Showing 1 - 10 of 29
This paper examines the effect of the efficiency of the education system on Foreign Direct Investment (FDI). First, it focuses on the external efficiency and applies a frontier-based measure as a proxy of the ability of countries to optimally convert the average years of schooling into income...
Persistent link: https://www.econbiz.de/10012956477
While South Africa has made significant improvements in basic and tertiary education enrollment, the country still suffers from significant challenges in the quality of educational achievement by almost any international metric. The paper finds that money is clearly not the main issue since the...
Persistent link: https://www.econbiz.de/10012889143
, Europe and Japan allowing for fiscal multipliers to vary across recessions and booms. We also estimate ex ante probabilities …
Persistent link: https://www.econbiz.de/10013098618
This study finds that equity returns in the banking sector in the wake of the Great Recession and the European sovereign debt crisis have been driven mainly by weak growth prospects and heightened sovereign risk and to a lesser extent, by deteriorating funding conditions and investor sentiment....
Persistent link: https://www.econbiz.de/10013098630
This study assesses the overall impact on credit of the financial regulatory reforms in Europe, Japan, and the United … higher taxes and fees. Overall, average lending rates in the base case would rise by 18 bps in Europe, 8 bps in Japan, and 28 …
Persistent link: https://www.econbiz.de/10013099136
in Europe with a focus on these two groups, looking at contributions from cyclical and other factors, and seeking to draw …
Persistent link: https://www.econbiz.de/10013083623
The extent of fiscal transparency in Western Europe has varied over the centuries. Although ancient Greek, Roman, and …
Persistent link: https://www.econbiz.de/10013072600
This paper examines the drivers, and reestimates the size of shadow economies in Europe, with a focus on the emerging … economies, and recommends policies to increase formality. The size of shadow economies declined across Europe in recent years … but remains significant, especially in Eastern Europe. In the emerging European economies, the key determinants of shadow …
Persistent link: https://www.econbiz.de/10012843499
This paper presents novel empirical evidence on the labor market integration of migrants across Europe. It investigates …
Persistent link: https://www.econbiz.de/10012906886
the term sovereign risk. Developments in Europe since early 2010 presented new challenges for the functioning of private … shows that exposure to sovereign risk may have limited the ability of banks in Europe to attract deposits. The results are …
Persistent link: https://www.econbiz.de/10012977817