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The gravity model has provided a tractable empirical framework to account for bilateral flows not only of manufactured goods, as in the case of merchandise trade, but also of financial flows. In particular, recent literature has emphasized the role of information costs in preventing larger...
Persistent link: https://www.econbiz.de/10009787347
Sanctions are a common method to discourage free-riding in the provision of public goods. However, we can usually only … sanction those who are detected performing the bad act of free-riding. There has been considerable research on the type of … sanctions imposed, but this research almost always automatically detects everyone's actions and broadcasts them to the group …
Persistent link: https://www.econbiz.de/10011865465
We investigate the effect of economic sanctions on trade flows in countries sharing a border with sanctioned states …. According to trade models, sanctions are expected to reduce trade flows as they disrupt established trading routes and economic … costs as sanctions disrupt trade. Yet, case studies uncover heterogeneity in countries' responses, with some cases …
Persistent link: https://www.econbiz.de/10014228970
Labor market policy tools such as training and sanctions are commonly used to help bring workers back to work. By … outcomes before and after exposure to training and sanctions. We find that training improves cardiovascular and mental health … sanctions cause a short-run deterioration of mental health, possibly due higher stress levels, but this tapers out quickly. …
Persistent link: https://www.econbiz.de/10012313891
In this paper, we use a novel firm level dataset for Germany to investigate the effect of sanctions on export behaviour … and performance of German firms. More specifically, we study the sanctions imposed by the EU against Russia in 2014 in … trade restrictions, we provide further evidence on the indirect effects of sanctions. Analysing the impact on broader …
Persistent link: https://www.econbiz.de/10014279934
's rights indices from the CIRI Human Rights Dataset, we report evidence consistent with the theory. A statistically significant …
Persistent link: https://www.econbiz.de/10010337414
Cultural differences play an important role in shaping migration patterns. The conventional proxies for cross country cultural differences - such as common language, ethnicity, genetic traits or religion - implicitly assume that cultural proximity between two countries is constant over time and...
Persistent link: https://www.econbiz.de/10011816791
In this paper we investigate whether the effects of terrorism in one country spillover to affect trade in neighboring nations. Using a sample of more than 160 countries from 1976 to 2014, we report robust evidence that terrorist attacks in a nation's contiguous neighbors significantly reduce...
Persistent link: https://www.econbiz.de/10011694823
We develop and estimate a theory-consistent gravity model for interregional migration flows in the presence of … equation for bilateral mobility that embodies a co-determined local unemployment term. As a theory of migration, our model …
Persistent link: https://www.econbiz.de/10013471455
This study aims to quantify the impact of the global minimum corporate tax rate - a pillar of the OECD's reform of international taxation - on cross-border mergers and acquisitions (M&A) involving large multinational enterprises (MNEs). First, the influence of differences in capital taxation on...
Persistent link: https://www.econbiz.de/10014279899