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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/10009629705

Agency and communication in IMF conditional lending : theory and empirical evidence

Marchesi, Silvia; Sabani, Laura; Dreher, Axel - 2009

the countries' authorities, openness, and transparency, consistently with the theory. -- IMF conditionality ; delegation …

Persistent link: https://www.econbiz.de/10003908576

What determines the finance-growth nexus? : An endogenous growth model and empirical evidence

Graff, Michael (contributor); Karmann, Alexander (contributor) - 2003 - [Elektronische Ressource]

An endogenous growth model on finance and growth is formulated, and empirical analyses are conducted. The model exhibits structural shifts and breaks caused by institutional changes, suggesting that a linear approach is inadequate. To address this point empirically, we fit data for 90 countries...

Persistent link: https://www.econbiz.de/10001767757

Simple nonparametric estimators for the bid-ask spread in the Roll model

Chen, Xiahong; Linton, Oliver; Schneeberger, Stefan; … - 2016

We propose new methods for estimating the bid-ask spread from observed transaction prices alone. Our methods are based on the empirical characteristic function instead of the sample autocovariance function like the method of Roll (1984). As in Roll (1984), we have a closed form expression for...

Persistent link: https://www.econbiz.de/10011441970

When will the Covid-19 pandemic peak?

Linton, Oliver - 2020

We carry out some analysis of the daily data on the number of new cases and number of new deaths by (191) countries as reported to the European CDC. We work with a quadratic time trend model applied to the log of new cases for each country. This seems to accurately describe the trajectory of the...

Persistent link: https://www.econbiz.de/10012198032

Carry funding and safe haven currencies : a threshold regression approach

Hossfeld, Oliver; MacDonald, Ronald - 2014

In this paper, we analyze which currencies can be regarded as safe haven currencies. Our empirical approach allows us to distinguish between a low- and high stress regime, and to control for the impact of carry trade reversals and other fundamental determinants. We therefore address the question...

Persistent link: https://www.econbiz.de/10010433356

The impact of aid on growth revisited : do donor motives matter?

Kilby, Christopher; Dreher, Axel - 2009

The typical identification strategy in aid effectiveness studies assumes donor motives do not influence the impact of aid on growth. We call this homogeneity assumption into question, first constructing a model in which donor motives matter and then testing the assumption empirically. -- Aid ;...

Persistent link: https://www.econbiz.de/10003908678

Finanzielle Entwicklung und wirtschaftliches Wachstum : eine Mehrwellen-Pfadanalyse

Graff, Michael (contributor) - 2002 - [Elektronische Ressource]

Persistent link: https://www.econbiz.de/10001767793

Hochschulbildung und Wirtschaftswachstum : neue empirische Ergebnisse

Graff, Michael (contributor) - 2002 - [Elektronische Ressource]

Persistent link: https://www.econbiz.de/10001767799

Are "new" donors different? : comparing the allocation of bilateral aid between non-DAC and DAC donor countries

Dreher, Axel; Nunnenkamp, Peter; Thiele, Rainer - 2010

Major DAC donors are widely criticized for weak targeting of aid, selfish aid motives and insufficient coordination. The emergence of an increasing number of new donors may further complicate the coordination of international aid efforts. On the other hand, new donors (many of which were aid...

Persistent link: https://www.econbiz.de/10008729138