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Transmission of US and EU economic policy uncertainty shock to Asian economies in bad and good times
Balcilar, Mehmet; Ozdemir, Zeynel Abidin; Ozdemir, Huseyin - 2020
reverse QE (RQE) periods while the EU EPU makes Asian markets vulnerable during the Eurozone debt crisis. The large …
Persistent link: https://www.econbiz.de/10012226632
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Political instability and birth outcomes: evidence from the 1981 military coup in Spain
Aparicio Fenoll, Ainoa; González, Libertad - 2020
We study the effect of exposure to political instability in-utero on health at birth. We exploit the coup d'état that took place in Spain on February 23, 1981. Although short-lived and unsuccessful, the event generated stress and fear among the population, especially in areas that had suffered...
Persistent link: https://www.econbiz.de/10012289310
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Migration as an adjustment mechanism in the crisis? : a comparison of Europe and the United States
Jauer, Julia; Liebig, Thomas; Martin, John P.; Puhani, … - 2014
disparities, in particular within the Eurozone where there is no exchange-rate mechanism available to play this role. We shed some … be absorbed by migration within a year. However, in the Eurozone the reaction mainly stems from migration of third …-country nationals. Even within the group of Eurozone nationals, a significant part of the free mobility stems from immigrants from third …
Persistent link: https://www.econbiz.de/10010238890
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Migration as an adjustment mechanism in the crisis? : a comparison of Europe and the United States 2006-2016
Jauer, Julia; Liebig, Thomas; Martin, John P.; Puhani, … - 2018
especially in the Eurozone, the reaction to a very large extent stems from migration of recent EU accession country citizens as …
Persistent link: https://www.econbiz.de/10011798141
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The long-term effects of labor market entry in a recession : evidence from the Asian financial crisis
Choi, Eleanor Jawon; Choi, Jaewoo; Son, Hyelim - 2020
This study investigates the long-term effects of initial labor market conditions by comparing cohorts who graduated from college before, during, and after the 1997-1998 Asian financial crisis in South Korea. We measure the overall welfare effect by examining their labor market activities, family...
Persistent link: https://www.econbiz.de/10012179332
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International terrorism, political instability and the escalation effect
Campos, Nauro; Gassebner, Martin - 2009
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/10003824948
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Are all democracies equally good? : The role of interactions between political environment and inequality for rule of law
Sunde, Uwe (contributor); Cervellati, Matteo (contributor);  … - 2007
Using cross-country data, we find evidence for a significant negative interaction effect between democracy and inequality in determining the quality of growth-promoting institutions like rule of law. Democracy is associated with institutions of higher quality when inequality is lower.
Persistent link: https://www.econbiz.de/10003539348
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Growth, volatility and political instability : non-linear time-series evidence for Argentina, 1896 - 2000
Campos, Nauro (contributor);  … - 2007
What is the relationship between economic growth and its volatility? Does political instability affect growth directly or indirectly, through volatility? This paper tries to answer such questions using a power-ARCH framework with annual time series data for Argentina from 1896 to 2000. We show...
Persistent link: https://www.econbiz.de/10003557361
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Growth, history, or institutions? : what explains state fragility in sub-Saharan Africa
Bertocchi, Graziella; Guerzoni, Andrea - 2010
We explore the determinants of state fragility in sub-Saharan Africa. Controlling for a wide range of economic, demographic, geographic and istitutional regressors, we find that institutions, and in particular the civil liberties index and the number of revolutions, are the main determinants of...
Persistent link: https://www.econbiz.de/10003942306
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Political instability and labor market institutions
Lucifora, Claudio; Moriconi, Simone - 2012
This paper investigates the relationship between political instability and labor market institutions. We develop a theoretical model in which some features of the political process, by reducing the future yields of policy interventions, induce an incumbent government to choose labor market...
Persistent link: https://www.econbiz.de/10009534887