Similar Search Results

Exchange rate exposure: A nonparametric approach

Aysun, Uluc; Guldi, Melanie - Department of Economics, University of Connecticut - 2009

nonparametric models. Our data consist of nonfinancial firms in five emerging market countries and the US. Among firms that were not … parametric or nonparametric models are used. The increase in exposure is most striking when a nonparametric model is used. We … also find evidence that firms' hedging activities decrease linear exposure but do not affect nonparametric exposure. …

Persistent link: https://www.econbiz.de/10005020526

The Fiscal Regime of an Expanding State: Political Economy of Ottoman Taxation

Cosgel, Metin - Department of Economics, University of Connecticut - 2013

An expanding state has to decide how to tax the newly conquered lands, most likely taxed under a different regime. It can either preserve the prevailing system of taxation or change it to conform to its own system. The choice depends on the relative efficiency of the two systems, political...

Persistent link: https://www.econbiz.de/10010888337

Theocracy

Cosgel, Metin; Miceli, Thomas - Department of Economics, University of Connecticut - 2013

Throughout history, religious and political authorities have had a mysterious attraction to each other. Rulers have established state religions and adopted laws with religious origins, sometimes even claiming to have divine powers. We propose a political economy approach to theocracy, centered...

Persistent link: https://www.econbiz.de/10010888394

State and Religion

Cosgel, Metin; Miceli, Thomas - Department of Economics, University of Connecticut - 2008

State and religion have historically had an uneasy relationship, at times being close allies, at others harsh adversaries, and at still others largely independent. This paper develops an economic model of this relationship, where the state's objective is to maximize net tax revenue. Religious...

Persistent link: https://www.econbiz.de/10005105827