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Fiscal consequences of terrorism
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
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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
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VAT Attacks!
Keen, Michael - 2007
and speed of its spread around the world, and the revenue that it raises, the VAT would seem to have been a remarkable …
Persistent link: https://www.econbiz.de/10014401162
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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
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The economic impact of natural disasters in Pacific island countries : adaptation and preparedness
Lee, Dongyeol; Zhang, Huan; Nguyen, Chau N. - 2018
Pacific island countries are highly vulnerable to various natural disasters which are destructive, unpredictable and occur frequently. The frequency and scale of these shocks heightens the importance of medium-term economic and fiscal planning to minimize the adverse impact of disasters on...
Persistent link: https://www.econbiz.de/10011852652
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Macroeconomic Conditions and Pressures for Protection Under Antidumping and Countervailing Duty Laws : Empirical Evidence from the United States
Leidy, Michael P. - 1996
Antidumping and countervailing duty procedures are governed by specific rules requiring both injury (by reason of imports) and dumping/subsidies, and thus might be expected to be less susceptible to pressures for protection arising from cyclical movements in the domestic macroeconomy. This paper...
Persistent link: https://www.econbiz.de/10014398105
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Crises, labor market policy, and unemployment
Bernal Verdugo, Lorenzo Ernesto; Furceri, Davide; … - 2012
Using a sample of 97 countries spanning the period 1980?2008, we estimate that financial crises have a large negative impact on unemployment in the short term, but that this effect rapidly disappears in the medium term in countries with flexible labor market institutions, whereas the impact of...
Persistent link: https://www.econbiz.de/10009572447
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Labor market flexibility and unemployment : new empirical evidence of static and dynamic effects
Bernal Verdugo, Lorenzo Ernesto; Furceri, Davide; … - 2012
Persistent link: https://www.econbiz.de/10009572457
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Fiscal policy and the current account : are microstates different?
Endegnanew, Yehenew; Amo-Yartey, Charles; Turner-Jones, … - 2012
This paper examines the empirical link between fiscal policy and the current account focusing on microstates defined as countries with a population of less than 2 million between 1970 and 2009. The paper employs panel regression and panel vector autoregression (VAR) on 155 countries of which 42...
Persistent link: https://www.econbiz.de/10009572529
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Short-term wholesale funding and systemic risk : a global CoVaR approach
Lopez-Espinosa, German; Moreno, Antonio; Rubia, Antonio; … - 2012
Persistent link: https://www.econbiz.de/10009572535