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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

Does US aid buy UN general assembly votes? : A disaggregated analysis

Dreher, Axel (contributor); Nunnenkamp, Peter (contributor); … - 2006

Using panel data for 143 countries over the period 1973-2002, this paper empirically analyzes the influence of US aid on voting patterns in the UN General Assembly. We use disaggregated aid data to account for the fact that various forms of aid may differ in their ability to induce political...

Persistent link: https://www.econbiz.de/10003313895

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

Democracies cooperate more : even where it threatens to bite?

Hühne, Philipp; Meyer, Birgit; Nunnenkamp, Peter; Roy, … - 2015

Estimating two-step selection models, we find that more democratic governments are more likely to conclude preferential trade agreements (PTAs) and to agree to stricter investment provisions related to pre-establishment national treatment and investor-state dispute settlement in PTAs. This is...

Persistent link: https://www.econbiz.de/10011300630

A new global index on infrastructure : construction, rankings and applications

Donaubauer, Julian; Meyer, Birgit; Nunnenkamp, Peter - 2014

compare with subjective assessments of infrastructure in the World Economic Forum’s Global Competitiveness Report. Finally, we …

Persistent link: https://www.econbiz.de/10010361439

Liberalization and regulation of international capital flows : where the opposites meet

Nunnenkamp, Peter - 2001

The paper discusses the pros and cons of capital account liberalization. Rather than contrasting liberalization and regulation of capital flows as irreconcilable antagonisms, we argue that capital account liberalization requires institutional and regulatory safeguards. Even though the...

Persistent link: https://www.econbiz.de/10011490391

Umbaupläne und Reparaturarbeiten an der internationalen Finanzarchitektur : Eine Zwischenbilanz aus deutscher Perspektive

Nunnenkamp, Peter - 2001

Die Forderungen von Globalisierungskritikern nach einem radikalen Umbau der internationalen Finanzmarktordnung sind von den wirtschaftspolitischen Entscheidungsträgern aus guten Gründen abgelehnt worden. Vorzuwerfen ist den Entscheidungsträgern allerdings, dass auch ökonomisch sinnvolle...

Persistent link: https://www.econbiz.de/10011491119

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