Similar Search Results

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

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

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

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

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

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

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

Dualism and cross-country growth regressions

Temple, Jonathan; Woessmann, Ludger - 2004

This paper examines whether growth regressions should incorporate dualism and structural change. If there is a differential across sectors in the marginal product of labour, changes in the structure of employment can raise aggregate total factor productivity. The paper develops empirical growth...

Persistent link: https://www.econbiz.de/10011451098

Virtually no effect? : different uses of classroom computers and their effect on student achievement

Falck, Oliver; Mang, Constantin; Woessmann, Ludger - 2015

Most studies find little to no effect of classroom computers on student achievement. We suggest that this null effect may combine positive effects of computer uses without equivalently effective alternative traditional teaching practices and negative effects of uses that substitute more...

Persistent link: https://www.econbiz.de/10010496971

The evolution of offshore renminbi trading : 2016 to 2019

Cheung, Yin-Wong; Grimm, Louisa; Westermann, Frank - 2020

We study the evolution of offshore renminbi trading between 2016 and 2019. The diffusion behaviour of offshore renminbi trading during this period is different from the one between 2013 and 2016. The geographical diffusion process displayed in the 2016-2019 period, in addition to the previously...

Persistent link: https://www.econbiz.de/10012234514