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Turkey and the EU : politics and economics of accession

Flam, Harry - 2003

This paper discusses political and economic aspects of Turkish accession. Under present rules, Turkey would have the greatest number of council votes within twenty years, and receive the largest budget transfer. Free migration may increase the Turkish immigrant population in Germany from 2 to...

Persistent link: https://www.econbiz.de/10011506471

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

Transparency, specialization and FDI

Razin, Asaf; Tsadḳah, Efrayim - 2004

We develop a simple information-based model of FDI flows. On the one hand, the relative abundance of intangible capital in specialized industries in the source countries, which presumably generates expertise in screening investment projects in the host countries, enhances FDI flows. On the other...

Persistent link: https://www.econbiz.de/10011402538

Long memory in US real output per capita

Caporale, Guglielmo Maria; Gil-Alaña, Luis A. - 2009

This paper analyses the long memory properties of quarterly real output per capita in the US (1948Q1 - 2008Q3) using non-parametric, semi-parametric and parametric techniques. The results vary substantially depending on the methodology employed. Evidence of mean reversion is obtained in a...

Persistent link: https://www.econbiz.de/10003850276

Rainy day politics : an instrumental variables approach to the effect of parties on political outcomes

Lind, Jo Thori - 2014

Rain affects electoral turnout both through a direct effect on the cost of voting and by changing the opportunity cost. In a panel of Norwegian municipalities I find that rain on Election Day increases turnout. As turnout affects electoral outcomes, rain provides an exogeneous source of...

Persistent link: https://www.econbiz.de/10010383810

Populists in power

Dörr, Luisa; Potrafke, Niklas; Rösel, Felix - 2021

We examine how populist governments influence political culture and economic outcomes. Some Austrian communities are governed by far-right populist mayors, directly elected by a majority of voters. We exploit close elections and find that the electorate becomes more polarized under populist...

Persistent link: https://www.econbiz.de/10012628748

Reactivity in economic science

Frey, Bruno S. - 2017

There is a fundamental difference between the natural and the social sciences due to reactivity. This difference remains even in the age of Artificially Intelligent Learning Machines and Big Data. Many academic economists take it as a matter of course that economics should become a natural...

Persistent link: https://www.econbiz.de/10011700543

The renaissance of ordoliberalism in the 1970s and 1980s

Krieger, Tim; Nientiedt, Daniel - 2023

The economic tradition of ordoliberalism, understood as the theoretical and policy ideas of the Freiburg School, emerged in 1930s and 1940s Germany. In the years thereafter, it was quickly superseded by Keynesianism and other theories imported from the English-speaking world. The crisis in...

Persistent link: https://www.econbiz.de/10014304519

Harassment, corruption and economic policy

Marjit, Sugata; Mukherjee, Vivekananda; Mukherjee, Arijit - 1999

This paper introduces harassment in a model of bribery and corruption. We characterize the harassment equilibrium and show that taxpayers with all possible levels of income participate in such an equilibrium. Harassment has a regressive bias. Harassment cost as such may not affect tax revenue....

Persistent link: https://www.econbiz.de/10009781684

The interplay of economic, social and political fragmentation

Bosworth, Steven; Snower, Dennis J. - 2019

This paper examines how skill-biased growth can generate economic fragmentation (income disparities) that give rise to social fragmentation (the adoption of increasingly incompatible social identities and values), which generate political fragmentation (the adoption of increasingly incompatible...

Persistent link: https://www.econbiz.de/10012120280

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