Showing 1 - 10 of 15
Anti–money laundering regulations have been centred on the “Know-Your-Customer” rule so far, overlooking the fact that criminal proceedings that need to be laundered are usually represented by cash. This is the first study which tries to provide an answer to the question of how much of...
Persistent link: https://www.econbiz.de/10010877717
We use Japanese microdata to examine how financial market frictions affect foreign direct investment (FDI). The Japanese land price bubble and banking trouble in the late 1980s and early 1990s serve as a quasi natural experiment to identify two possible transmission channels from financial...
Persistent link: https://www.econbiz.de/10011205374
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
We analyze individual satisfaction with life as a whole and satisfaction with the personal financial situation for Israeli citizens of Jewish and Arab descent. Our data set is the Israeli Social Survey (2006). We are especially interested in the impact of the religions Judaism, Islam and...
Persistent link: https://www.econbiz.de/10008671691
This contribution examines the role of capitalism in anti-American terrorism. Using data for 149 countries between 1970 …-American terrorism increases with external economic liberalization or decreases with higher levels of economic openness. However …, consistent with economic norms theory, higher levels of market-capitalism are associated with less anti-American terrorism …
Persistent link: https://www.econbiz.de/10010796436
Current literature shows a significant negative impact of terrorism on countries economies. We explore this … relationship in more detail. Using an unbalanced panel of over 160 countries for up to 25 years and the Global Terrorism Database … (GTD) we show a decrease in FDI as a consequence of terrorism. We also find evidence that FDI flows are more sensitive to …
Persistent link: https://www.econbiz.de/10010593134
A unique dataset is used to separately analyze the social origins of left-wing and nationalist-separatist terrorism in … types of ideologically or ethnically motivated terrorism make it plausible that they respond differently to specific social … strength) or nationalist-separatist terrorism (e.g., ethnic polarization, non-violent protest). However, both types of …
Persistent link: https://www.econbiz.de/10010544186
This contribution investigates the role of education in domestic terrorism for 133 countries between 1984 and 2007. The … findings point at a nontrivial effect of education on terrorism. Lower education (primary education) tends to promote terrorism … education (university education) reduces terrorism in a cluster of countries where conditions are more favorable. This suggests …
Persistent link: https://www.econbiz.de/10010877794
How does electoral accountability affect the effectiveness of terrorism prevention in a democ- racy? We analyze the … connection between electoral accountability and policy effectiveness in the context of terrorism prevention. We develop a formal … objective of terrorism prevention and have symmetric information. We show that electoral pressures to be successful in terrorism …
Persistent link: https://www.econbiz.de/10008596575
Using panel data for a maximum of 109 countries over the years 1976-2000, we empirically analyze the impact of decentralization on the occurrence of transnational terror. Our results show that expenditure decentralization reduces the number of transnational terror events in a country, while...
Persistent link: https://www.econbiz.de/10005013064