Similar Search Results

Does Corporate Aid Really Help Fighting Worldwide Poverty? A Case Study of Nestlé's Aid Allocation

Metzger, Laura; Nunnenkamp, Peter; Mahmoud, Toman Omar - Institut für Weltwirtschaft (IfW) - 2008

Having passed the “market test”, private aid is claimed by its proponents to be better-targeted than official development assistance (ODA). But empirical evidence is largely lacking. We contribute to closing this gap by performing a case study of Nestlé, one of the frontrunners among...

Persistent link: https://www.econbiz.de/10005700536

Impact of national financial regulation on macroeconomic and fiscal performance after the 2007 financial shock: Econometric analyses based on cross-country data

Hagen, Tobias - Institut für Weltwirtschaft (IfW) - 2013

Using cross-country data, this paper estimates the impact of the 2007 financial shock on countries' macroeconomic developments conditional on national financial regulations before the crisis. For this purpose, the financial reform index developed by Abiad et al. (A New Database of Financial...

Persistent link: https://www.econbiz.de/10010956118

Stylized facts on the interaction between income distribution and the Great Recession

Aiginger, Karl; Guger, Alois - Institut für Weltwirtschaft (IfW) - 2013

There are several narratives connecting the financial crisis - as well as the Great Depression of the 1930s - with the functional or personal income distribution and its pre-crisis movements. The paper investigates whether this claim can be supported with evidence showing that the crisis was...

Persistent link: https://www.econbiz.de/10010956124

Growing up to Financial Stability

Bordo, Michael D. - Institut für Weltwirtschaft (IfW) - 2007

context of globalization then (pre-1914) and now (1980 to the present). I then discuss the determinants of emerging market … financial crises to improve their institutions and grow up to financial stability. …

Persistent link: https://www.econbiz.de/10005083346

Estimating the Shape of Economic Crises under Heterogeneity

Dovern, Jonas; Jannsen, Nils - Institut für Weltwirtschaft (IfW) - 2009

During the ongoing financial crisis the analysis of similar historical crises has gained more and more attention among economic researchers and forecasters. Existing studies, however, do not tackle the immense heterogeneity that is present in cross-country samples in a formal and consistent way....

Persistent link: https://www.econbiz.de/10005012878

The Great Recession versus the Great Depression: stylized facts on siblings that were given different foster parents

Aiginger, Karl - Institut für Weltwirtschaft (IfW) - 2010

This paper compares the depth of the Recent Crisis and the Great Depression. We use a new data set to compare the drop in activity in the industrialized countries for seven activity indicators. This is done under the assumption that the Recent Crisis leveled off in mid-2009 for production and...

Persistent link: https://www.econbiz.de/10008615592

Forecasting German Key Macroeconomic Variables Using Large Dataset Methods

Pirschel, Inske; Wolters, Maik - Institut für Weltwirtschaft (IfW) - 2014

We study the forecasting performance of three alternative large scale approaches using a dataset for Germany that consists of 123 variables in quarterly frequency. These three approaches handle the dimensionality problem evoked by such a large dataset by aggregating information, yet on different...

Persistent link: https://www.econbiz.de/10010887025

The aggregate effects of long run sectoral reallocation

Reicher, Christopher - Institut für Weltwirtschaft (IfW) - 2011

In this paper, I estimate a series of long run reallocative shocks to sectoral employment using a stochastic volatility model of sectoral employment growth for the United States from 1960 through 2011. Reallocative shocks (which primarily measure construction and technology busts) have little...

Persistent link: https://www.econbiz.de/10009216281

Model Pooling and Changes in the Informational Content of Predictors: an Empirical Investigation for the Euro Area

Schwarzmüller, Tim - Institut für Weltwirtschaft (IfW) - 2015

I study the performance of single predictor bridge equation models as well as a wide range of model selection and pooling techniques, including Mallows model averaging and Cross-Validation model averaging, for short-term forecasting euro area GDP growth. I explore to what extend model selection...

Persistent link: https://www.econbiz.de/10011162483

Untangling the Quality of Governance from the Level of Income: Are Sub-Saharan African Countries Governed Well?

Gundlach, Erich; Hartmann, Susanne - Institut für Weltwirtschaft (IfW) - 2005

countries, as suggested by recent studies on the supremacy of institutions. Our empirical results show that the supremacy of … institutions does not hold. SSA countries appear to face very specific development problems. Given their geographic and economic … empirical evidence that appears to imply the supremacy of institutions. …

Persistent link: https://www.econbiz.de/10010886842