Showing 1 - 10 of 158
Acknowledging the fact that the growth experience of countries is seldom well described by the average growth rate, this paper aims at identifying countries that are similar in terms of their growth process, thus emphasizing the dynamics of growth rates. To that end, the growth experience of...
Persistent link: https://www.econbiz.de/10003876023
Persistent link: https://www.econbiz.de/10000888170
Persistent link: https://www.econbiz.de/10000143160
Persistent link: https://www.econbiz.de/10000333424
Persistent link: https://www.econbiz.de/10003731174
Persistent link: https://www.econbiz.de/10003753590
Persistent link: https://www.econbiz.de/10003649189
Persistent link: https://www.econbiz.de/10003824478
We study the impact of import protection on relationship-specific investments, organizational choice and welfare. We show that a tariff on intermediate inputs can improve social welfare through mitigating hold-up problems. It does so if it discriminates in favor of the investing party, thereby...
Persistent link: https://www.econbiz.de/10003867892
Can the structure of asset markets change the way monetary policy should be conducted? Following a linear-quadratic approach, the present paper addresses this question in a New Keynesian small open economy framework. Our results reveal that the configuration of asset markets significantly...
Persistent link: https://www.econbiz.de/10003868113