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Harassment, corruption and economic policy
Marjit, Sugata; Mukherjee, Vivekananda; Mukherjee, Arijit - 1999
This paper introduces harassment in a model of bribery and corruption. We characterize the harassment equilibrium and show that taxpayers with all possible levels of income participate in such an equilibrium. Harassment has a regressive bias. Harassment cost as such may not affect tax revenue....
Persistent link: https://www.econbiz.de/10009781684
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Growth gains from trade
Marjit, Sugata; Basu, Anwesha; Veeramani, C. - 2019 - This Draft: October, 2019
in explaining growth gains from trade. Using sectoral level data from WORLD KLEMS Database on industrial productivity and …
Persistent link: https://www.econbiz.de/10012120367
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The golden hello and political transitions
Aidt, Toke; Albornoz, Facundo; Gassebner, Martin - 2012
have taken place. We test this unexplored implication of the theory empirically. We find in a world sample from 1970 to …We analyze the influence of IMF and World Bank programs on political regime transitions. We develop an extended version … transitions ; democracy ; autocracy ; IMF ; World Bank …
Persistent link: https://www.econbiz.de/10009630635
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Inequality, structure of production and international trade : the role of credit market imperfection
Beladi, Hamid; Marjit, Sugata; Misra, Suryaprakash - 2017
Credit rationing in the presence of asset inequality affects production and trade pattern in this paper, but not in the conventional way. A Ricardian general equilibrium framework with heterogeneous levels of asset ownership is developed to show that more equal asset distribution may contract...
Persistent link: https://www.econbiz.de/10011597233
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Dissecting the PPP puzzle : the unconventional roles of nominal exchange rate and price adjustment
Cheung, Yin-Wong; Lai, Kon-sun; Bergman, Michael U. - 2003
The conventional view, as expounded by sticky-price models, is that price adjustment determines the PPP reversion rate. This study examines the mechanism by which PPP deviations are corrected. Nominal exchange rate adjustment, not price adjustment, is shown to be the key engine governing the...
Persistent link: https://www.econbiz.de/10011507767
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Which school systems sort weaker students into smaller classes? : international evidence
West, Martin R.; Woessmann, Ludger - 2003
We examine whether the sorting of differently achieving students into differently sized classes results in a regressive or compensatory pattern of class sizes for a sample of national school systems. Sorting effects are identified by subtracting the causal effect of class size on performance...
Persistent link: https://www.econbiz.de/10011509528
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WTO membership and the shift to consumption taxes
Büttner, Thiess; Madzharova, Boryana - 2016
implications of membership in the World Trade Organization (WTO). Em-ploying robust difference-in-difference specifications as well …
Persistent link: https://www.econbiz.de/10011522137
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China's capital flight : pre- and post-crisis experiences
Cheung, Yin-Wong; Steinkamp, Sven; Westermann, Frank - 2015
We study China's illicit capital flow and document a change in its pattern. Specifically, we observe that China's capital flight, especially the one measured by trade misinvoicing, exhibits a weakened response in the post-2007 period to the covered interest disparity, which is a theoretical...
Persistent link: https://www.econbiz.de/10011375683
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On cross-country differences in the persistence of real exchange rates
Cheung, Yin-Wong; Lai, Kon-sun - 1999
Previous findings of long-run purchasing power parity come mainly from data for industrial countries, raising the issue of whether the results suffer sample-selection bias and exaggerate the general relevance of parity reversion. This study uncovers substantial cross-country heterogeneity in the...
Persistent link: https://www.econbiz.de/10009781713
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What accounts for international differences in student performance? : a re-examination using PISA data
Fuchs, Thomas; Woessmann, Ludger - 2004
We use the PISA student-level achievement database to estimate international education production functions. Student characteristics, family backgrounds, home inputs, resources, teachers and institutions are all significantly related to math, science and reading achievement. Our models account...
Persistent link: https://www.econbiz.de/10011449993