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Cevik, Serhan; Ricco, John - 2015

This paper provides an empirical analysis of how the frequency and severity of terrorism affect government revenue and … expenditure during the period 1970-2013 using a panel dataset on 153 countries. We find that terrorism has only a marginal … robust to alternative specifications and empirical strategies. On the other hand, we find strong evidence that terrorism is …

Persistent link: https://www.econbiz.de/10011408259

VAT Attacks!

Keen, Michael - 2007

Like the theory of the second best that the 2006 congress marks, the VAT is now fifty years old. Judged by the extent and speed of its spread around the world, and the revenue that it raises, the VAT would seem to have been a remarkable success. Over the last few years, however, it has come...

Persistent link: https://www.econbiz.de/10014401162

Inflation and conflict in Iraq : the economics of shortages revisited

Grigorian, David A.; Kock, Udo - 2010

Containing inflation has turned out to be one of the most challenging aspects of economic management in Iraq. This paper posits that conventional as well as unconventional factors explain inflation dynamics in the recent past. We build a theoretical model based on the insights into the workings...

Persistent link: https://www.econbiz.de/10014402642

Fiscal Consequences of Armed Conflict and Terrorism in Low- and Middle-Income Countries

Clements, Benedict J. - 2002

This paper analyses the fiscal effects of armed conflict and terrorism on low- and middle-income countries. An analysis … estimates are consistent with the hypothesis that conflict and terrorism have a significant negative impact on growth through … conflict and terrorism …

Persistent link: https://www.econbiz.de/10014400047

Rebalancing : evidence from current account adjustment in Europe

Atoyan, Ruben; Manning, Jonathan; Rahman, Jesmin - 2013

Persistent link: https://www.econbiz.de/10009726418

Export performance in Europe : what do we know from supply links?

Rahman, Jesmin; Zhao, Tianli - 2013

Persistent link: https://www.econbiz.de/10009726524

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

Equity returns in the banking sector in the wake of the Great Recession and the European sovereign debt crisis

Chan-Lau, Jorge A.; Liu, Estelle X.; Schmittmann, … - 2012

Persistent link: https://www.econbiz.de/10009621007

Assessing the cost of financial regulation

Elliott, Douglas; Salloy, Suzanne; Santos, André Oliveira - 2012

Persistent link: https://www.econbiz.de/10009622437

The pre-crisis capital flow surge to emerging Europe : did countercyclical fiscal policy make a difference?

Atoyan, Ruben; Jäger, Albert; Smith, Dustin - 2012

Persistent link: https://www.econbiz.de/10009622525

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