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The Competitiveness of Hungarian Industry
Hare, Paul G; Hughes, Gordon; Michael, Thomas; Revesz, Tamas - C.E.P.R. Discussion Papers - 1992
Using an RAS update to 1990 of an 86-sector input-output table for Hungary in 1986, and corresponding data on world-to-domestic price ratios for 1990, this paper calculates domestic resource costs (DRCs) for Hungarian industries. The disaggregated results are compared with corresponding...
Persistent link: https://www.econbiz.de/10005662220
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The European Commission - Appointment, Preferences and Institutional Relations
Napel, Stefan; Widgrén, Mika - C.E.P.R. Discussion Papers - 2006
The paper analyses the appointment of the European Commission as a strategic game between members of the EU's Council of Ministers and the European Parliament. The focal equilibrium results in Commissioners that duplicate policy preferences of national Council representatives. Different internal...
Persistent link: https://www.econbiz.de/10005136464
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Genes, Legitimacy and Hypergamy: Another Look at the Economics of Marriage
Saint-Paul, Gilles - C.E.P.R. Discussion Papers - 2008
In order to credibly "sell" legitimate children to their spouse, women must forego more attractive mating opportunities. This paper derives the implications of this observation for the pattern of matching in marriage markets, the dynamics of human capital accumulation, and the evolution of the...
Persistent link: https://www.econbiz.de/10005123619
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The Need for Institutional Changes in the Global Financial System: An Analytical Framework
Claessens, Stijn; Underhill, Geoffrey R D - C.E.P.R. Discussion Papers - 2005
international financial system itself. Fundamentally, the design, institutions, and governance of the international system remain … international financial decision-making, also as it relates to the legitimacy of the international system in the eyes of the public …
Persistent link: https://www.econbiz.de/10005504421
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Central Banks: Powerful, Political and Unaccountable?
Buiter, Willem H. - C.E.P.R. Discussion Papers - 2014
-of-last-resort and market-maker-of-last-resort roles, providing liquidity to financially distressed and illiquid financial institutions … the preservation of the central bank’s legitimacy requires that a clear line be drawn between the central bank’s provision … of liquidity and the Treasury’s solvency support for systemically important financial institutions. All activities of the …
Persistent link: https://www.econbiz.de/10011084413
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Making Democracy Work: Culture, Social Capital and Elections in China
Padró i Miquel, Gerard; Qian, Nancy; Xu, Yiqing; Yao, Yang - C.E.P.R. Discussion Papers - 2015
This paper aims to show that culture is an important determinant of the effectiveness of formal democratic institutions … elections. These results support the view that social capital complements democratic institutions such as elections. …
Persistent link: https://www.econbiz.de/10011213313
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Growth, Colonization, and Institutional Development: In and Out of Africa
Bertocchi, Graziella - C.E.P.R. Discussion Papers - 2011
This essay investigates the determinants of the growth performance of Africa. I start by illustrating a broader research agenda which accounts not only for basic economic and demographic factors, but also for the role of history and institutional development. After reporting results from...
Persistent link: https://www.econbiz.de/10009225960
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Transparency, Appropriability and the Early State
Mayshar, Joram; Moav, Omer; Neeman, Zvika - C.E.P.R. Discussion Papers - 2011
We propose a general theory that explains the extent of the state and accounts for related institutions as byproducts …
Persistent link: https://www.econbiz.de/10009283392
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Race v. Suffrage: The Determinants of Development in Mississippi
Bertocchi, Graziella; Dimico, Arcangelo - C.E.P.R. Discussion Papers - 2011
-2000 period. Our main conclusion is that race, rather than political institutions and education policies, is the main force …
Persistent link: https://www.econbiz.de/10009321839
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How Effective Is Monetary Transmission in Developing Countries? A Survey of the Empirical Evidence
Mishra, Prachi; Montiel, Peter J; Spilimbergo, Antonio - C.E.P.R. Discussion Papers - 2011
This paper surveys the evidence on the effectiveness of monetary transmission in developing countries. We summarize the arguments for expecting the bank lending channel to be the dominant means of monetary transmission in such countries, and present a simple model that suggests why this channel...
Persistent link: https://www.econbiz.de/10009322980