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Decentralization as a disincentive for transnational terror? An empirical test

Dreher, Axel; Fischer, Justina A. V. - KOF Swiss Economic Institute, Department of Management, … - 2008

Using panel data for a maximum of 109 countries over the years 1976-2000, we empirically analyze the impact of decentralization on the occurrence of transnational terror. Taking account of the potential simultaneity between terror and decentralization, our results show that expenditure...

Persistent link: https://www.econbiz.de/10005731496

Does Terror Threaten Human Rights? Evidence from Panel Data

Dreher, Axel; Gassebner, Martin; Siemers, Lars-H. R. - KOF Swiss Economic Institute, Department of Management, … - 2007

The paper presents a political economy model linking terror and governments’ respect for human rights. Using panel data for 111 countries over the period 1973-2002, we then empirically analyze whether and to what extent terror affects human rights – measured by three indices covering a wide...

Persistent link: https://www.econbiz.de/10005731515

Cross-Country Determinants of Life Satisfaction: Exploring Different Determinants across Groups in Society

Bjørnskov, Christian; Dreher, Axel; Fischer, Justina A.V. - KOF Swiss Economic Institute, Department of Management, … - 2006

This paper explores a wide range of cross-country determinants of life satisfaction exploiting a database of 90,000 observations in 70 countries. We distinguish four groups of aggregate variables as potential determinants of satisfaction: political, economic, institutional, and human development...

Persistent link: https://www.econbiz.de/10005731464

Do Differences in Institutional and Legal Environments Explain Cross-Country Variations in IPO Underpricing?

Hopp, Christian; Dreher, Axel - KOF Swiss Economic Institute, Department of Management, … - 2007

We empirically analyze the determinants of Initial Public Offering (IPO) underpricing using panel data for 29 countries over the period 1988-2005. Our hypotheses stress the importance of institutional and legal factors in explaining cross-country variations. We find that increased protection of...

Persistent link: https://www.econbiz.de/10005731466

Formal Institutions and Subjective Well-Being: Revisiting the Cross-Country Evidence

Bjørnskov, Christian; Dreher, Axel; Fischer, Justina A.V. - KOF Swiss Economic Institute, Department of Management, … - 2008

A long tradition in economics explores the association between the quality of formal institutions and economic … performance. The literature on the relationship between such institutions and happiness is, however, rather limited. In this paper …, we revisit the findings from recent cross-country studies on the institutions-happiness association. Our findings suggest …

Persistent link: https://www.econbiz.de/10005731497

Power to the People? The Impact of Decentralization on Governance

Dreher, Axel - KOF Swiss Economic Institute, Department of Management, … - 2006

The paper analyzes the impact of decentralization on governance employing four indicators of governance and five measures of decentralization. Depending on data availability, crosssections for a maximum of 129 countries are estimated. Results for a panel of about 70 countries over the period...

Persistent link: https://www.econbiz.de/10005227332

Banking permits : economic efficiency and distributional effects

Bosetti, Valentina; Carraro, Carlo; Massetti, Emanuele - 2008

Persistent link: https://www.econbiz.de/10003640573

Global portfolio rebalancing under the microscope

Hau, Harald; Rey, Hélène - 2008

"The dramatic increase in gross stock of foreign assets and liability has revived interest in the portfolio balance theory of international investment. Evidence on the validity of this theory has always been scarce and inconclusive. The current paper derives testable empirical implications from...

Persistent link: https://www.econbiz.de/10003740950

The emergence of the Euro as an international currency

Alogoskouphēs, Giōrgos; Portes, Richard; Rey, Hélène - 1997

Persistent link: https://www.econbiz.de/10000647227

Optimal energy investment and R&D strategies to stabilise greenhouse gas atmospheric concentrations

Bosetti, Valentina; Carraro, Carlo; Massetti, Emanuele; … - 2007

Persistent link: https://www.econbiz.de/10003593129