Narrow search
Showing 1 - 10 of 197
Cover Image
An Empirical Inquiry into the Nature of Welfarism
Amegashie, J. Atsu; Ouattara, Bazoumana - CESifo - 2011
Economists typically evaluate policies based on how such policies affect individuals’ utilities. We follow this approach by taking a welfarist view of the USA’s espoused policy of promoting liberty in other parts of the world. However, we take a nuanced view by investigating the type of...
Persistent link: https://www.econbiz.de/10008833936
Cover Image
On the Design of Education Conditional Cash Transfer Programs and non Education Outcomes: The Case of Teenage Pregnancy
Cortés, Darwin; Gallego, Juan; Maldonado, Darío - CESifo - 2011
We investigate the effect of education Conditional Cash Transfer programs (CCTs) on teenage pregnancy. Our main concern … education CCT that conditions renewal on school performance reduces teenage pregnancy; the program can increase teenage … teenage pregnancy of two education CCTs implemented in Bogotá (Subsidio Educativo, SE, and Familias en Acción, FA); both …
Persistent link: https://www.econbiz.de/10009228615
Cover Image
Do Natural Disasters Stimulate Individual Saving? Evidence from a Natural Experiment in a Highly Developed Country
Berlemann, Michael; Steinhardt, Max; Tutt, Jascha - CESifo - 2015
While various empirical studies have found negative growth-effects of natural disasters, little is yet known about the microeconomic channels through which disasters might affect short- and especially long-term growth. This paper contributes to filling this gap in the literature by studying how...
Persistent link: https://www.econbiz.de/10011277182
Cover Image
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
Cover Image
The Impact of Basel III on Trade Finance: The Potential Unintended Consequences of the Leverage Ratio
Auboin, Marc; Blengini, Isabella - CESifo - 2014
Trade finance, particularly in the form of short-term letters of credit has received favourable capital treatment new Basel III rules. However, concerns have been expressed over the potential negative “unintended consequences” of the newly created leverage ratio for trade. This paper offers...
Persistent link: https://www.econbiz.de/10010948837
Cover Image
Tradable Immigration Quotas
Moraga, Jesus Fernandez-Huertas; Rapoport, Hillel - CESifo - 2013
International migration is maybe the single most effective way to alleviate global poverty. When a given host country allows more immigrants in, this creates costs and benefits for that particular country as well as a positive externality for individuals and governments who care about world...
Persistent link: https://www.econbiz.de/10010607006
Cover Image
Geopolitics, Aid and Growth
Dreher, Axel; Eichenauer, Vera; Gehring, Kai - CESifo - 2013
We investigate the effects of short-term political motivations on the effectiveness of foreign aid. Donor countries’ political motives might reduce the effectiveness of conditionality, channel aid to inferior projects or affect the way aid is spent in other ways, reduce the aid bureaucracy’s...
Persistent link: https://www.econbiz.de/10010671571
Cover Image
On the Conditional Effects of IMF Program Participation on Output Growth
Binder, Michael; Bluhm, Marcel - CESifo - 2010
The empirical evidence currently available in the literature regarding the effects of a country's IMF program participation on its output growth is rather mixed. To shed new evidence on this issue, in this paper we specify a state-dependent panel data model accounting in particular for program...
Persistent link: https://www.econbiz.de/10008498998
Cover Image
Economic Geography and Economic Development in Sub-Saharan Africa
Bosker, Maarten; Garretsen, Harry - CESifo - 2008
The physical or absolute geography of Sub-Saharan Africa (SSA) is often blamed for its poor economic performance. A country’s location however not only determines its absolute geography, it also pins down its relative position on the globe vis-à-vis other countries. This paper assesses the...
Persistent link: https://www.econbiz.de/10005181360
Cover Image
World Market Access of Emerging-Market Firms: The Role of Foreign Ownership and Access to External Finance
Raff, Horst; Trofimenko, Natalia - CESifo - 2013
This paper uses micro-data from the World Bank Investment Climate Surveys 2002-2006 to investigate how foreign ownership and access to external finance affect the likelihood of manufacturers in emerging markets to export and/or import. Applying propensity score matching to control for...
Persistent link: https://www.econbiz.de/10010681216