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On cross-country differences in the persistence of real exchange rates
Cheung, Yin-Wong; Lai, Kon-sun - 1999
Previous findings of long-run purchasing power parity come mainly from data for industrial countries, raising the issue of whether the results suffer sample-selection bias and exaggerate the general relevance of parity reversion. This study uncovers substantial cross-country heterogeneity in the...
Persistent link: https://www.econbiz.de/10001446960
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Autarchy, market disintegration, and health : the mortality and nutritional crisis in Nazi Germany, 1933-1937
Baten, Jörg; Wagner, Andrea - 2002
We compare trends in mortality, nutritional status and food supply to other living standard indicators for the early years of the Nazi period. We find that Germany experienced a substantial increase in mortality rates in most age groups in the mid-1930s, even relative to those of 1932, the worst...
Persistent link: https://www.econbiz.de/10001726854
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Did partial globalization increase inequality? Did inequality stimulate globalization backlash? : The case of the latin american periphery, 1950-80
Baten, Jörg - 2002
Inequality is an important threat to the globalization of the world economy that we experience today. This contribution … to a "globalization backlash". The closing of commodity and capital markets did always take place during - or 5-10 years …
Persistent link: https://www.econbiz.de/10001682381
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Capital market institutions and venture capital : do they affect unemployment and labour demand?
Fehn, Rainer; Fuchs, Thomas - 2003
This paper analyses the influence of the capital market on the labour market. Especially the impact of start-up financing on the structure of unemployment is of interest. We use a cross-country panel data analysis to examine how venture capital investment influences disaggre-gate unemeployment....
Persistent link: https://www.econbiz.de/10001775067
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Financial development, financial fragility, and growth
Loayza, Norman; Rancière, Romain - 2002
This paper attempts to reconcile the apparent contradiction between two strands of the literature on the effects of financial intermediation on economic activity. On the one hand, the empirical growth literature finds a positive effect of financial depth as measured by, for instance, private...
Persistent link: https://www.econbiz.de/10001653707
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Exploring the intensive and extensive margins of world trade : presented at Venice Summer Institute, Workshop on Dissecting Globalization, July 2004/ Gabriel J. Felbermayr; Wilhelm...
Felbermayr, Gabriel; Kohler, Wilhelm - 2004
World trade evolves at two margins. Where a bilateral trading relationship already exists it may increase through time … have not traded with each other in the past (extensive margin). We provide an empirical dissection of post-World …-War-II growth in manufacturing world trade along these two margins. We propose a corner-solutions-versionʺ of the gravity model to …
Persistent link: https://www.econbiz.de/10002246182
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Shadow economies around the world : what do we know?
Schneider, Friedrich; Klinglmair, Robert - 2004
Using various statistical procedures, estimates about the size of the shadow economy in 110 developing, transition and OECD countries are presented. The average size of the shadow economy (in percent of official GDP) over 1999-2000 in developing countries is 41 percent, in transition countries...
Persistent link: https://www.econbiz.de/10002039255
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An empirical investigation into exchange regime choice and exchange rate volatility
Berger, Helge; Sturm, Jan-Egbert; Haan, Jakob de - 2000
We test a simple model of exchange rate regime choice with data for non-OECD countries covering the period 1980-94. We find the variance of output at home and in potential target countries as well as the correlation between home and foreign real activity are powerful and robust predictors of...
Persistent link: https://www.econbiz.de/10001473991
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Shadow economies and corruption all over the world: what do we really know?
Schneider, Friedrich - 2006
Estimations of the size and development of the shadow economy for 145 countries, including developing, transition and highly developed OECD economies over the period 1999 to 2003 are presented. The average size of the shadow economy (as a percent of officialʺ GDP) in 2002/03 in 96 developing...
Persistent link: https://www.econbiz.de/10003387578
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Shadow economies around the world - size, causes, and consequences
Schneider, Friedrich - 1999
Persistent link: https://www.econbiz.de/10013361012