Showing 1 - 10 of 1,182
Illegal arms are responsible for thousands of deaths in civil wars every year. Yet, their trade is very hard to detect. We propose a method to statistically detect illegal arms trade based on the investor knowledge embedded in financial markets. We focus on eight countries under UN arms embargo...
Persistent link: https://www.econbiz.de/10012759887
tuberculosis drug samples that claim to be made in India and were sold in Africa, India, and five mid-income non-African countries … in India or non-African countries. Since this finding is robust for manufacturer-drug fixed effects, one likely … explanation is that Indian pharmaceutical firms and/or their export intermediaries do indeed differentiate drug quality according …
Persistent link: https://www.econbiz.de/10013312516
Large population / rapidly growing economies such as China and India have argued that in the upcoming UNFCCC …
Persistent link: https://www.econbiz.de/10013070744
financial crises in the late 1990s: Brazil, Russia, and Thailand. Our findings indicate that financial turbulence in these …
Persistent link: https://www.econbiz.de/10013226155
The paper argues that global financial factors played an important role in the capital-inflow episode in Emerging Market economies (EMs), during the early part of the 1990s, and clearly in the Sudden Stop (of capital inflows) crises that took place after the 1998 Russian crisis. Moreover, the...
Persistent link: https://www.econbiz.de/10013313675
-run business groups, domestic financial institutions, and foreign financial institutions. Using data from India in the early 1990s …
Persistent link: https://www.econbiz.de/10012763811
We analyze the performance of Indian banks during 2007–09 relative to their vulnerability to a crisis measured using pre-crisis data, in order to study the impact of government guarantees on bank performance during a crisis. Using bank branch-level regulatory data, we exploit geographic...
Persistent link: https://www.econbiz.de/10013403886
developing economies circa 1910: Brazil, Russia, India and China (BRIC). These four countries encompassed more than 50 percent of …
Persistent link: https://www.econbiz.de/10013066599
We investigate inflation targeting (IT) in emerging markets, focusing on the role of the real exchange rate and the distinction between commodity and non-commodity exporters. IT emerging markets appear to follow a quot;mixed strategyquot; whereby both inflation and real exchange rates are...
Persistent link: https://www.econbiz.de/10012758026
We take a first pass at quantifying the magnitudes of debt relief achieved through default and restructuring in two distinct samples: 1979-2010, focusing on credit events in emerging markets, and 1920-1939, documenting the official debt hangover in advanced economies that was created by World...
Persistent link: https://www.econbiz.de/10013045576