Showing 1 - 10 of 39
In this paper we analyze the link between corruption money laundering and round-trip investment via offshore … the conclusion that there is a strong link between round-trip investment and corruption money laundering …
Persistent link: https://www.econbiz.de/10012459644
small economy case) can be welfare worsening since tariff revenues are replaced by resource using queuing costs. On the … other hand, corruption can be welfare improving if queuing costs are replaced by resource transferring bribes. We also show …
Persistent link: https://www.econbiz.de/10012469218
Persistent link: https://www.econbiz.de/10012644160
We develop a new dynamic factor model that allows us to jointly characterize global macroeconomic and financial cycles and the spillovers between them. The model decomposes macroeconomic cycles into the part driven by global and country-specific macro factors and the part driven by spillovers...
Persistent link: https://www.econbiz.de/10012479322
(1994) and the GATS there is an incompatibility between measures of world trade in goods and services. Measures of goods … degree of integration in the global economy are likely ill formed, and for comparability the trade component of affiliate …
Persistent link: https://www.econbiz.de/10012462384
We report numerical simulation results using a multiyear global multi country modeling framework which we use to assess the impacts of alternative emissions cuts which will likely come under consideration for the process to follow the December 2009 UNFCCC negotiation in Copenhagen. The...
Persistent link: https://www.econbiz.de/10012462565
increases, and other country's production decreases compared with the case of no BTAs. With the contraction of world trade flows … caused by the financial crisis, carbon motivated BTAs offer a prospect of a compounding effect in a world which is going …This paper discusses the size of impact of carbon motivated border tax adjustments on world trade. We report numerical …
Persistent link: https://www.econbiz.de/10012463037
We discuss global climate mitigation that builds on existing unilateral measures to cut emissions. We document and discuss the rationale for such unilateral measures argue that such measures have the potential to generate positive spillover effects both within and across countries. In a simple...
Persistent link: https://www.econbiz.de/10012463208
, however, is that there seem to be certain "threshold" levels of financial and institutional development that an economy needs …
Persistent link: https://www.econbiz.de/10012463732
This paper analyzes the medium to long-term implications of global warming for the evolution of global financial structures. Stern (2007) and other related scientific literature reports that greenhouse gas emissions generated by human activities will very possibly lead to global temperature...
Persistent link: https://www.econbiz.de/10012463760