Showing 1 - 10 of 182
economic integration encourages governments to take steps to resolve conflicts and vice versa, creating a virtuous circle of …
Persistent link: https://www.econbiz.de/10013104253
fractional integration and fractional cointegration techniques. These methods are more general and have higher power than the …
Persistent link: https://www.econbiz.de/10013013497
Until 2009, the United Kingdom operated a system of worldwide taxation. Taxation of foreign income was deferred until repatriated as dividends, leaving UK-owned multinational firms the possibility of avoiding UK taxation by delaying dividend payments and keeping earnings abroad. In 2009, the UK...
Persistent link: https://www.econbiz.de/10013100015
We study how the optimal degree of conservatism relates to decision-making procedures in a Monetary Policy Committee (MPC). In our framework, central bank conservatism is required to attenuate the volatility of monetary decisions generated by the presence of uncertainty about the committee...
Persistent link: https://www.econbiz.de/10013047346
We use a change in the voting procedures of one of the two chambers of the Swiss parliament to explore how transparency affects the voting behavior of its members. Until 2013, the Council of States (Ständerat) had voted by a show of hands. While publicly observable at the time of the vote,...
Persistent link: https://www.econbiz.de/10012999777
We study the returns to political office using data from Finnish parliamentary elections in 1970-2007 and municipal elections in 1996-2008. The discontinuity of electoral outcomes in individual candidate votes allows us to estimate the causal effect of being elected on subsequent income. Getting...
Persistent link: https://www.econbiz.de/10013315649
-West border; political integration is not rapidly followed by economic integration. Instead, we estimate that it takes at least …
Persistent link: https://www.econbiz.de/10008572489
concentration on social integration. The exogenous placement of immigrants “switches off” observable and unobservable differences in …-ethnics increases migrants’ interaction cost with natives and thus reduces the likelihood of integration. …
Persistent link: https://www.econbiz.de/10010877983
This article analyzes the consequences of integration in public education. I show that the flight from the integrated … among more affluent parents whose children flee. In contrast, among less prosperous parents, integration in public education … rich, who can resort to private education. I also analyze the overall society-wide effect of the integration policy and …
Persistent link: https://www.econbiz.de/10009274518
The expansion of regionalism has spawned an extensive theoretical literature analysing the effects of Free Trade Agreements (FTAs) on trade flows. In this paper we focus on FTAs (also called European agreements) between the European Union (EU-15) and the Central and Eastern European countries...
Persistent link: https://www.econbiz.de/10012769922