Showing 1 - 10 of 99
threats, corruption, and other relevant controls. While growth falls with higher levels of military spending, given the values …
Persistent link: https://www.econbiz.de/10013233439
This paper investigates the impact of the history of crises on macroeconomic performance. We first study the impact of past banking crises on the probability of a future banking crisis. Applying data for 1980‐2010 for all countries for which the required information is available, controlling...
Persistent link: https://www.econbiz.de/10013098139
This paper offers a quot;panoramicquot; analysis of the history of financial crises dating from England's fourteenth-century default to the current United States sub-prime financial crisis. Our study is based on a new dataset that spans all regions. It incorporates a number of important credit...
Persistent link: https://www.econbiz.de/10012772366
cycles, banking and sovereign debt crises, hyperinflation, and, for the post World War II period, the reliance on IMF …
Persistent link: https://www.econbiz.de/10013146940
analysis is on three related hypotheses tested with both "world" aggregate levels and on an individual country basis. First …
Persistent link: https://www.econbiz.de/10013147119
We study economic growth and inflation at different levels of government and external debt. Our analysis is based on new data on forty-four countries spanning about two hundred years. The dataset incorporates over 3,700 annual observations covering a wide range of political systems,...
Persistent link: https://www.econbiz.de/10013149089
Persistent link: https://www.econbiz.de/10003356667
Modellers have examined a wide array of ideal-world scenarios for regulation of greenhouse gases. In this ideal world …”—which has a strikingly small impact on total world cost of carbon regulations if international trade in emission credits allows … another factor that analysts have largely ignored: credibility. In the real world governments find it difficult to craft and …
Persistent link: https://www.econbiz.de/10008702084
contains several idealistic assumptions that could be violated in the real world where some technologies may not be fully … available, technology transfers and diffusion are imperfect, some world regions may not accept to reduce their GHG emissions …
Persistent link: https://www.econbiz.de/10008729164
This paper analyses the cost implications for climate policy in developed countries if developing countries are unwilling to adopt measures to reduce their own GHG emissions. First, we assume that a 450 CO2 (550 CO2e) ppmv stabilisation target is to be achieved and that Non Annex1 (NA1)...
Persistent link: https://www.econbiz.de/10008780583