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Business Cycle Volatility and Globalization: A Survey

Buch, Claudia M. - 2002

The globalization of capital and product markets has many implications for economic welfare. Countries can specialize …, one potentially adverse effect of globalization is the possibility that business cycle volatility might increase. Rapid …

Persistent link: https://www.econbiz.de/10010260496

Financial Openness and Business Cycle Volatility

Pierdzioch, Christian; Döpke, Jörg; Buch, Claudia M. - 2002

This paper discusses whether the integration of international financial markets affects business cycle fluctuations. In the framework of a new open economy macro-model, we show that the link between financial openness and business cycle volatility depends on the nature of the underlying shock....

Persistent link: https://www.econbiz.de/10010260514

Umbaupläne und Reparaturarbeiten an der internationalen Finanzarchitektur: eine Zwischenbilanz aus deutscher Perspektive

Nunnenkamp, Peter - 2001

It is for good reasons that economic policymakers have rejected demands by globalization sceptics to fundamentally …

Persistent link: https://www.econbiz.de/10010265519

Globalisierung der Automobilindustrie: neue Standorte auf dem Vormarsch, traditionelle Anbieter unter Druck?

Nunnenkamp, Peter - 2000

Der Beitrag analysiert die internationalen Produktionsverlagerungen und Investitionsverflechtungen in der Automobilindustrie, um die These zu überprüfen, dass es selbst bei der Herstellung relativ wissensund technologieintensiver Güter zu einem nachdrängenden Wettbewerb aus Ländern mit...

Persistent link: https://www.econbiz.de/10010265463

Assessing the allocation of aid: Developmental concerns and the self-interest of donors

Canavire-Bacarreza, Gustavo; Nunnenkamp, Peter; Thiele, … - 2005

measured by the World Bank's Country Policy and Institutional Assessment (CPIA). If the CPIA is replaced by the Kaufmann index …

Persistent link: https://www.econbiz.de/10010273156

The Integration of Imperfect Financial Markets: Implications for Business Cycle Volatility

Buch, Claudia M.; Pierdzioch, Christian - 2003

During the last two decades, the degree of openness of national financial systems has increased substantially. At the same time, asymmetries in information and other financial market frictions have remain prevalent. We study both empirically and theoretically the implications of the opening up...

Persistent link: https://www.econbiz.de/10010260621

Carbon emissions and economic growth: homogeneous causality in heterogeneous panels

Maddison, David; Rehdanz, Katrin - 2008

This paper introduces the concept of homogeneous non-causality in heterogeneous panels. This concept is used to examine a panel of data for evidence of a causal relationship between GDP and carbon emissions. The technique is compared to the standard test for homogeneous non-causality in...

Persistent link: https://www.econbiz.de/10010263510

Less aid proliferation and more donor coordination? The wide gap between words and deeds

Aldasoro, Iñaki; Nunnenkamp, Peter; Thiele, Rainer - 2009

We present a two-step approach of assessing whether major donors of foreign aid have met recent demands for less proliferated and better coordinated aid efforts. First, we calculate Theil indices revealing the concentration of each donor's aid on recipient countries and specific aid sectors....

Persistent link: https://www.econbiz.de/10010265231

Liberalization and regulation of international capital flows: where the opposites meet

Nunnenkamp, Peter - 2001

reject the view that financial globalization has deprived national policymakers of the means to protect their economies …

Persistent link: https://www.econbiz.de/10010265483

Shooting the messenger of good news: a critical look at the World Bank's success story of effective aid

Nunnenkamp, Peter - 2002

In a report presented at the UN Conference on Financing for Development in March 2002, the World Bank claims that the … policies. However, the World Bank's success story rests on an extremely weak foundation: First, the institution's contribution … the distribution of World Bank financing. Second, the picture portrayed in the report takes a bad turn if only two …

Persistent link: https://www.econbiz.de/10010265537