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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

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

The Global Economic Barometers : composite indicators for the world economy

Abberger, Klaus; Graff, Michael; Campelo, Aloisio; … - 2020

This paper presents a coincident and a leading composite monthly indicator for the world business cycle - the Global … Economic Barometers. Both target the world’s output growth rate cycle. The calculation of these indicators comprises two main …

Persistent link: https://www.econbiz.de/10012170717

Greasing the wheels of entrepreneurship? : the impact of regulations and corruption on firm entry

Dreher, Axel (contributor); Gassebner, Martin (contributor) - 2007

The paper investigates whether the impact of regulations on entrepreneurship depends on corruption. We first test whether regulations robustly deter firm entry into the markets. Our results show that some regulations are indeed important determinants of entrepreneurial activity. Specifically,...

Persistent link: https://www.econbiz.de/10003762839

The inverse domino effect : are economic reforms contagious?

Gassebner, Martin (contributor); Gaston, Noel G. (contributor) - 2007

This paper examines whether a country's economic reforms are affected by reforms adopted by other countries. A simple model of economic reforms is developed to motivate the econometric work. Unsurprisingly, the model predicts that reforms are more likely when factors of production are...

Persistent link: https://www.econbiz.de/10003764355

Does US aid buy UN general assembly votes? : A disaggregated analysis

Dreher, Axel (contributor); Nunnenkamp, Peter (contributor); … - 2006

Using panel data for 143 countries over the period 1973 - 2002, this paper empirically analyzes the influence of US aid on voting patterns in the UN General Assembly. We use disaggregated aid data to account for the fact that various forms of aid may differ in their ability to induce political...

Persistent link: https://www.econbiz.de/10003348645

Does terror threaten human rights? : evidence from panel data

Dreher, Axel (contributor); Gassebner, Martin (contributor); … - 2007 - [Elektronische Ressource]

The paper presents a political economy model linking terror and governments' respect for human rights. Using panel data for 111 countries over the period 1973-2002, we then empirically analyze whether and to what extent terror affects human rights - measured by three indices covering a wide...

Persistent link: https://www.econbiz.de/10003459778

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

Does aid for education educate children? : evidence from panel data

Dreher, Axel (contributor); Nunnenkamp, Peter (contributor); … - 2006

This paper empirically analyzes the impact of aid on education for about 100 countries over the period 1970 - 2005. We estimate a system of equations to test whether and to what extent the impact of sector-specific aid on educational attainment depends on (i) the extent to which aid adds to...

Persistent link: https://www.econbiz.de/10003387352

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