Showing 1 - 10 of 190
While much attention has focused on the modelling of the interdependencies between key aggregates and stock indices in industrialised countries, this thesis is focused on investments in emerging markets and real estate – two research branches that have up to now not been investigated to a...
Persistent link: https://www.econbiz.de/10009450173
determining the relationship among markets remains unclear. The cointegration framework, OLS and principal component regressions … are applied in order to investigate the influence of geographical distance on the cointegration relationship between … Brazil`s rice markets. In response to changes of the agricultural policies during the period of investigation, the presence …
Persistent link: https://www.econbiz.de/10009443372
determining the relationship among markets remains unclear. The cointegration framework, OLS and principal component regressions … are applied in order to investigate the influence of geographical distance on the cointegration relationship between … Brazil`s rice markets. In response to changes of the agricultural policies during the period of investigation, the presence …
Persistent link: https://www.econbiz.de/10009446334
Es ist noch immer nicht endgültig geklärt, wie fiskalische Dezentralisierung die Höhe und Struktur der öffentlichen Ausgaben beeinflusst. Diese Dissertation analysiert daher zwei zusammenhängende Fragen. Erstens werden die Auswirkungen der fiskalischen Dezentralisierung auf die...
Persistent link: https://www.econbiz.de/10009476259
the government’s seigniorage requirement. Our results argue that a managed float, with little or no sterilization of …
Persistent link: https://www.econbiz.de/10009441501
requirements and also by relying on seigniorage to finance their deficits. In the context of those practices, this research …
Persistent link: https://www.econbiz.de/10009441674
, dollarization is a win-win proposition exceptpossibly for some fiscal costs (called seigniorage in the technical jargon). In the …
Persistent link: https://www.econbiz.de/10009450720
In this paper, we study the effects of bureaucratic corruption on fiscal policy and the subsequent impact on economic growth. Here corruption takes three forms: (i) it reduces the tax revenue raised from households, (ii) it inflates the volume of government spending, and (iii) it reduces the...
Persistent link: https://www.econbiz.de/10009480843
state needs higher seigniorage revenue to generate the necessary income to cover government expenditure. These two theories …, that is, that corruption leads to a higher rate of inflation and/or higher seigniorage, will be tested for a cross … unterschiedlichen L?ndern wie Zaire (demokratisch Kongo), Indonesien, Brasilien und Japan werden im Rahmen dieser Arbeit pr …
Persistent link: https://www.econbiz.de/10009484798