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We study the link between subnational capital cities and urban development using a global data set of hundreds of first-order administrative and capital city reforms from 1987 until 2018. We show that gaining subnational capital status has a sizable effect on city growth in the medium run. We...
Persistent link: https://www.econbiz.de/10012652841
This paper evaluates the impact of public employment on private sector activity using the relocation of the German federal government from Berlin to Bonn in the wake of the Second World War as a source of exogenous variation. To guide our empirical analysis, we develop a simple economic...
Persistent link: https://www.econbiz.de/10011782110
This paper shows that Tabellini's recent claim to have provided evidence that culture has a causal effect on economic … to support any conclusions about the effect of culture on economic development. -- culture ; economic development …
Persistent link: https://www.econbiz.de/10009683222
Does culture have a causal effect on economic development? The data on European regions suggest that it does. Culture … individual self-determination. To isolate the exogenous variation in culture, I rely on two historical variables used as … level. The exogenous component of culture due to history is strongly correlated with current regional economic development …
Persistent link: https://www.econbiz.de/10003110530
We model EU countries' bank ratings using financial variables and allowing for intercept and slope heterogeneity. Our … aim is to assess whether "old" and "new" EU countries are rated differently and to determine whether "new" ones are … intercepts) are a crucial determinant of ratings. Whilst "new" EU countries typically have lower ratings than "old" ones, after …
Persistent link: https://www.econbiz.de/10003974520
functions which evaluate the entire predictive densities, including an evaluation of the impact of density features such as … individual density forecast performance. -- density forecasts ; forecast evaluation ; real-time data ; Survey of Professional …
Persistent link: https://www.econbiz.de/10009387222
) to the EU and its 28 member states. It provides a powerful tool for unbiased environmental assessments in enterprises and … investment decisions. Contents Methodological Basics Data Research and Results Eco Factors for EU28 Target Groups Practitioners …
Persistent link: https://www.econbiz.de/10012692269
under imperfect monitoring, optimization of donor policy preferences, and ex-post evaluation of aid programs. The … Eurasia. EU development aid provided a set of reform incentives to post-Soviet planners. It created the grounds for the … Economics and Political Science, University of California, Berkeley. Aid in Transition: EU Development Cooperation with Russia …
Persistent link: https://www.econbiz.de/10012402221
The focus of this volume is on the development of new approaches for the market-conform valuation of newly issued derivatives. The first chapter presents a flexible approach to construct the binomial process of the underlying asset price by using a simultaneously backward and forward induction...
Persistent link: https://www.econbiz.de/10013520525
-Criteria Analysis for Policy Evaluation -- Conclusions …
Persistent link: https://www.econbiz.de/10013522814