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Shedding light on the shadow economy : a global database and the interaction with the official one

Medina, Leandro; Schneider, Friedrich - 2019 - 2nd version

estimating the size of the shadow economy for 157 countries over 1991 to 2017. The results suggest that the OECD countries are by … far the lowest with values below 20% of off official GDP and the shadow economy is larger in Latin America and Sub ….9 %. What is really remarkable, that the average decline of the shadow economy from 1991 to 2017 is 6.8 percentage points. The …

Persistent link: https://www.econbiz.de/10012138830

The economic effects of federalism and decentralization : a cross-country assessment

Voigt, Stefan; Blume, Lorenz - 2009

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

The economic effects of direct democracy : a first global assessment

Blume, Lorenz (contributor); Müller, Jens (contributor); … - 2007

Persistent link: https://www.econbiz.de/10003624036

The international economics of natural resources and growth

Thorvaldur Gylfason (contributor) - 2007

Persistent link: https://www.econbiz.de/10003497703

Does financial integration spur economic growth? : New evidence from the first era of financial globalization

Schularick, Moritz (contributor); … - 2006

Does international financial integration boost economic growth? The question has been discussed controversially for a long time. As of yet, robust evidence for a positive impact is lacking (Edison et al., 2002). However, there is substantial narrative evidence from economic history that...

Persistent link: https://www.econbiz.de/10003301349

Brain drain in the age of mass migration : does relative inequality explain migrant selectivity?

Stolz, Yvonne; Baten, Jörg - 2012

Brain drain is a core economic policy problem for many developing countries today. Does relative inequality in source and destination countries influence the brain-drain phenomenon? We explore human capital selectivity during the period 1820-1909.We apply age heaping techniques to measure human...

Persistent link: https://www.econbiz.de/10009488997

Transportation costs and the great divergence

Azarnert, Leonid V. - 2014

This work shows the asymmetric effect of the reduction in transportation costs across different sectors in the process of the Great Divergence. Specifically, the analysis indicates that reductions in transportation costs of industrial goods enhance convergence of the growth rates of trading...

Persistent link: https://www.econbiz.de/10010347039

Forecasting economic and financial variables with global VARs

Pesaran, M. Hashem (contributor); … - 2008

Persistent link: https://www.econbiz.de/10003662971

The effects of systemic banking crises in the inter-war period

Rocha, Bruno T. da; Solomou, Solomos - 2015

This paper examines the time-profile of the impact of systemic banking crises on GDP and industrial production using a panel of 24 countries over the inter-war period and compares this to the post-war experience of these countries. We show that banking crises have effects that induce medium-term...

Persistent link: https://www.econbiz.de/10010496916

Religion in economic history : a survey

Becker, Sascha O.; Rubin, Jared; Woessmann, Ludger - 2020

Islam and Islamic institutions played in political-economy outcomes and in the "long divergence" between the Middle East and …

Persistent link: https://www.econbiz.de/10012229328