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Endogenous growth, skill obsolescence and fiscal multipliers

Lechthaler, Wolfgang; Tesfaselassie, Mewael F. - 2021

We analyze the effects of government spending in a New-Keynesian model with search and matching frictions featuring endogenous growth through learning-by-doing and skill loss from long-term unemployment. We show that medium-run and long-run output and unemployment multipliers are much larger...

Persistent link: https://www.econbiz.de/10012514996

Financial market development in host and source countries and its effects on bilateral FDI

Donaubauer, Julian; Neumayer, Eric; Nunnenkamp, Peter - 2016

We estimate gravity-type models to assess the effects of financial market development in the host and source countries on bilateral FDI stocks. We address potential reverse causality, inter alia by performing instrumental variable estimations and restricting the sample to observations where...

Persistent link: https://www.econbiz.de/10011429900

Globalisierung der Automobilindustrie : neue Standorte auf dem Vormarsch, traditionelle Anbieter unter Druck?

Nunnenkamp, Peter - 2000

Der Beitrag analysiert die internationalen Produktionsverlagerungen und Investitionsverflechtungen in der Automobilindustrie, um die These zu überprüfen, dass es selbst bei der Herstellung relativ wissensund technologieintensiver Güter zu einem nachdrängenden Wettbewerb aus Ländern mit...

Persistent link: https://www.econbiz.de/10011491137

Recent patterns of post-conflict aid : did donors help sustain peace?

Nunnenkamp, Peter - 2016

Donor reactions to recent settlements of internal conflicts have been highly diverse, in terms of both overall aid and its sectoral composition. The allocation of post-conflict aid tends to be needs-based by favoring particularly poor countries. There is no conclusive evidence, however, that the...

Persistent link: https://www.econbiz.de/10011494703

Shooting the messenger of good news : a critical look at the World Bank's success story of effective aid

Nunnenkamp, Peter - 2002

In a report presented at the UN Conference on Financing for Development in March 2002, the World Bank claims that the … policies. However, the World Bank's success story rests on an extremely weak foundation: First, the institution's contribution … the distribution of World Bank financing. Second, the picture portrayed in the report takes a bad turn if only two …

Persistent link: https://www.econbiz.de/10011495588

Infrastructure and trade : a gravity analysis for major trade categories using a new index of infrastructure

Donaubauer, Julian; Glas, Alexander; Nunnenkamp, Peter - 2016

Making use of considerably improved measures of infrastructure, we assess the impact of infrastructure on bilateral trade for a panel of 37 developed and emerging economies during the period 1995-2011. We find significant and non-linear effects of overall infrastructure and infrastructure in...

Persistent link: https://www.econbiz.de/10011410524

Sectoral aid priorities : are donors really doing their best to achieve the millennium development goals?

Thiele, Rainer - 2006

We analyze the aid portfolio of various bilateral and multilateral donors, testing whether they have prioritised aid in line with the Millennium Development Goals (MDGs). In doing so, we combine sectorally disaggregated aid data with indicators reflecting the situation of recipient countries...

Persistent link: https://www.econbiz.de/10003247640

Assessing the allocation of aid : developmental concerns and the self-interest of donors

Nunnenkamp, Peter; Thiele, Rainer; Triveño, Luis; … - 2005

measured by the World Bank's Country Policy and Institutional Assessment (CPIA). If the CPIA is replaced by the Kaufmann index …

Persistent link: https://www.econbiz.de/10002898511

Do multinational enterprises contribute to convergence or divergence? : A disaggregated analysis of US FDI

Mayer-Foulkes, David (contributor); … - 2005

It is a widely held belief that foreign direct investment (FDI) has a positive effect on economic growth. We test this hypothesis by performing convergence regressions derived from a model of endogenous technological change. We estimate the rate of growth in per-capita income, relative to the...

Persistent link: https://www.econbiz.de/10002747633

Is foreign aid concentrated increasingly on needy and deserving recipient countries? : an analysis of Theil indices, 1995-2015

Bickenbach, Frank; Mbelu, Asithandile; Nunnenkamp, Peter - 2017

By tracking the changes in different margins of Theil indices during the period 1995-2015, we re-consider the question of whether bilateral and multilateral donors have targeted aid increasingly to particularly needy recipient countries with relatively good governance in order to improve the...

Persistent link: https://www.econbiz.de/10011644423