Showing 1 - 7 of 7
Das vorliegende Papier definiert und diskutiert das Konzept der Economic Governance. Die Kernfrage des Papiers ist, in welcher Form wirtschaftliche Akteure Governance-Leistungen – wie etwa Vertragssicherheit oder Eigentumsrechte – bereitstellen können. Außerdem werden Beispiele...
Persistent link: https://www.econbiz.de/10011019571
Seasonal migration is an ever more important phenomenon worldwide, but has received little attention in empirical research. This paper investigates the choice of seasonal versus longer-term migration on a household level. We use data from Moldova, a country that is witnessing a massive...
Persistent link: https://www.econbiz.de/10011019654
A main puzzle in the sovereign debt literature is that defaults have only minor effects on subsequent borrowing costs and access to credit. This paper comes to a different conclusion. We construct the first complete database of investor losses (\"haircuts\") in all restructurings with foreign...
Persistent link: https://www.econbiz.de/10010897625
This paper analyzes the role of trade credit in financial crises. Using newly collected data, we investigate the impact of negotiated agreements between debtor and creditor countries on bilateral trade. Our results indicate that exports to creditor countries rise considerably after debt...
Persistent link: https://www.econbiz.de/10010897643
This paper measures \" debt disputes\" between governments and foreign private creditors in periods of sovereign debt crises. We construct an index of government coerciveness, consisting of 9 objective sub-indicators. Each of these sub-indicators captures unilateral government actions imposed on...
Persistent link: https://www.econbiz.de/10010762231
Human trafficking is a humanitarian problem of global scale, but quantitative research on the issue barely exists. This paper is the first attempt to analyze the economics of human trafficking and labour migration based on micro data, using unique household surveys from Belarus, Bulgaria,...
Persistent link: https://www.econbiz.de/10010762315
The Greek debt restructuring of 2012 stands out in the history of sovereign defaults. It achieved very large debt relief - over 50\% of 2012 GDP - with minimal financial disruption, using a combination of new legal techniques, exceptionally large cash incentives, and official sector pressure on...
Persistent link: https://www.econbiz.de/10010762381