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Persistent link: https://www.econbiz.de/10003866662
have taken place. We test this unexplored implication of the theory empirically. We find in a world sample from 1970 to …We analyze the influence of IMF and World Bank programs on political regime transitions. We develop an extended version … transitions ; democracy ; autocracy ; IMF ; World Bank …
Persistent link: https://www.econbiz.de/10009629705
the countries' authorities, openness, and transparency, consistently with the theory. -- IMF conditionality ; delegation …
Persistent link: https://www.econbiz.de/10003908576
An endogenous growth model on finance and growth is formulated, and empirical analyses are conducted. The model exhibits structural shifts and breaks caused by institutional changes, suggesting that a linear approach is inadequate. To address this point empirically, we fit data for 90 countries...
Persistent link: https://www.econbiz.de/10001767757
Persistent link: https://www.econbiz.de/10011881494
Persistent link: https://www.econbiz.de/10003867098
This paper provides first micro-level evidence of the global university production frontier, allowing to estimate technical efficiencies of 273 top research universities across 29 countries between 2007 and 2009. Exploiting comparable international data improves the estimation of the production...
Persistent link: https://www.econbiz.de/10008906651
arrangement with the IMF and the determinants of the financial size of such a program. Arguably the world and the global financial …
Persistent link: https://www.econbiz.de/10009270467
This paper investigates the causal influence of export concentration on measures of aggregate volatility. Geographically disadvantaged countries often have a concentrated export structure which makes them more vulnerable to external shocks. Identifying causal effects of export concentration on...
Persistent link: https://www.econbiz.de/10009406700
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/10003908678