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The Quest for Non-Resource-Based FDI : Do Taxes Matter?

Kinda, Tidiane - 2014

Using manufacturing and services firm-level data for 30 sub-Saharan African (SSA) countries, this paper shows that taxation is not a significant driver for the location of foreign firms in SSA, while other investment climate factors, such as infrastructure, human capital, and insitutions, are....

Persistent link: https://www.econbiz.de/10013058435

Financial Regulation and the Current Account

Lanau, Sergi - 2012

This paper examines the relationship between financial regulation and the current account in an intertemporal model of … the current account where financial regulation affects the current account through liquidity constraints. Greater … tested with an interacted panel VAR model where the coefficients are allowed to vary with the degree of financial regulation …

Persistent link: https://www.econbiz.de/10013107071

Central Bank Independence and Macro-Prudential Regulation

Ueda, Kenichi - 2012

We consider the optimality of various institutional arrangements for agencies that conduct macro-prudential regulation …

Persistent link: https://www.econbiz.de/10013107404

Labor Market Dynamics, Informality and Regulations in Latin America

David, Antonio C. - 2020

rigid regulation. This paper shows that these two features are related and together make the speed of adjustment of …

Persistent link: https://www.econbiz.de/10012840609

Institutionalized Corruption and the Kleptocratic State

Charap, Joshua - 2006

This paper argues that corruption patterns are endogenous to political structures. Thus, corruption can be systemic and planned rather than decentralized and coincidental. In an economic system without law or property rights, a kleptocratic state may arise as a predatory hierarchy from a state...

Persistent link: https://www.econbiz.de/10012782606

Market Reforms at the Zero Lower Bound

Cacciatore, Matteo - 2017

This paper studies the impact of product and labor market reforms when the economy facesmajor slack and a binding constraint on monetary policy easing. such as the zero lowerbound. To this end, we build a two-country model with endogenous producer entry, labormarket frictions, and nominal...

Persistent link: https://www.econbiz.de/10012944956

Market Regulation, Cycles and Growth in a Monetary Union

Abbritti, Mirko - 2019

We build a two-country currency union DSGE model with endogenous growth to assess the role of cross-country differences in product and labor market regulations for long-term growth and for the adjustment to shocks. We show that with endogenous growth, there is no reason to expect real income...

Persistent link: https://www.econbiz.de/10012867677