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Is Capital Mobility Good for Public Good Provision?

Schwerhoff, Gregor - 2013

We set up a general model on capital mobility which contains many of the models in the literature as special cases. The race to the bottom results not from a capital flight effect, but rather from a kind of Laffer curve effect in public good provision. Selectively introducing simplifying...

Persistent link: https://www.econbiz.de/10013074402

The Geography of Linguistic Diversity and the Provision of Public Goods

Desmet, Klaus - 2017

This paper theoretically analyzes and empirically investigates the importance of local interaction between individuals of different linguistic groups for the provision of public goods at the national level. Depending on whether local interaction mitigates or reinforces antagonism towards other...

Persistent link: https://www.econbiz.de/10012964695

Forging a Global Environmental Agreement Through Trade Sanctions on Free Riders?

Eichner, Thomas - 2015

This paper studies the formation of self-enforcing global environmental agreements in a world economy with …

Persistent link: https://www.econbiz.de/10013020519

Improving Global Public Goods Supply through Conditional Transfers - The International Adaptation Transfer Riddle

Pittel, Karen - 2013

In order to overcome the underprovision of global public goods various different policy approaches have been proposed. In the climate policy arena, international transfers are frequently seen as an effective means to raise the provision of the global public good ‘climate change mitigation'....

Persistent link: https://www.econbiz.de/10013086603

Making World Heritage Truly Global : The Culture Certificate Scheme

Frey, Bruno S. - 2014

Culture has attributes of a global public good that needs to be preserved for mankind as a whole. World Culture … Certificates are proposed to efficiently preserve World Heritage. The community of nations has to agree on the Global Heritage List … and how much each nation is to contribute to that purpose. Each World Heritage site conserved is acknowledged through the …

Persistent link: https://www.econbiz.de/10013070880

World Heritage List : Does it Make Sense?

Frey, Bruno S. - 2010

The UNESCO World Heritage List contains the 900 most treasured Sites of humanity's culture and landscapes. The World …

Persistent link: https://www.econbiz.de/10013142233

International Portfolio Flows and Exchange Rate Volatility for Emerging Markets

Caporale, Guglielmo Maria - 2015

This paper investigates the effects of equity and bond portfolio inflows on exchange rate volatility, using monthly bilateral data for the US vis-a-vis eight Asian developing and emerging countries (India, Indonesia, South Korea, Pakistan, Hong Kong, Thailand, the Philippines, and Taiwan) over...

Persistent link: https://www.econbiz.de/10013009868

Global Cycles : Capital Flows, Commodities, and Sovereign Defaults, 1815-2015

Reinhart, Carmen - 2016

Capital flow and commodity cycles have long been connected with economic crises. Sparse historical data, however, has made it difficult to connect their timing. We date turning points in global capital flows and commodity prices across two centuries and provide estimates from alternative data...

Persistent link: https://www.econbiz.de/10012997239

Human Capital and the Feldstein-Horioka Puzzle

Katsimi, Margarita - 2007

In this paper we reexamine the Feldstein-Horioka finding of limited international capital mobility by using a broader view (i.e., including human capital) of investment and saving. We find that the Feldstein-Horioka result is impervious to this change

Persistent link: https://www.econbiz.de/10012777642

Financing Higher Education in a Mobile World

Demange, Gabrielle - 2012

This paper analyzes how integrated labor markets affect the financing of higher education. For this, we employ a general-equilibrium model with overlapping generations and individuals who differ in their abilities. At the first stage, governments can choose the quality of education and the...

Persistent link: https://www.econbiz.de/10013104571

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