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Corruption and the shadow economy : an empirical analysis
Dreher, Axel (contributor); Schneider, Friedrich (contributor) - 2006
This paper analyzes the influence of the shadow economy on corruption and vice versa. We hypothesize that corruption … that the shadow economy reduces corruption in high income countries, but increases corruption in low income countries. We … also find that stricter regulations increase both corruption and the shadow economy. -- corruption ; shadow economy …
Persistent link: https://www.econbiz.de/10003332206
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Parity reversion in real exchange rates : fast, slow, or not at all?
Cashin, Paul A.; McDermott, John - In: IMF staff papers 53 (2006) 1, pp. 89-119
Persistent link: https://www.econbiz.de/10003335882
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Thresholds in the process of international financial integration
Kose, M. Ayhan; Prasad, Eswar S.; Taylor, Ashley D. - 2009
, however, is that there seem to be certain "threshold" levels of financial and institutional development that an economy needs …
Persistent link: https://www.econbiz.de/10003831857
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The impact of aid on growth revisited : do donor motives matter?
Kilby, Christopher; Dreher, Axel - 2009
The typical identification strategy in aid effectiveness studies assumes donor motives do not influence the impact of aid on growth. We call this homogeneity assumption into question, first constructing a model in which donor motives matter and then testing the assumption empirically. -- Aid ;...
Persistent link: https://www.econbiz.de/10003832281
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Government decentralization as a disincentive for transnational terror? : an empirical analysis
Dreher, Axel; Fischer, Justina A. V. - 2009
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. Our results show that expenditure decentralization reduces the number of transnational terror events in a country, while...
Persistent link: https://www.econbiz.de/10003866216
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Financial globalization : a reappraisal
Kose, M. Ayhan; Prasad, Eswar S.; Rogoff, Kenneth S.; … - In: Macrofinancial linkages : trends, crises, and policies, (pp. 273-322). 2010
Persistent link: https://www.econbiz.de/10008807556
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Reaping the benefits of financial globalization
Dell'Ariccia, Giovanni; Di Giovanni, Julian; Faria, André - In: Macrofinancial linkages : trends, crises, and policies, (pp. 229-272). 2010
Persistent link: https://www.econbiz.de/10008807558
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The real effect of banking crises
Dell'Ariccia, Giovanni; Detragiache, Enrica; Rajan, … - In: Macrofinancial linkages : trends, crises, and policies, (pp. 115-139). 2010
Persistent link: https://www.econbiz.de/10008807579
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International financial integration and economic growth
Edison, Hali J.; Levine, Ross; Ricci, Luca Antonio; … - In: Macrofinancial linkages : trends, crises, and policies, (pp. 323-346). 2010
Persistent link: https://www.econbiz.de/10008808282
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How does financial globalization affect risk sharing? : Patterns and channels
Kose, M. Ayhan (contributor); Prasad, Eswar S. (contributor) - 2007
In theory, one of the main benefits of financial globalization is that it should allow for more efficient international risk sharing. In this paper, we provide a comprehensive empirical evaluation of the patterns of risk sharing among different groups of countries and examine how international...
Persistent link: https://www.econbiz.de/10003586563