Showing 1 - 10 of 297
We study immigration policy in a small receiving economy under self-selection of migrants. We show that a non … (crowd in) skilled migrants and thus confirm initial beliefs. This self-fulfilling mechanism sustains the endogenous …
Persistent link: https://www.econbiz.de/10013108468
terrorist attacks against foreigners in their host country. High skilled migrants are associated with a significantly lower risk … of terror compared to low skilled ones, while there is no significant difference between male and female migrants …
Persistent link: https://www.econbiz.de/10012955418
Remittances have greatly increased during recent years, becoming an important and reliable source of funds for many … developing countries. Therefore, there is a strong incentive for receiving countries to attract more remittances, especially … apply a two-step method akin to two stage least squares to deal with the endogeneity of remittances and potential …
Persistent link: https://www.econbiz.de/10013316200
Initially, voting rights were limited to wealthy elites providing political support for stock markets. The franchise expansion induces the median voter to provide political support for banking development as this new electorate has lower financial holdings and benefits less from the uncertainty...
Persistent link: https://www.econbiz.de/10013060987
We analyze the effect of immigrants’ legal status on their consumption behavior using unique survey data that samples both documented and undocumented immigrants. To address the problem of sorting into legal status, we propose two alternative identification strategies as exogenous source of...
Persistent link: https://www.econbiz.de/10013315505
-enhancing investment in relationship-specific assets by signalling creditworthiness and long-term planning horizon of their borrowers. We … empirically confirm this hypothesis by showing that industries dependent on relationship-specific investment from their suppliers …
Persistent link: https://www.econbiz.de/10013093852
investment behaviour is to anticipate the implementation of a climate policy by roughly 10 years. Investing in innovation ahead …
Persistent link: https://www.econbiz.de/10013316333
economy that lacks access to cheaper capital goods. In the long run, the investment rate in the open economy is twice as high …
Persistent link: https://www.econbiz.de/10013075128
We propose a development-compatible refunding system designed to mitigate climate change. Industrial countries pay an initial fee into a global fund. Each country chooses its national carbon tax. Part of the global fund is refunded to developing and industrial countries, in proportion to the...
Persistent link: https://www.econbiz.de/10013039305
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