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.e., those where groups live more spatially separately, have a substantially lower quality of government. In contrast, there is … no relationship between religious segregation and the government quality …
Persistent link: https://www.econbiz.de/10012464332
about misconduct by government officials, so that, even when each complaint is unlikely to succeed, more frequent complaints … encourage better behavior from officials. Newly assembled individual-level survey data from the World Justice Project show that … survey data on reporting crime and corruption. Citizen complaints might thus be an operative mechanism that explains the link …
Persistent link: https://www.econbiz.de/10012460540
, indicating that most government insiders quickly wear out their welcome, and then drop once the minister is fully entrenched in …
Persistent link: https://www.econbiz.de/10012458450
city inhabitants, and lower levels of military spending by ruling elites, as predicted by the theory …
Persistent link: https://www.econbiz.de/10012459634
We build a model of financial sector illiquidity in an open economy. Illiquidity defined as a situation in which a country's consolidated financial system has potential short-term obligations in foreign currency that exceed the amount of foreign currency it can have access to on short notice can...
Persistent link: https://www.econbiz.de/10012471518
The integration of world capital markets carries important implications for the design and impact of tax policies. This … recent efforts to reconcile observations with theory. To the extent that multinational firms possess intangible capital on …
Persistent link: https://www.econbiz.de/10012469861
This paper estimates the efficiency consequences of interactions between nominal tax systems and inflation in open economies. Domestic inflation changes after-tax real interest rates at home and abroad, thereby stimulating international capital movement and influencing domestic and foreign tax...
Persistent link: https://www.econbiz.de/10012472750
This paper shows that smaller countries have larger public sectors as a share of GDP, and are also more open to trade. These empirical observations are consistent with recent theoretical models explaining country formation and break up
Persistent link: https://www.econbiz.de/10012472793
This paper links business cycle volatility to barriers on international mobility of goods and capital. Theory predicts …
Persistent link: https://www.econbiz.de/10012474757
an attendant world portfolio shift from safe, but low-yield, capital into riskier, high-yield capital. The presence of … of specialized, hence inherently risky, production inputs. A partial calibration exercise based on Penn World Table …
Persistent link: https://www.econbiz.de/10012474882