Showing 1 - 10 of 19
International carbon markets are frequently propagated as an efficient instrument for reducing CO2 emissions. We argue that such markets, despite their desirable efficiency properties, might not be in the best interest of governments who are guided by strategic considerations in negotiations. We...
Persistent link: https://www.econbiz.de/10012215277
In this project we explore the relationship between leader change and relations between states. Voting in the United … Naion's General Assembly (UNGA) is often used as a measure of political proximity between countries. We use UN voting …’s voting with the United States. In this paper we explore how leadership change affects UNGA voting. Using differences between …
Persistent link: https://www.econbiz.de/10003908562
Bailouts sponsored by the International Monetary Fund (IMF) are famous for their conditionality: in return for continued installments of desperately needed loans, governments must comply with austere policy changes. Many have suggested, however, that politically important countries face rather...
Persistent link: https://www.econbiz.de/10009757253
Persistent link: https://www.econbiz.de/10013428483
economic forecasts. We find a systematic bias in growth and inflation forecasts. Our results indicate that countries voting in …
Persistent link: https://www.econbiz.de/10003764051
We examine the relationship between terrorism and cabinet duration. Our data set includes more than 2,400 cabinets in over 150 countries in the period 1968-2002. We find a small, but significant effect of terrorism on the probability of government failure. Furthermore, we find that the impact of...
Persistent link: https://www.econbiz.de/10003764094
We examine whether and under which circumstances World Bank projects and IMF programs affect the likelihood of major government crises. Using a sample of more than 90 developing countries over the period 1970-2002, we find that crises are on average more likely as a consequence of Bank and Fund...
Persistent link: https://www.econbiz.de/10003764224
What are the main causes of international terrorism? The lessons from the surge of academic research that followed 9/11 remain elusive. The careful investigation of the relative roles of economic and political conditions did little to change the fact that existing econometric estimates diverge...
Persistent link: https://www.econbiz.de/10003908642
This paper analyzes whether the educational and professional background of a head of government matters for the implementation of market-liberalizing reforms. Employing panel data over the period 1970-2002, we present empirical evidence based on a novel data set covering profession and education...
Persistent link: https://www.econbiz.de/10003387377
We analyze the influence of IMF and World Bank programs on political regime transitions. We develop an extended version of Acemoglu and Robinson's [American Economic Review 91, 2001] model of political transitions to show how the anticipation of new loans from international financial...
Persistent link: https://www.econbiz.de/10009629705