Showing 1 - 10 of 555
Do higher proportions of (a) informed investors and (b) high-quality projects increase the number of good projects that are ultimately financed via crowdfunding? A simple model and simulation reveals the answers to both questions to be: 'not necessarily'
Persistent link: https://www.econbiz.de/10013057901
According to the widely known 'culture of honor' hypothesis from social psychology, traditional herding practices are …, and large-scale surveys. The data show systematic links between traditional herding practices and a culture of honor …. First, the culture of pre-industrial societies that relied on animal herding emphasizes violence, punishment, and revenge …
Persistent link: https://www.econbiz.de/10013324565
We study the effect of team decision-making on bubbles and crashes in experimental asset markets of the kind introduced by Smith, Suchanek and Williams (1988). We find that populating such markets with teams of size two instead of individuals significantly reduces the severity of mispricing. In...
Persistent link: https://www.econbiz.de/10013155154
In this paper, we provide an overview of the relationship between international migration and international trade as … channels, on internal income distribution, international income convergence and on whether migration and trade are substitutes …
Persistent link: https://www.econbiz.de/10013098128
The financial means of international terror and organized crime organizations are analysed. First, some short remarks … about the organization of international terror organizations are made. Second and in a much more detailed way a literature …
Persistent link: https://www.econbiz.de/10013145188
This paper develops an adaptive learning model under uncertainty that examines evolution of capital account polices over time and across developing regions. In the framework, countries' past experiences and IMF programs influence policymakers' beliefs about the impact of capital account...
Persistent link: https://www.econbiz.de/10013029623
Economic theory has identified a number of channels through which openness to international financial flows could raise …
Persistent link: https://www.econbiz.de/10013325040
This paper reviews evidence from 44 middle income countries on how the recent financial crisis affected jobs and workers' income. In addition to providing a rare assessment of the magnitude of the impact across several middle-income countries, the paper describes how labor markets adjusted and...
Persistent link: https://www.econbiz.de/10013120422
world have altered the transmission mechanism of international business cycles to Latin America. Evidence based on a Global …The international business cycle is very important for Latin America's economic performance as the recent global crisis … world shows that the long-term impact of a China GDP shock on the typical Latin American economy has increased by three …
Persistent link: https://www.econbiz.de/10013121741
There are significant effects of changing demographics on economic indicators: growth in GDP especially, but also the current account balance and gross capital formation. The 15-24 age group appears to be one of the key age groups in these effects, with increases in that age group exerting...
Persistent link: https://www.econbiz.de/10013155560