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Coe, David T. - 2008

Intro -- Contents -- I. INTRODUCTION -- II. DATA -- III. ECONOMETRIC PRELIMINARIES -- IV. "INTERNATIONAL R&D SPILLOVERS" REVISITED -- V. INSTITUTIONS AND INTERNATIONAL R&D SPILLOVERS -- VI. CONCLUSIONS -- APPENDIX A: ALTERNATIVE SPECIFICATION -- APPENDIX B: DATA SOURCES AND DEFINITIONS --...

Persistent link: https://www.econbiz.de/10012682177

Income and democracy : Lipset's law revisited

Fayad, Ghada; Bates, Robert H.; Hoeffler, Anke - 2012

We revisit Lipset?s law, which posits a positive and significant relationship between income and democracy. Using … democracy: higher/lower incomes per capita hinder/trigger democratization. Decomposing overall income per capita into its …

Persistent link: https://www.econbiz.de/10009679679

A Model of Sovereign Debt in Democracies

Alichi, Ali - 2008

This paper develops and empirically tests a political economy model of sovereign debt. The main incentive for repaying … sovereign debt is to maintain access to international capital markets. However, in a democracy, one generation may choose …

Persistent link: https://www.econbiz.de/10012677458

What Makes Growth Sustained?

Ostry, Jonathan David - 2008

We identify structural breaks in economic growth in 140 countries and use these to define ""growth spells:"" periods of high growth preceded by an upbreak and ending either with a downbreak or with the end of the sample. Growth spells tend to be shorter in African and Latin American countries...

Persistent link: https://www.econbiz.de/10012677563

Geopolitics and International Trade: The Democracy Advantage

Cevik, Serhan - 2024

to the question by analyzing the joint impact of democracy and geopolitical distance between countries with an augmented … distance in determining bilateral trade flows and that democracy fosters international trade and moderates the potential … negative impact of geopolitics. While the impact of democracy and its interaction with geopolitical distance are significant …

Persistent link: https://www.econbiz.de/10015058709

The domestic credit supply response to international bank deleveraging : is Asia different?

Aiyar, Shekhar; Jain Chandra, Sonali - 2012

During the global financial crisis, European banks contracted foreign claims on recipient economies sharply. This paper examines the impact of that deleveraging on credit supply in recipient economies, with a particular focus on Asia. Identification is achieved by exploiting heterogeneity in...

Persistent link: https://www.econbiz.de/10009659761

Does NGO Aid Go to the Poor? Empirical Evidence from Europe.

Yontcheva, Boriana - 2006

Persistent link: https://www.econbiz.de/10012690984

Idiosyncratic and Systemic Risk in the European Corporate Sector : A CDO Perspective

Lu, Yinqiu - 2006

Intro -- Contents -- I. INTRODUCTION -- II. A BRIEF PRIMER ON COLLATERALIZED DEBT OBLIGATIONS -- III. DEFAULT PROBABILITY AND DEFAULT CORRELATION, IN STCDOS -- IV. IDIOSYNCRATIC AND SYSTEMIC RISK IN STCDO TRANCHES -- V. DATA AND EMPIRICAL FRAMEWORK -- VI. RESULTS -- VII. CONCLUSIONS -- REFERENCES.

Persistent link: https://www.econbiz.de/10012691162

Are Weak Banks Leading Credit Booms? Evidence from Emerging Europe

Igan, Deniz - 2008

-level data for central and eastern Europe and controlling for the feedback effect of credit growth on bank soundness. No evidence …

Persistent link: https://www.econbiz.de/10012677467

Equity Returns in the Banking Sector in the Wake of the Great Recession and the European Sovereign Debt Crisis

Fund, International Monetary - 2012

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/10012677547