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This paper explores the idea that institutional details matter and that attempts to estimate the economic effects of federalism by employing a simple dummy variable neglect potentially important institutional details. Based on a principal component analysis, seven aspects of both federalism and...
Persistent link: https://www.econbiz.de/10003882595
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-making ; trial by jury ; jurors ; lay assessors ; constitutional economics ; civil society ; quality of governance ; history of …
Persistent link: https://www.econbiz.de/10003748487
of the politics and political-economy considerations that led to the specific content of each fiscal program will have to …
Persistent link: https://www.econbiz.de/10012628797
international reserves (IR). We confirm that the determinants of IR hoarding evolve with developments in the global economy. During …. Developed countries display different demand behaviors for IRs. Our predictive exercise affirms that an emerging market economy …
Persistent link: https://www.econbiz.de/10010490278