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influencing the policy choice by changing the political institutions in the target country (with or without a civil war). We …In an interconnected world, economic and political interests inevitably reach beyond national borders. Since policy … policy actions in other sovereign countries to their advantage. Foreign influence is a strategic choice aimed at …
Persistent link: https://www.econbiz.de/10012018258
unleashing technological change and through rituals, legal institutions, political economy, and conflict. Synthesizing a disjoint …, societal norms, and institutions. Religion affects physical capital accumulation by influencing thrift and financial …
Persistent link: https://www.econbiz.de/10014469796
Rain affects electoral turnout both through a direct effect on the cost of voting and by changing the opportunity cost …. In a panel of Norwegian municipalities I find that rain on Election Day increases turnout. As turnout affects electoral … outcomes, rain provides an exogeneous source of variation, and hence an instrument, for the party composition of the municipal …
Persistent link: https://www.econbiz.de/10010398636
This paper derives a new effect of trade liberalisation on the quality of the environment. We show that in the presence of heterogeneous firms the aggregate volume of emissions is influenced not only by the long-established scale effect, but also by a reallocation effect resulting from an...
Persistent link: https://www.econbiz.de/10010283616
We document key features of the deepening economic relationship between Brazil and China. This is evident from sharply increased bilateral trade and foreign direct investment flows and also from enhanced cohesion of negotiating positions in international fora. Data presented show bilateral trade...
Persistent link: https://www.econbiz.de/10010274919
The US decision not to ratify the Kyoto Protocol and the recent outcomes of the Bonn and Marrakech Conferences of the Parties drastically reduces the effectiveness of the Kyoto Protocol in controlling GHG emissions. The reason is not only the reduced emission abatement in the US, but also the...
Persistent link: https://www.econbiz.de/10010315407
declined and business uncertainty increased only when the spread of the Covid-19 pandemic led to domestic policy changes: The …, business perceptions hardly reacted to any other potential source of information: Firms did not learn from foreign policy … expectations and uncertainty, albeit to a much lesser extent than the domestic policy changes. …
Persistent link: https://www.econbiz.de/10012269499
the Belgian lockdown policy is negative for low valuations of life years lost. The gains of extending the Belgian lockdown … policy are negative even for high valuation of life. …
Persistent link: https://www.econbiz.de/10012314860
proposed policy mix can control the increase in cannabis consumption post-legalization and throttle the illegal market. The … opted for legalization, leaving room for the black market to flourish. Analyzing the compatibility of several policy goals …
Persistent link: https://www.econbiz.de/10012425551
Recent research documents mounting evidence for sizable and persistent biases in individual labor market expectations. This paper incorporates subjective expectations into a general equilibrium labor market model and studies the implications of biased expectations for wage bargaining, vacancy...
Persistent link: https://www.econbiz.de/10014290251