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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 spillovers, interactions, and (un)intended consequences of monetary and regulatory policies

Forbes, Kristin; Reinhardt, Dennis; Wieladek, Tomasz - 2016

Have bank regulatory policies and unconventional monetary policies - and any possible interactions - been a factor behind the recent "deglobalisation" in cross-border bank lending? To test this hypothesis, we use bank-level data from the United Kingdom - a country at the heart of the global...

Persistent link: https://www.econbiz.de/10011415783

Long-run links among money, prices, and output : world-wide evidence

Herwartz, Helmut; Reimers, Hans-Eggert - 2001

analyse this topic by means of a P-star model. Based on the quantity theory of money, this approach explains inflation via a …. Moreover, parameter restrictions for the long-run relationships implied by the monetary theory are tested. Country specific P … Preisniveau und dem realen Output testet. Weiterhin werden die Parameterrestriktionen, die sich durch die monet¨are Theorie …

Persistent link: https://www.econbiz.de/10011419407

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

Is the 'Great Recession' really so different from the past?

Chiu, Adrian; Wieladek, Tomasz - 2013

the world experienced in 2008–09, is the deepest global economic contraction since the Great Depression. But as real …

Persistent link: https://www.econbiz.de/10009762417

International terrorism, political instability and the escalation effect

Campos, Nauro; Gassebner, Martin - 2009

What are the main causes of international terrorism? The lessons from the surge of academic research that followed 9/11 remain elusive. The careful investigation of the relative roles of economic and political conditions did little to change the fact that existing econometric estimates diverge...

Persistent link: https://www.econbiz.de/10003908642

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