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Politics and IMF Conditionality
Dreher, Axel; Sturm, Jan-Egbert; Vreeland, James Raymond - CESifo - 2013
Bailouts sponsored by the International Monetary Fund (IMF) are famous for their conditionality: in return for continued installments of desperately needed loans, governments must comply with austere policy changes. Many have suggested, however, that politically important countries face rather...
Persistent link: https://www.econbiz.de/10010877803
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Of Donor Coordination, Free-Riding, Darlings, and Orphans: The Dependence of Bilateral Aid on Other Bilateral Giving
Davies, Ronald B.; Klasen, Stephan - CESifo - 2013
Using data from 1988 to 2007, we examine to what extent bilateral aid flows of an individual donor to a country depend … on aid flows from all other bilateral and multilateral donors to that country. We thereby want to assess to what extent … donor coordination, free-riding, selectivity, specialization, and common donor motivations drive bilateral aid allocation as …
Persistent link: https://www.econbiz.de/10010634080
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The Application of the Capability Approach to High-Income OECD Countries: A Preliminary Survey
Volkert, Jürgen; Schneider, Friedrich - CESifo - 2011
The goal of this paper is to provide a preliminary overview of empirical Capability Approach (CA) applications for high-income OECD countries. The survey aims at a basis of mutual exchange on relevant CA issues among researchers analyzing well-being in affluent countries. It focuses on CA...
Persistent link: https://www.econbiz.de/10008853849
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The Costs of Organized Violence: A Review of the Evidence
Skaperdas, Stergios - CESifo - 2009
I critically review recent studies that estimate those costs of violence and conflict that can emerge among organized … of organized conflict and violence are aggregated. …
Persistent link: https://www.econbiz.de/10005013055
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Do IMF and World Bank Influence Voting in the UN General Assembly?
Dreher, Axel; Sturm, Jan-Egbert - CESifo - 2006
Using panel data for 188 countries over the period 1970-2002 this paper empirically analyzes the influence of the IMF and the World Bank on voting patterns in the UN General Assembly. Countries receiving adjustment programs and larger non-concessional loans from the World Bank vote more...
Persistent link: https://www.econbiz.de/10005181533
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Does Membership on the UN Security Council Influence IMF Decisions? Evidence from Panel Data
Dreher, Axel; Sturm, Jan-Egbert; Vreeland, James Raymond - CESifo - 2006
We investigate whether temporary members of the UN Security Council receive favorable treatment from the IMF, using panel data for 191 countries over the period 1951 to 2004. Our results indicate a robust positive relationship between temporary UN Security Council membership and participation in...
Persistent link: https://www.econbiz.de/10005416462
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Determinants of Human Development: Capturing the Role of Institutions
Binder, Michael; Georgiadis, Georgios - CESifo - 2011
In this paper, we study development in a panel of 87 countries from 1970 to 2005. We focus on characterizing institutionally driven heterogeneities in the development effects of macroeconomic policies and on comparing the development process as measured by GDP to that measured by the Human...
Persistent link: https://www.econbiz.de/10008914288
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The Relative Volatility of Commodity Prices: A Reappraisal
Arezki, Rabah; Lederman, Daniel; Zhao, Hongyan - CESifo - 2011
This paper studies the volatility of commodity prices on the basis of a large dataset of monthly prices observed in international trade data from the United States over the period 2002 to 2011. The conventional wisdom in academia and policy circles is that primary commodity prices are more...
Persistent link: https://www.econbiz.de/10009391720
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Aggregation in Large Dynamic Panels
Pesaran, Hashem M.; Chudik, Alexander - CESifo - 2011
This paper considers the problem of aggregation in the case of large linear dynamic panels, where each micro unit is potentially related to all other micro units, and where micro innovations are allowed to be cross sectionally dependent. Following Pesaran (2003), an optimal aggregate function is...
Persistent link: https://www.econbiz.de/10008853858
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Donor Ideology and Types of Foreign Aid
Brech, Viktor; Potrafke, Niklas - CESifo - 2013
We examine how donor government ideology influences the composition of foreign aid flows. We use data for 23 OECD … countries over the period 1960-2009 and distinguish between multilateral and bilateral aid, grants and loans, recipient … characteristics such as income and political institutions, tied and untied aid, and aid by sector. The results show that leftist …
Persistent link: https://www.econbiz.de/10010877746