Showing 1 - 10 of 93
interdependence significantly promotes peace. It also suggests that the peace-promotion effect of bilateral trade integration is … bilateral trade but global trade openness also significantly promotes peace. It shows, however, that an increase in global trade … interdependence but also global trade integration. The main finding of the peace-promotion effect of bilateral and global trade …
Persistent link: https://www.econbiz.de/10010282110
Why have Israel and the Palestinians failed to implement a "land for peace" solution, along the lines of the Oslo …
Persistent link: https://www.econbiz.de/10012606439
The Czech banking system is seen by many observers to be the most successful of all former socialist economies'. But have Czech banks successfully provided worthy enterprises with sufficient credit from the funds made available to them? Using data from the Czech National Bank and data on...
Persistent link: https://www.econbiz.de/10011430003
The paper analyzes why households in transition economies prefer to hold sizeable shares of their assets in cash at home rather than in banks. Using survey data from ten Central, Eastern and Southeastern European countries, I document the relevance of this behavior and show that cash preferences...
Persistent link: https://www.econbiz.de/10013370095
China occupies a unique position among developing countries. Its success in achieving relative stability in the financial sector since the institution of reforms in 1979 has given way to relative instability since the beginning of the current global financial crisis. Over the last few years,...
Persistent link: https://www.econbiz.de/10010286512
We examine financial constraints and forms of finance used for investment, byanalysing survey data on 157 large privatised companies in Hungary and Poland for theperiod 1998 – 2000. The Bayesian analysis using Gibbs sampling is carried out toobtain inferences about the sample companies’...
Persistent link: https://www.econbiz.de/10005868232
The Czech banking system is seen by many observers to be the most successful of all former socialist economies'. But have Czech banks successfully provided worthy enterprises with sufficient credit from the funds made available to them? Using data from the Czech National Bank and data on...
Persistent link: https://www.econbiz.de/10012736254
The long history of sovereign debt and the associated enforcement problem have attracted researchers in many fields. In this paper, we survey empirical work by economists, historians, and political scientists. As we review the empirical literature, we emphasize parallel developments in the...
Persistent link: https://www.econbiz.de/10010292163
The emergence of global value chains not only leads to a magnification of trade in intermediate inputs but also to an extensive technology diffusion among the different production units involved in arms-length relationships. In this context, the lack of enforcement of intellectual property...
Persistent link: https://www.econbiz.de/10012030292
How do real-time expectations affect firms' economic decisions? We provide evidence by using a dataset on Japanese multinational firms' sales forecasts and exploring an unexpected escalation of a territorial dispute between China and Japan in 2012. Our estimation substantiates that, after the...
Persistent link: https://www.econbiz.de/10011928005