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accumulation to regional growth. We model explicitly the political-economy process driving infrastructure investments; in doing so …
Persistent link: https://www.econbiz.de/10005068765
Two conversion schemes are usually employed for assessing personal-income inequality from household equivalent incomes … country inequality rankings to conversion schemes and explain the finding by means of inequality decomposition. A bootstrap …
Persistent link: https://www.econbiz.de/10008682910
, redistribution is from rich to poor. Increasing inequality increases redistribution. However, under different assumptions about the … economic environment, redistribution may not be simply rich to poor, and inequality need not increase redistribution. Several …
Persistent link: https://www.econbiz.de/10004963760
support the stability of the euro. Among them are the enhancement of the effectiveness of the Stability and Growth Pact …
Persistent link: https://www.econbiz.de/10008693465
In this paper, we argue that the effect of governance on the emergence of crimes of different levels of sophistication is highly non-linear. State failure, anarchy and a lack of infrastructure are not conducive to establishing any business, including illicit enterprises. At the bottom of the...
Persistent link: https://www.econbiz.de/10008694988
This article argues that it will be difficult, if not impossible, to control Somali piracy for four reasons. First, Somali piracy is a land-based problem and naval control mechanisms are not changing the incentives for pirates. Second, improving Somalia's anarchic political situation will not...
Persistent link: https://www.econbiz.de/10008526700
This paper uses a detailed database of political violence in Egypt to study European and US tourists' attitudes towards travelling to a conflict region. We use time series analysis to study the heterogeneous impacts of different dimensions of political violence and counter-violence on tourist...
Persistent link: https://www.econbiz.de/10008568554
The recent extensive package introduced by the Commission is the "most comprehensive reinforcement of economic governance in the EU and the euro area since the launch of the Economic and Monetary Union. Broader and enhanced surveillance of fiscal policies, but also macroeconomic policies and...
Persistent link: https://www.econbiz.de/10008756093
In this paper, we argue that the effect of governance on the emergence of crimes of different levels of sophistication is highly non-linear. State failure, anarchy and a lack of infrastructure are not conducive to establishing any business, including illicit enterprises. At the bottom of the...
Persistent link: https://www.econbiz.de/10008674216
We present a theoretical model postulating that the relationship between crime and governance is "hump-shaped" rather than linearly decreasing. State failure, anarchy and a lack of infrastructure are not conducive for the establishment of any business. This includes illegal businesses, as...
Persistent link: https://www.econbiz.de/10009024574