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Financial Uncertainty in Germany and its Impact on Western European Terrorism
Jovanovic, Mario - 2011
incidents in Western Europe. Considering data of the Global Terrorism Database, the number of terror incidents does – on average … – not affect financial uncertainty. In contrast, based on a behavioral model of terrorism motivated by Schmid and de Graaf … binominal quasi maximum likelihood count data model confirm an inverse impact of lagged financial uncertainty on terrorism …
Persistent link: https://www.econbiz.de/10013117695
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The relationship between political instability and economic growth in advanced economies: Empirical evidence from a panel VAR and a dynamic panel FE-IV analysis
Dirks, Maximilian; Schmidt, Torsten - 2023
This paper analyzes the relationship between political instability and economic growth in advanced economies. Using a panel of 34 advanced economies from 1996 to 2020, we first employ a panel VAR estimated via System GMM, which allows us to explore the endogenous relationship between economic...
Persistent link: https://www.econbiz.de/10014000502
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The Regional Economic Effects of Military Base Realignments and Closures in Germany
Paloyo, Alfredo R.; Vance, Colin; Vorell, Matthias - 2010
Within the context of the current political discussion over base realignments and closures (BRACs) in Germany, this study provides policy guidance by examining the economic consequences to the surrounding community. We identify the causal effect of a reduction in military personnel on a number...
Persistent link: https://www.econbiz.de/10010269995
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Reinforcing EU Governance in Times of Crisis: The Commission Proposals and Beyond
Belke, Ansgar - 2010
The recent extensive package introduced by the Commission is the most comprehensive reinforcement of economic governance in the EU and the euro area since the launch of the Economic and Monetary Union. Broader and enhanced surveillance of fiscal policies, but also macroeconomic policies and...
Persistent link: https://www.econbiz.de/10010273583
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The Euro Area Crisis Management Framework – Consequences and Institutional Follow-ups
Belke, Ansgar - 2010
The current instruments in the EU to deal with debt and liquidity crises include among others the European Financial Stability Facility (EFSF) and the European Financial Stabilisation Mechanism (EFSM). Both are temporary in nature (3 years). In terms of an efficient future crisis management...
Persistent link: https://www.econbiz.de/10010273587
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Local Determinants of Crime: Do Military Bases Matter?
Paloyo, Alfredo R.; Vance, Colin; Vorell, Matthias - 2010
Using a unique panel dataset, we estimate the impact of the military base realignments and closures (BRACs) in Germany on the intensity of criminal activity surrounding the base. We use a fi xed-eff ect model to account for time-invariant unobservables in our panel of 298 military bases for the...
Persistent link: https://www.econbiz.de/10010273595
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Local Determinants of Crime: Do Military Bases Matter?
Paloyo, Alfredo R.; Vance, Colin; Vorell, Matthias - Rheinisch-Westfälisches Institut für … - 2010
Using a unique panel dataset, we estimate the impact of the military base realignments and closures (BRACs) in Germany on the intensity of criminal activity surrounding the base. We use a fixed-effect model to account for time-invariant unobservables in our panel of 298 military bases for the...
Persistent link: https://www.econbiz.de/10008691991
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The Regional Economic Effects of Military Base Realignments and Closures in Germany
Paloyo, Alfredo R.; Vance, Colin; Vorell, Matthias - Rheinisch-Westfälisches Institut für … - 2010
Within the context of the current political discussion over base realignments and closures (BRACs) in Germany, this study provides policy guidance by examining the economic consequences to the surrounding community. We identify the causal effect of a reduction in military personnel on a number...
Persistent link: https://www.econbiz.de/10008580013
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The Euro Area Crisis Management Framework – Consequences and Institutional Follow-ups
Belke, Ansgar - Rheinisch-Westfälisches Institut für … - 2010
The current instruments in the EU to deal with debt and liquidity crises include among others the European Financial Stability Facility (EFSF) and the European Financial Stabilisation Mechanism (EFSM). Both are temporary in nature (3 years). In terms of an efficient future crisis management...
Persistent link: https://www.econbiz.de/10008671631
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Reinforcing EU Governance in Times of Crisis: The Commission Proposals and Beyond
Belke, Ansgar - Rheinisch-Westfälisches Institut für … - 2010
The recent extensive package introduced by the Commission is the most comprehensive reinforcement of economic governance in the EU and the euro area since the launch of the Economic and Monetary Union. Broader and enhanced surveillance of fiscal policies, but also macroeconomic policies and...
Persistent link: https://www.econbiz.de/10009018044