suppressed US Migration and Hurt Those Left Behind

By: Mr.Tamim Bayoumi,Jelle Barkema

Write a review Read reviews Take a Quiz Solve Book Puzzle

Stranded! How Rising Inequality Suppressed US Migration and Hurt Those Left Behind

By: Mr.Tamim Bayoumi,Jelle Barkema

Average ratings

N/A

Write a review

Solve jigsaw puzzle

Age

Page Count

Publisher

International Monetary Fund

Published Date

ISBN 10

1498318347

ISBN 13

9781498318341

Measuring Competitiveness in a World of Global Value Chains

By: Mr.Tamim Bayoumi,Maximiliano Appendino,Jelle Barkema,Diego A. Cerdeiro

Write a review Read reviews Take a Quiz Solve Book Puzzle

Measuring Competitiveness in a World of Global Value Chains

By: Mr.Tamim Bayoumi,Maximiliano Appendino,Jelle Barkema,Diego A. Cerdeiro

Average ratings

N/A

Write a review

Solve jigsaw puzzle

Age

Page Count

Publisher

International Monetary Fund

Published Date

ISBN 10

1484382455

ISBN 13

9781484382455

Book's by Jelle Barkema

Stranded! How Rising Inequality Suppressed US Migration and Hurt Those Left Behind

Stranded! How Rising Inequality Suppressed US Migration and Hurt Those Left Behind

License to Spill: How Do We Discuss Spillovers in Article IV Staff Reports

License to Spill: How Do We Discuss Spillovers in Article IV Staff Reports

Measuring Competitiveness in a World of Global Value Chains

Measuring Competitiveness in a World of Global Value Chains

The Inflexible Structure of Global Supply Chains

The Inflexible Structure of Global Supply Chains

Stranded! How Rising Inequality Suppressed US Migration and Hurt Those Left Behind

Stranded! How Rising Inequality Suppressed US Migration and Hurt Those Left Behind

Measuring Competitiveness in a World of Global Value Chains

Measuring Competitiveness in a World of Global Value Chains

Username

Password

Username

Password

Password again

Birthday

Email