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The economics of investor protection : ISDS versus national treatment : presented at CESifo Area Conference on Global Economy, May 2015

Kohler, Wilhelm; Stähler, Frank - 2016 - Version of February 16, 2016

This paper scrutinizes the effects of investor-state dispute settlements (ISDS) and national treatment provisions in a two-period model where foreign investment is subject to domestic regulation and a holdup problem. It shows that ISDS can mitigate the holdup problem and increases aggregate...

Persistent link: https://www.econbiz.de/10011431559

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

Offshoring and volatility of demand

Benz, Sebastian; Kohler, Wilhelm; Yalçin, Erdal - 2016

In this paper we explore the role that demand uncertainty plays for the offshoring decision, and the role that offshoring plays for domestic volatility of employment. Offshoring is modeled as in Antràs & Helpman (2004), but we assume complete contracts. Firms are heterogeneous as in Melitz...

Persistent link: https://www.econbiz.de/10011497799

Exploring the intensive and extensive margins of world trade : presented at Venice Summer Institute, Workshop on Dissecting Globalization, July 2004

Felbermayr, Gabriel; Kohler, Wilhelm - 2004

World trade evolves at two margins. Where a bilateral trading relationship already exists it may increase through time … have not traded with each other in the past (extensive margin). We provide an empirical dissection of post-World-War- II … growth in manufacturing world trade along these two margins. We propose a "cornersolutions- version"of the gravity model to …

Persistent link: https://www.econbiz.de/10011450770

The value of smarter teachers : international evidence on teacher cognitive skills and student performance

Hanushek, Eric Alan; Piopiunik, Marc; Wiederhold, Simon - 2014

Differences in teacher quality are commonly cited as a key determinant of the huge international student performance gaps. However, convincing evidence on this relationship is still lacking, in part because it is unclear how to measure teacher quality consistently across countries. We use unique...

Persistent link: https://www.econbiz.de/10010462634

Culture and student achievement: the intertwined roles of patience and risk-taking

Hanushek, Eric Alan; Kinne, Lavinia; Lergetporer, Philipp; … - 2020

Patience and risk-taking - two cultural traits that steer intertemporal decision-making - are fundamental to human capital investment decisions. To understand how they contribute to international differences in student achievement, we combine PISA tests with the Global Preference Survey. We find...

Persistent link: https://www.econbiz.de/10012241063

Politicized trade : what drives withdrawal of trade preferences?

Gassebner, Martin; Gnutzmann-Mkrtchyan, Arevik - 2017

While it is well understood that industrialized countries use aid to grant political favors, little research covers alternative channels such as trade policy towards developing countries. We analyze eligibility investigations and revoking of U.S. Generalized System of Preferences (GSP) benefits...

Persistent link: https://www.econbiz.de/10011761497

Switching from worldwide to territorial taxation : empirical evidence of FDI effects

Büttner, Thiess; Holzmann, Carolin - 2019

This paper explores empirically whether and how FDI is affected if multinationals' home countries change taxation of foreign earnings by switching from worldwide to territorial taxation. Our analysis employs data for German inbound FDI based on the ultimate investing country concept. We use a...

Persistent link: https://www.econbiz.de/10011958845

Does educational tracking affect performance and inequality? : Differences-in-differences evidence across countries

Hanushek, Eric Alan (contributor); … - 2005

Even though some countries track students into differing-ability schools by age 10, others keep their entire secondary-school system comprehensive. To estimate the effects of such institutional differences in the face of country heterogeneity, we employ an international...

Persistent link: https://www.econbiz.de/10002734106

WTO membership and the extensive margin of world trade : new evidence

Kohler, Wilhelm; Felbermayr, Gabriel - 2009

Persistent link: https://www.econbiz.de/10003815166