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Debt relief and good governance : new evidence

Freytag, Andreas; Pettersson, Jonatan; Schmied, Julian - 2017

Since the introduction of the HIPC Initiative in the early 2000s, indebted LICs had to show a decent governance performance before their debts were forgiven. We discuss the hypothesis that during the follow-up, Multilateral Debt Relief Initiative (MDRI), the World Bank has refrained from this...

Persistent link: https://www.econbiz.de/10011611187

The Covid-19 pandemic and European trade patterns : a sectoral analysis

Caporale, Guglielmo Maria; Sova, Anamaria Diana; Sova, … - 2022

This paper examines how the Covid-19 pandemic affected European trade patterns. Specifically, dynamic panel data models are estimated to assess the effects on exports and imports of various sectors and products (selected on the basis of their trading volume or strategic importance) of the...

Persistent link: https://www.econbiz.de/10013457807

State-owned enterprises, shirking and trade liberalization

Madanmohan, Ghosh; Whalley, John - 2000

imports can also occur. These models when calibrated to 1995 data for Vietnam also suggest quantitatively much larger impacts …

Persistent link: https://www.econbiz.de/10009781577

Consumer sentiment during the Covid-19 pandemic : the role of others' beliefs

Bui, Dzung; Dräger, Lena; Hayo, Bernd; Giang Hong Nghiem - 2021

sentiment. Conducting consumer surveys with randomized control trials (RCTs) in Thailand and Vietnam during the COVID-19 … asymmetric across our sample countries, as it shows opposite appropriateness ratings of the governments’ reaction in Vietnam and … only in Vietnam, where the sign of the effect suggests that the treatments are viewed as positive news. Moreover, consumer …

Persistent link: https://www.econbiz.de/10012500548

The quantification of structural reforms : extending the framework to emerging market economies

Égert, Balázs - 2018

This paper estimates and quantifies the impact of structural reforms on per capita income for a large set of OECD and non-OECD countries. The findings suggest that the quality of institutions matters to a large extent for economic outcomes. More competition-friendly regulations, as measured by...

Persistent link: https://www.econbiz.de/10011800715

Dynamics and time scope of post war recovery required for compensating civil war economic losses

Nam, Chang-woon; Schumacher, Jan - 2013

Civil war is often caused by poverty, and further demolishes existing capital. Such a vicious circle is detrimental for economic development of countries experiencing civil war. Civil war may also contribute to creative destructions of traditional economic, social and political system, leading...

Persistent link: https://www.econbiz.de/10009786203

How do taxpayers respond to tax subsidy for long-term savings? : evidence from Thailand's tax return data

Athiphat Muthitacharoen; Trongwut Burong - 2021

This paper uses a panel of personal income tax return data for the population of Thai tax filers to examine how individuals respond to tax subsidy for long-term savings. We utilize the 2013 tax reform that lowered the price subsidy for long-term savings in order to obtain causal identification....

Persistent link: https://www.econbiz.de/10012437871

Do natural disasters stimulate individual saving? : evidence from a natural experiment in a highly developed country

Berlemann, Michael; Steinhardt, Max Friedrich; Tutt, Jascha - 2015

While various empirical studies have found negative growth-effects of natural disasters, little is yet known about the microeconomic channels through which disasters might affect short- and especially long-term growth. This paper contributes to filling this gap in the literature by studying how...

Persistent link: https://www.econbiz.de/10010518804

The effects of foreign aid on refugee flows

Dreher, Axel; Fuchs, Andreas; Langlotz, Sarah - 2018

This article analyzes whether foreign aid affects the net flows of refugees from recipient countries. Combining refugee data on 141 origin countries over the 1976-2013 period with bilateral Official Development Assistance data, we estimate the causal effects of a country’s aid receipts on both...

Persistent link: https://www.econbiz.de/10011794246

Stigma or cushion? : IMF programs and sovereign creditworthiness

Gehring, Kai; Lang, Valentin - 2018

IMF programs are often considered to carry a "stigma" that triggers adverse market reactions. We show that such a negative IMF effect disappears when accounting for endogenous selection into programs. To proxy for a country's access to financial markets, we use credit ratings and investor...

Persistent link: https://www.econbiz.de/10011931328