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This study analyses the impact of economic catching-up on annual inflation rates in the European Union with a special … Balassa-Samuelson effect is not an important driver of inflation rates. By contrast, we find that the initial price level and … regulated prices strongly affect inflation outcomes in a nonlinear manner and that the extension of Engel's Law may hold during …
Persistent link: https://www.econbiz.de/10013094566
economic reform, economic growth and, with a delay, on investment and institutional change. Episode of high inflation, moreover …, translate into lower subsequent inflation. Crises thus appear to serve as catalysts of reform and institutional change and lead …
Persistent link: https://www.econbiz.de/10009645638
This article investigates whether China's foreign aid is particularly prone to political capture by political leaders … results show that current political leaders' birth regions receive substantially larger financial flows from China than other …
Persistent link: https://www.econbiz.de/10013018701
regional inequality. Geography, mobility and trade openness are also highly important. …
Persistent link: https://www.econbiz.de/10011272626
This paper explores official trade data to identify patterns of smuggling in international trade. Our main measure of … interest is the difference in matched partner trade statistics, i.e., the extent to which the recorded export value in the … with the level of corruption in both partner countries. This finding supports the hypothesis that trade gaps partly …
Persistent link: https://www.econbiz.de/10005181615
, and Slovakia) using GARCH and TARCH models between 1999 and 2006. Despite these countries adopted inflation targeting …
Persistent link: https://www.econbiz.de/10005765724
This study analyses the impact of economic catching-up on annual inflation rates in the European Union with a special … Balassa-Samuelson effect is not an important driver of inflation rates. By contrast, we find that the initial price level and … regulated prices strongly affect inflation outcomes in a nonlinear manner and that the extension of Engel’s Law may hold during …
Persistent link: https://www.econbiz.de/10008596582
, rapidly narrowed the productivity gap with advanced economies. In contrast, in countries of the Commonwealth of Independent … States, which embarked on reforms later and contented with less depth, the productivity gap remains substantial. While the …
Persistent link: https://www.econbiz.de/10013147452
, rapidly narrowed the productivity gap with advanced economies. In contrast, in countries of the Commonwealth of Independent … States, which embarked on reforms later and contented with less depth, the productivity gap remains substantial. While the …
Persistent link: https://www.econbiz.de/10008572571
by destroying his or her own endowment. We focus on how stake size (endowment) and emotions influence responses in China …
Persistent link: https://www.econbiz.de/10012992607