Similar Search Results

Do IMF and World Bank programs induce government crises? : an empirical analysis

Dreher, Axel (contributor); Gassebner, Martin (contributor) - 2008

We examine whether and under which circumstances World Bank projects and IMF programs affect the likelihood of major government crises. Using a sample of more than 90 developing countries over the period 1970-2002, we find that crises are on average more likely as a consequence of Bank and Fund...

Persistent link: https://www.econbiz.de/10003764224

International terrorism, political instability and the escalation effect

Campos, Nauro; Gassebner, Martin - 2009

What are the main causes of international terrorism? The lessons from the surge of academic research that followed 9/11 remain elusive. The careful investigation of the relative roles of economic and political conditions did little to change the fact that existing econometric estimates diverge...

Persistent link: https://www.econbiz.de/10003908642

The golden hello and political transitions

Aidt, Toke; Albornoz, Facundo; Gassebner, Martin - 2012

We analyze the influence of IMF and World Bank programs on political regime transitions. We develop an extended version of Acemoglu and Robinson's [American Economic Review 91, 2001] model of political transitions to show how the anticipation of new loans from international financial...

Persistent link: https://www.econbiz.de/10009629705

No country for old men : aging dictators and economic growth

Jong-A-Pin, Richard; Mierau, Jochen O. - 2011 - Draft: 7 October, 2011

This paper develops a model of the relationship between the age of a dictator and economic growth. In the model a dictator must spread the resources of the economy over his reign but faces mortality and political risk. The model shows that if the time horizon of the dictator decreases, either...

Persistent link: https://www.econbiz.de/10009315534

Does membership in international organizations increase governments' credibility? : testing the effects of delegating powers

Dreher, Axel (contributor); Voigt, Stefan (contributor) - 2008

This paper analyzes whether nation-state governments can increase their credibility by becoming members of … international organizations. Credibility is an important asset because it determines the real interest rate and is expected to have … organizations can improve the credibility of nation-state governments. This hypothesis is tested by introducing three new indicators …

Persistent link: https://www.econbiz.de/10003764217

Does membership on the UN security council influence IMF conditionality?

Dreher, Axel; Sturm, Jan-Egbert; Vreeland, James Raymond - 2010

We investigate whether elected members of the United Nations Security Council receive favorable treatment from the International Monetary Fund (IMF), analyzing panel data on the level of conditionality attached to (a maximum of) 314 IMF arrangements with 101 countries over the period of 1992 to...

Persistent link: https://www.econbiz.de/10008729030

Public funding and corporate innovation

Beck, Mathias; Junge, Martin; Kaiser, Ulrich - 2018

We review and condense the body of literature on the economic returns of public R&D on private R&D and find that: (i) private returns to R&D appear to be large and larger than the returns to alternative investments; (ii) private R&D and R&D subsidies are positively correlated and there is no...

Persistent link: https://www.econbiz.de/10011778909

Monopolistic competition in Switzerland and mark-up pricing over the business cycle

Müller-Kademann, Christian (contributor) - 2004 - [Elektronische Ressource]

We investigate how firms' market power affects the price level. In our small macro-model we show, that firms - in addition to hypothesised structural mark-up pricing power - may take advantage of favourable business cycle fluctuations. The paper provides empirical evidence for both these...

Persistent link: https://www.econbiz.de/10002117361

Evaluating short-run forecasting properties of the KOF employment indicator for Switzerland in real time

Siliverstovs, Boriss - 2009

This study investigates the usefulness of the business tendency surveys collected at the KOF institute for short-term forecasting of employment in Switzerland aggregated in the KOF Employment Indicator. We use the real time dataset in order to simulate the actual predictive process using only...

Persistent link: https://www.econbiz.de/10003909485

Different weighting methods in business tendency survey indicators in Swiss manufacturing industry

Etter, Richard (contributor); Köberl, Eva (contributor) - 2006

In business cycle analysis the development of inventories still plays a crucial role. The strong movements over time have a large effect particularly on the growth rate of GDP. Quantitative data on inventories are generally of rather low quality. As a complement to quantitative statistics,...

Persistent link: https://www.econbiz.de/10003387413