Showing 1 - 7 of 7
Sanctions restrict cross-border interactions and, therefore, not only put political and economic pressure on the target country, but they also adversely affect the sender country. This paper examines the effect of financial sanctions on the country imposing them. In particular, we analyze the...
Persistent link: https://www.econbiz.de/10011855643
We examine the extent to which financial sanctions imposed by Germany through its European Union and United Nations commitments cause collateral damage on Germany's trade in goods and services. Financial sanctions reduce Germany's inflows and outflows of financial assets, as well as imports and...
Persistent link: https://www.econbiz.de/10014336477
Persistent link: https://www.econbiz.de/10003496529
Persistent link: https://www.econbiz.de/10003498627
-cyclical pattern is examined by separating business creation into two components: "opportunity" and "necessity" entrepreneurship … operational definition of opportunity versus necessity entrepreneurship using readily available nationally representative data. We … consistent with the standard theoretical economic model of entrepreneurship. Using this definition we document that "opportunity …
Persistent link: https://www.econbiz.de/10011789099
We explore the various arguments for and against the recommendation that younger households should invest a larger share of their pension wealth in risky assets. The ability of young agents to compensate their financial losses by saving more during their career provides the strongest argument in...
Persistent link: https://www.econbiz.de/10002577086
Using a unique confidential data set with industry disaggregation of official U.S. claims and liabilities, we find that dollar-denominated securities are increasingly inter-mediated by tax havens financial centers (THFC) and by less regulated funds. These securities are risky and respond to...
Persistent link: https://www.econbiz.de/10012210945