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Chinese Aid and Democratic Values in Latin America
Freytag, Andreas; Kautz, Miriam - 2022
International economic engagement has been increasingly framed in terms of liberal democratic values. Specifically, Chinese aid has been at the center of this debate. Since Chinese aid comes with "no strings attached," a popular narrative is that Chinese aid poses a challenge to conditional aid,...
Persistent link: https://www.econbiz.de/10013353427
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Chinese Aid and Democratic Values in Latin America
Freytag, Andreas; Kautz, Miriam - 2022
International economic engagement has been increasingly framed in terms of liberal democratic values. Specifically, Chinese aid has been at the center of this debate. Since Chinese aid comes with “no strings attached,” a popular narrative is that Chinese aid poses a challenge to conditional...
Persistent link: https://www.econbiz.de/10014081428
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The Impact of Inequality on the Informal Economy in Latin America and the Caribbean with a Mimic Model
Takanohashi, Marcos; Ribeiro, Marcel; Schneider, Friedrich - 2023
Vast literature is available covering main Informal Economy (IE) causes and consequences for Latin America and Caribbean (LAC), but its size estimation has been mainly limited to worldwide models applied to the region. This paper proposes a MIMIC Base Model using a data set composed by 41...
Persistent link: https://www.econbiz.de/10014348093
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The Modigliani Puzzle Revisited: A Note
Katsimi, Margarita; Zoega, Gylfi - 2017
We estimate the relationship between investment and unemployment in order to explore whether the medium … up, both employment and investment fell although the estimated coefficient of investment is slightly smaller when the …
Persistent link: https://www.econbiz.de/10011794172
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Trade, Factor Mobility and the Extent of Economic Integration: Theory and Evidence
Mikolajun, Irena; Viaene, Jean-Marie - 2015
The Middle East was once seen as a medieval great globalized force. Nowadays it shows one of the lowest intra-regional trade in the world and therefore it is claimed that the region is poorly integrated. Yet, with the steady .ow of workers across national borders of the Middle East is this...
Persistent link: https://www.econbiz.de/10011388153
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Is Hard Brexit Detrimental to EU Integration? Theory and Evidence
Mikolajun, Irena; Viaene, Jean-Marie - 2018
In the struggle between the forces of free trade and the restrictive influence of insularism the latter recently seems to have the upper hand. This is illustrated by the referendum of June 23, 2016 where the United Kingdom (UK) voted to leave the European Union (EU). In this paper we evaluate...
Persistent link: https://www.econbiz.de/10011931949
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Is Hard Brexit Detrimental to EU Integration? Theory and Evidence
Mikolajun, Irena - 2018
In the struggle between the forces of free trade and the restrictive influence of insularism the latter recently seems to have the upper hand. This is illustrated by the referendum of June 23, 2016 where the United Kingdom (UK) voted to leave the European Union (EU). In this paper we evaluate...
Persistent link: https://www.econbiz.de/10012908727
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Business cycles, international trade and capital flows: Evidence from Latin America
Caporale, Guglielmo Maria; Girardi, Alessandro - 2012
This paper adopts a flexible framework to assess both short- and long-run business cycle linkages between six Latin American (LA) countries and the four largest economies in the world (namely the US, the Euro area, Japan and China) over the period 1980:I-2011:IV. The result indicate that within...
Persistent link: https://www.econbiz.de/10010290745
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Forecastability and Statistical Characteristics of Aggregate Oil and Gas Investments on the Norwegian Continental Shelf
Lorentzen, Sindre; Osmundsen, Petter - 2016
We investigate the potential for statistical forecasting of aggregate oil and gas investment on the Norwegian … random walk benchmark in an out-of-sample environment. Second, lags of investment growth, crude oil price growth and realized … volatility is found to be adequate predictors for the investment growth. Finally, there is a clear benefit from re-estimating the …
Persistent link: https://www.econbiz.de/10011555555
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The Quantification of Structural Reforms in OECD Countries: A New Framework
Egert, Balazs; Gal, Peter - 2017
This document describes and discusses a new supply side framework that quantifies the impact of structural reforms on per capita income in OECD countries. It presents the overall macroeconomic impacts of reforms by aggregating over the effects on physical capital, employment and productivity...
Persistent link: https://www.econbiz.de/10011657141