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Agency and communication in IMF conditional lending : theory and empirical evidence
Marchesi, Silvia; Sabani, Laura; Dreher, Axel - 2009
the countries’ authorities, openness, and transparency, consistently with the theory. -- IMF conditionality ; delegation …
Persistent link: https://www.econbiz.de/10003813630
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Information transmission and ownership consolidation in aid programs
Dreher, Axel; Marchesi, Silvia - 2013
example of a "delegation-scheme." Conversely, project aid represents a more "centralized" type of aid. According to the theory …
Persistent link: https://www.econbiz.de/10010199746
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Information transmission within federal fiscal architectures : theory and evidence
Gehring, Kai; Kotsogiannēs, Chrēstos; Marchesi, Silvia - 2013
This paper explores the role of information transmission and misaligned interests across levels of government in explaining variation in the degree of decentralization across countries. Within a two-sided incomplete information principal-agent framework, it analyzes two alternative...
Persistent link: https://www.econbiz.de/10010126407
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Inequality and relative reliance on tariffs : theory and evidence
Katsimē, Margarita (contributor);  … - 2005
country and the (developed) rest of the world. Despite labour being the only factor of production in this model, tariffs (in …
Persistent link: https://www.econbiz.de/10002757774
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The risk of policy tipping and stranded carbon assets
Ploeg, Frederick van der; Rezai, Armon - 2019 - Revised July 2019
If global warming is to stay below 2°C, there are four risks of assets stranding. First, substantial fossil fuel reserves will be stranded at the end of the fossil era. Second, this will be true for exploration capital too. Third, unanticipated changes in present or expected future climate...
Persistent link: https://www.econbiz.de/10012039083
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Beyond the dogma of the fixed book price agreement
Ploeg, Frederick van der - 2003
the book world and the political arena. …
Persistent link: https://www.econbiz.de/10011507914
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The volatility curse : revisiting the paradox of plenty
Ploeg, Frederick van der; Poelhekke, Steven - 2009
The volatility of unanticipated output growth in income per capita is detrimental to long-run development, controlling for initial income per capita, population growth, human capital, investment, openness and natural resource dependence. This effect is significant and robust over a wide range of...
Persistent link: https://www.econbiz.de/10003832092
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Inequality and happiness : when perceived social mobility and economic reality do not match
Bjørnskov, Christian; Dreher, Axel; Fischer, Justina A. V. - 2010
social mobility increases. Using data on happiness and a broad set of fairness measures from the World Values Survey, we find … ; World Values Survey …
Persistent link: https://www.econbiz.de/10008697799
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Do natural resources depress income per capita?
Arezki, Rabah; Ploeg, Frederick van der - 2010
Most evidence for the resource curse comes from cross-country growth regressions suffers from a bias originating from the high and ever-evolving volatility in commodity prices. This paper addresses these issues by providing new cross-country empirical evidence for the effect of resources in...
Persistent link: https://www.econbiz.de/10003969214
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The costs of favoritism : is politically-driven aid less effective?
Dreher, Axel; Klasen, Stephan; Vreeland, James Raymond; … - 2010
World Bank projects and generally find that projects that are potentially politically motivated - such as those granted to … governments holding a non-permanent seat on the United Nations Security Council or an Executive Directorship at the World Bank … Council members with higher short-term debt, however, a negative quality rating is more likely. So we find evidence that World …
Persistent link: https://www.econbiz.de/10003948233