Showing 1 - 10 of 179
We analyze the effect of immigrants' legal status on their consumption behavior using unique survey data that samples both documented and undocumented immigrants. To address the problem of sorting into legal status, we propose two alternative identification strategies as exogenous source of...
Persistent link: https://www.econbiz.de/10011444496
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
This paper analyzes the effect of the removal of government guarantees on bank risk taking. We exploit the removal of guarantees for German Landesbanken which results in lower credit ratings, higher funding costs, and a loss in franchise value. This removal was announced in 2001, but...
Persistent link: https://www.econbiz.de/10010257239
This paper uses fractional integration and cointegration methods to analyse the determinants of the amount of loans … gross investment as determinants of loans to NFCs. The forecasting accuracy of the FCVAR was also assessed by comparing it …
Persistent link: https://www.econbiz.de/10012310523
We study the contribution of loans, granted to different borrower groups, to economic activity in the USA over the … estimation of a large VAR through Bayesian techniques. Loans to households emerge as the most important driver of economic …
Persistent link: https://www.econbiz.de/10012271758
, a deterrent for foreign investors, this does not exclude the possibility that a high incidence of (certain) crimes may …
Persistent link: https://www.econbiz.de/10003763285
We investigate the effects of short-term political motivations on the effectiveness of foreign aid. Donor countries …
Persistent link: https://www.econbiz.de/10009764394
Foreign direct investments (FDI) are an important determinant of economic growth. Coun-tries try to attract mobile …. The aim of this paper is to investigate the impact of foreign direct investment on regional inequalities. First, the … development has on the negative impact from FDI on regional inequality. -- regional inequality ; foreign direct investment ; panel …
Persistent link: https://www.econbiz.de/10009687189
This paper studies the determinants of foreign land acquisition for large-scale agriculture. To do so, gravity models …-ecological potential as a pull factor. In contrast to the literature on foreign investment in general, the quality of the business climate … investors. Implications for policy are discussed. -- land acquisition ; large-scale agriculture ; foreign investments agro …
Persistent link: https://www.econbiz.de/10009387247
heterogeneity of the transition economies into our analysis. We find that foreign banks target relatively large and efficient banks …. However, when foreign banks enter more developed transition economies that have made progress in economic reform, they acquire …
Persistent link: https://www.econbiz.de/10003749434