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threats, corruption, and other relevant controls. While growth falls with higher levels of military spending, given the values …
Persistent link: https://www.econbiz.de/10012469080
In contrast, we find that past crisis experience has a significant impact on savings. When facing considerable political risk, the past does seem to matter - countries with more people who were exposed, over their lifetime, to larger disasters will tend to save more. This association, however,...
Persistent link: https://www.econbiz.de/10012460133
obstacles associated with corruption and weak institutions. We model these circumstances in a principal-agent framework with … economic corruption as an indicator of the strength of property right enforcement within a given country. We compare corruption … levels for a large cross section of countries in 1989 to subsequent FDI flows from 1990 to 1999. We find that corruption is …
Persistent link: https://www.econbiz.de/10012469382
"We examine how financial expansion and contraction cycles affect the broader economy through their impact on 8 real …
Persistent link: https://www.econbiz.de/10011395532
foreigners, and the conditions inducing an emerging market economy to switch its policies. We consider an economy characterized … may induce the emerging market's capitalists to support opening up the economy to FDI. This attitude switch is more likely …
Persistent link: https://www.econbiz.de/10012471387
We evaluate the quartile ranking of countries during the Covid-19 pandemic using both official (i.e., confirmed) and excess mortality data. Contrasting countries' rankings using these two data sources reveal sharp and systematic differences. While higher GDP per capita is associated with a worse...
Persistent link: https://www.econbiz.de/10012938747
How will sovereign debt markets evolve in the 21st century? We survey how the literature has responded to the eurozone debt crisis, placing "lessons learned" in historical perspective. The crisis featured: (i) the return of debt problems to advanced economies; (ii) a bank-sovereign "doom-loop"...
Persistent link: https://www.econbiz.de/10012659067
of the politics and political-economy considerations that led to the specific content of each fiscal program will have to …
Persistent link: https://www.econbiz.de/10012660038
This paper presents the “Ukraine Support Tracker”, which lists and quantifies military, financial and humanitarian aid to Ukraine in the context of the Russia-Ukraine war. This third version covers government commitments between January 24 and May 10, 2022. We now track support by 37...
Persistent link: https://www.econbiz.de/10013198980
This paper introduces the “Ukraine Support Tracker”, which lists and quantifies military, financial and humanitarian aid to Ukraine since Russia’s invasion on February 24, 2022. We measure support from Western governments, namely by G7 and European Union member countries. Due to our focus...
Persistent link: https://www.econbiz.de/10013184140