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Globalization, Economic Freedom and Human Rights

Dreher, Axel; Gassebner, Martin; Siemers, Lars H.R - 2021

Using the KOF Index of Globalization and two indices of economic freedom, we empirically analyze whether globalization …-2004 period. According to our results, physical integrity rights significantly and robustly increase with globalization and …

Persistent link: https://www.econbiz.de/10013316142

The International Transmission of Monetary Policy

Buch, Claudia M. - 2018

This paper presents the novel results from an internationally coordinated project by the International Banking Research Network (IBRN) on the cross-border transmission of conventional and unconventional monetary policy through banks. Teams from seventeen countries use confidential micro-banking...

Persistent link: https://www.econbiz.de/10012911041

The Impact of Globalization on the Composition of Government Expenditures : Evidence from Panel Data

Dreher, Axel - 2006

According to the disciplining hypothesis, globalization restrains governments by inducing increased budgetary pressure … globalization (quot;compensation hypothesisquot;). Employing two different datasets and various measures of globalization, we … analyze whether globalization has indeed influenced the composition of government expenditures. For a sample of 108 countries …

Persistent link: https://www.econbiz.de/10012779699

Membership has Its Privileges - The Effect of Membership in International Organizations on FDI

Dreher, Axel - 2010

We argue that membership in International Organizations (IOs) is an important determinant of FDI inflows. To the extent that membership restricts a country from pursuing policies that are harmful to investors, it can signal low political risk. Using data over the 1971-2005 period, we find that...

Persistent link: https://www.econbiz.de/10013136347

Inequality and Happiness : When Perceived Social Mobility and Economic Reality do not Match

Bjørnskov, Christian - 2010

social mobility increases. Using data on happiness and a broad set of fairness measures from the World Values Survey, we find …

Persistent link: https://www.econbiz.de/10013136696

Information Transmission and Ownership Consolidation in Aid Programs

Dreher, Axel - 2013

This paper explores the role of information transmission in explaining donors' choice between project aid and budget support. Budget support increases the involvement of recipient governments in the decision-making process and can thus be an example of a “delegation-scheme.” Conversely,...

Persistent link: https://www.econbiz.de/10013073609

Information Transmission within Federal Fiscal Architectures : Theory and Evidence

Dreher, Axel - 2013

This paper explores the role of information transmission and misaligned interests across levels of government in explaining variation in the degree of decentralization across countries. Within a two-sided incomplete information principal-agent framework, it analyzes two alternative...

Persistent link: https://www.econbiz.de/10013075612

Grey Matters : Charting the Development of the Shadow Economy

Mac Géidigh, Donal - 2017

The shadow economy has long been an area of research for policymakers. The determinants of underground activity of late have been identified as high tax burdens and increased regulation, but has this relationship always existed? This seminal work examines the shadow economy in Norway, Sweden,...

Persistent link: https://www.econbiz.de/10012964698

Shadow Economies Around the World : New Results for 158 Countries Over 1991-2015

Medina, Leandro - 2017

Using the MIMIC method, this paper is a first attempt to estimate the size of the shadow economy of 158 countries over the period 1991 up to 2015. In addition to performing a variety of robustness tests, this paper explicitly addresses endogeneity concerns to the use of GDP as cause and...

Persistent link: https://www.econbiz.de/10012956708

The Real Exchange Rate in the Long Run : Balassa-Samuelson Effects Reconsidered

Bordo, Michael D. - 2014

Historical data for over hundred years and 14 countries is used to estimate the long-run effect of productivity on the real exchange rate. We find large variations in the productivity effect across four distinct monetary regimes in the sample period. Although the traditional Balassa-Samuelson...

Persistent link: https://www.econbiz.de/10013050476