Similar Search Results

Does arbitration blossom when state courts are bad?

Voigt, Stefan - 2009

It is often conjectured that non-state dispute resolution blossoms when state courts are not independent or are perceived as low-quality courts. This conjecture implies a substitutive relationship between state and non-state dispute resolution. An alternative hypothesis argues that both the...

Persistent link: https://www.econbiz.de/10003849828

The economic effects of federalism and decentralization : a cross-country assessment

Voigt, Stefan; Blume, Lorenz - 2009

This paper explores the idea that institutional details matter and that attempts to estimate the economic effects of federalism by employing a simple dummy variable neglect potentially important institutional details. Based on a principal component analysis, seven aspects of both federalism and...

Persistent link: https://www.econbiz.de/10003882595

International asset prices : empirical evidence

Morales-Arias, Leonardo - 2009

Persistent link: https://www.econbiz.de/10003869496

Explaining de facto judicial independence

Hayo, Bernd (contributor); Voigt, Stefan (contributor) - 2005

Persistent link: https://www.econbiz.de/10003376685

A functional coefficient model view of the Feldstein-Horioka puzzle

Herwartz, Helmut (contributor); Fang, Xu (contributor) - 2007

What does the saving-investment (SI) relation really measure and how should the (SI) relation be measured? These are two of the most discussed issues triggered by the so called Feldstein-Horioka puzzle. Based on panel data we introduce a new variant of functional coefficient models that allow to...

Persistent link: https://www.econbiz.de/10003477959

Membership has its privileges : the effect of membership in international organizations on FDI

Dreher, Axel; Mikosch, Heiner; Voigt, Stefan - 2010

We argue that membership in International Organizations (IOs) is an important determinant of FDI inflows. To the extent that membership restricts a country from pursuing policies that are harmful to investors, it can signal low political risk. Using data over the 1971-2005 period, we find that...

Persistent link: https://www.econbiz.de/10008667612

Endogenous constitutions : politics and politicians matter, economic outcomes don’t

Hayo, Bernd; Voigt, Stefan - 2010

We study changes in the form of government as an example of endogenously determined constitutions. For a sample of 202 countries over the period 1950-2006, we find that most changes are relatively small and roughly equally likely to be either in the direction of more parliamentarian or more...

Persistent link: https://www.econbiz.de/10008695545

The economic effects of direct democracy : a first global assessment

Blume, Lorenz (contributor); Müller, Jens (contributor); … - 2007

Persistent link: https://www.econbiz.de/10003624036

The economic effects of constitutions : replicating - and extending - Persson and Tabellini

Blume, Lorenz; Müller, Jens; Voigt, Stefan; Wolf, Carsten - 2007

Persistent link: https://www.econbiz.de/10003498675

Long-run links among money, prices, and output : world-wide evidence

Herwartz, Helmut; Reimers, Hans-Eggert - 2001

analyse this topic by means of a P-star model. Based on the quantity theory of money, this approach explains inflation via a …. Moreover, parameter restrictions for the long-run relationships implied by the monetary theory are tested. Country specific P … Preisniveau und dem realen Output testet. Weiterhin werden die Parameterrestriktionen, die sich durch die monet¨are Theorie …

Persistent link: https://www.econbiz.de/10011419407