Showing 1 - 10 of 955
The insurance sector can play a critical role in financial and economic development. By reducing uncertainty and the … with long investment horizons, insurance companies can contribute to the provision of long-term instruments to finance … corporate investment and housing. There is evidence of a causal relationship between insurance sector development and economic …
Persistent link: https://www.econbiz.de/10012976136
The literature on aid and growth has not found a convincing instrumental variable to identify the causal effects of aid. This paper exploits an instrumental variable based on the fact that since 1987, eligibility for aid from the International Development Association (IDA) has been based partly...
Persistent link: https://www.econbiz.de/10012973243
increases and decreases, respectively, of gross foreign direct investment inflows to the developing world and differentiated …
Persistent link: https://www.econbiz.de/10012973525
This paper analyzes annual accounting data for a sample of 5,000 publicly traded manufacturing firms from Germany, France, Italy, Japan, and the United Kingdom. The analysis uses data from 1997 to 2011 and finds an increasing trend of excess savings (defined as the difference between gross...
Persistent link: https://www.econbiz.de/10012974091
Small firms are an important source of income for the poor in developing countries, and the target of many interventions designed to help them grow. But there is no systematic information on the failure or death of such firms. The paper puts together 16 panel surveys from 12 different developing...
Persistent link: https://www.econbiz.de/10012932190
The authors provide various estimates of the government net capital stocks for a panel of 26 developing countries over the period 1970-2001. Two kinds of internationally comparable series of public capital stocks are presented. The first estimates are based on the standard perpetual inventory...
Persistent link: https://www.econbiz.de/10012748071
Because of concern that OECD tariff reductions will translate into worsening export performance for the least developed countries, trade preferences have proven a stumbling block to developing country support for multilateral liberalization. The authors examine the actual scope for preference...
Persistent link: https://www.econbiz.de/10014061965
relevant for emerging markets as they integrate financially with the rest of the world. This paper argues that, because of the …
Persistent link: https://www.econbiz.de/10013068213
This paper uses simple analytical models to study high-income donor countries' willingness to pay to supply mitigation finance to low-income countries; how this depends on modality for finance supply; and how it changes as the global greenhouse gas mitigation agenda moves forward. The paper...
Persistent link: https://www.econbiz.de/10012833615
This study uses loan-level data on syndicated lending to a large sample of developing countries between 1993 and 2017 to estimate the mobilization effects of multilateral development banks (MDBs), that is, their ability to crowd-in capital from private creditors. Controlling for a large set of...
Persistent link: https://www.econbiz.de/10012840715