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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
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Structural Transformation, Marketization, and Household Production Around the World
Bridgman, Benjamin - 2015
We provide evidence on household and market production in 36 countries since 1960. On average the household sector accounts for almost half of total hours worked. As GDP per capita increases, the employment share of household production in total hours worked initially declines and then hardly...
Persistent link: https://www.econbiz.de/10013012290
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Globalization and Income Inequality Revisited
Dorn, Florian; Fuest, Clemens; Potrafke, Niklas - 2021
relationship between globalization and inequality. We conclude that institutions providing income insurance and education, which …
Persistent link: https://www.econbiz.de/10013315438
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Shadow Economies and Corruption All Over the World : What Do We Really Know?
Schneider, Friedrich - 2021
estimation methods are discussed and critically evaluated …
Persistent link: https://www.econbiz.de/10013317397
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A Cross-Country Empirical Analysis of International Reserves
Cheung, Yin-Wong - 2013
between developed and developing economies and is not stable over time. The estimation results indicate that, especially …
Persistent link: https://www.econbiz.de/10013095899
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The Nature of Risk Preferences : Evidence from Insurance Choices
Barseghyan, Levon; Molinari, Francesca; O'Donoghue, Ted; … - 2021
We use data on insurance deductible choices to estimate a structural model of risky choice that incorporates 'standard …
Persistent link: https://www.econbiz.de/10013315858
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Remittances, Banking Status and the Usage of Insurance Schemes
Crayen, Dorothee - 2013
can be used to self-insure, substituting for both formal and informal insurance. We investigate this question using a … remittances, which supports the idea that remittances act as (self-) insurance. We also show that purchasing formal funeral cover … is influenced by other risk management strategies and that determinants of informal insurance differ from those of formal …
Persistent link: https://www.econbiz.de/10013094542
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Asymmetry in Volatility : A Comparison of Developed and Transition Stock Markets
Wdowinski, Piotr; Malecka, Marta - 2021
ARCH modelling framework of Engle (1982) and its GARCH generalization of Bollerslev (1986) gave a huge impetus to econometric model building in the field of financial time series with time-varying variance. The main idea of the models was to describe the most typical features of capital markets...
Persistent link: https://www.econbiz.de/10013316234
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Regional and Ethnic Favoritism in the Allocation of Humanitarian Aid
Bommer, Christian - 2018
International humanitarian aid is pivotal in the response to natural disasters suffered by low-and middle-income countries. While its allocation has been shown to be influenced by donors' foreign policy considerations, power relations within recipient countries have not been addressed. This...
Persistent link: https://www.econbiz.de/10012915575
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Hurricanes, Economic Growth and Transmission Channels - Empirical Evidence for Developed and Underdeveloped Countries
Berlemann, Michael - 2016
While the short-term growth consequences of natural disasters are comparatively well studied, there is little knowledge how disasters affect long-run growth. Based on truly exogenous storm indicators, derived from a meteorological database, we show that the growth effects of tropical storms go...
Persistent link: https://www.econbiz.de/10012982260