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On the causal relationship between trade-openness and government-size: evidence from OECD countries
Molana, Hassan; Montagna, Catia; Violato, Mara - In: International Journal of Public Policy 7 (2011) 4/5/6, pp. 226-249
The compensation hypothesis predicts a positive causation from international economic openness to the size of the public sector, as governments step in to perform a risk mitigating role to counterbalance the increasing exposure to external risk and the economic dislocations caused by growing...
Persistent link: https://www.econbiz.de/10010670287
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Paying for Mitigation: A Multiple Country Study
Carlsson, Fredrik; Kataria, Mitesh; Krupnick, Alan; … - Nationalekonomiska institutionen, Handelshögskolan - 2010
Unique survey data from a contingent valuation study conducted in three different countries (China, Sweden, and the … can be done to stop climate change. We also find that Sweden has the highest WTP for reductions of CO2, while China has …
Persistent link: https://www.econbiz.de/10008552183
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A critical assessment of the financialisation process and its impact on the US labour force during the great recession
Charles, Aurelie; Fontana, Giuseppe - In: International Journal of Public Policy 7 (2011) 1/2/3, pp. 97-111
hold' banking model with the 'originate and distribute' banking model; 2) the securitisation process of structured finance …
Persistent link: https://www.econbiz.de/10010670273
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Asset price bubbles, monetary policy and financial crisis
Atesoglu, H. Sonmez - In: International Journal of Public Policy 7 (2011) 1/2/3, pp. 195-202
In this paper, asset price bubbles in equities and housing that were developed from August 1987 to September 2008 are examined. Monetary policy reaction functions are estimated. Results revealed that, although not successful in pricking the bubble, the Federal Reserve System did follow a...
Persistent link: https://www.econbiz.de/10010817025
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Is Globalisation Good for Africa?
Bigsten, Arne; Durevall, Dick - Nationalekonomiska institutionen, Handelshögskolan - 2002
Globalisation or market integration in Sub-Saharan Africa is closely linked to the structural adjustment programmes. In this paper we focus on their dependence on politics and institutional characteristics of the countries concerned. In particular, we argue that one important explanation for the...
Persistent link: https://www.econbiz.de/10005651702