Showing 271 - 280 of 810
Adding to the emerging body of research related to the current coronavirus crisis, this paper studies the impact of disease epidemics on the worldwide prevalence of the shadow or the underground economy. The informal sector undermines compliance with government regulations and lowers tax...
Persistent link: https://www.econbiz.de/10012828116
Early non-pharmaceutical interventions (NPI) significantly reduced the death toll of the COVID-19 pandemic. Yet, there are vast differences in how quickly governments implemented NPIs. In this paper, we analyze the role of public attention, measured as the share of daily Google searches in a...
Persistent link: https://www.econbiz.de/10012828792
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...
Persistent link: https://www.econbiz.de/10012828793
Interest rates are central determinants of saving and investment decisions. Costly financial intermediation distort these price signals by creating a spread between the interest rates on deposits and loans with substantial effects on the supply of funds and the demand for credit. This study...
Persistent link: https://www.econbiz.de/10012830109
The coronavirus pandemic has led many countries to initiate unprecedented economic recovery packages. Policymakers tackling the coronavirus crisis have also been encouraged to prioritize policies which help mitigate a second, looming crisis: climate change. We identify and analyze policies that...
Persistent link: https://www.econbiz.de/10012830362
-country analyses seek to understand the broader determinants of religious practice and its various effects across the world. We …
Persistent link: https://www.econbiz.de/10012830986
This paper offers a meta-regression analysis of the literature on the drivers of financial development. Our results based on 1900 estimates suggest that institutional quality is positively correlated to both private sector credit and stock market capitalization (both as share of GDP). Domestic...
Persistent link: https://www.econbiz.de/10012830987
We empirically examine the impact of oil wealth on property rights protection for a sample of 156 countries between 1960 and 2014. We find that higher levels of oil wealth result in weaker private property rights. This result is robust to different instrumental-variable approaches and...
Persistent link: https://www.econbiz.de/10012832191
The purpose of this study is to examine the relationship between globalization, Coronavirus Disease 2019 (COVID-19) cases, and associated deaths in more than 100 countries. Our ordinary least squares multivariate regressions show that countries with higher levels of socio-economic globalization...
Persistent link: https://www.econbiz.de/10012832195
In response to the Covid-19 pandemic, governments around the world have provided a massive fiscal and monetary stimulus … selfish individuals and more on the mobilization of people's prosocial motives. Finally, to encourage people around the world … encourage people around the world to cooperate globally in tackling global problems, with the aid of two powerful tools that …
Persistent link: https://www.econbiz.de/10012832196