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This paper analyzes whether nation-state governments can increase their credibility by becoming members of … international organizations. Credibility is an important asset because it determines the real interest rate and is expected to have … organizations can improve the credibility of nation-state governments. This hypothesis is tested by introducing a new indicator. On …
Persistent link: https://www.econbiz.de/10014064413
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 membership in IOs does indeed increase inflows of FDI. Controlling for …
Persistent link: https://www.econbiz.de/10008667612
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 membership in IOs does indeed increase inflows of FDI. Controlling for …
Persistent link: https://www.econbiz.de/10013136347
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 membership in IOs does indeed increase inflows of FDI. Controlling for …
Persistent link: https://www.econbiz.de/10008699691
This paper analyzes whether nation-state governments can increase their credibility by becoming members of … international organizations. Credibility is an important asset because it determines the real interest rate and is expected to have … organizations can improve the credibility of nation-state governments. This hypothesis is tested by introducing a new indicator. On …
Persistent link: https://www.econbiz.de/10002968563
Persistent link: https://www.econbiz.de/10010494899
Persistent link: https://www.econbiz.de/10001717986
We examine how trade openness influences income inequality within countries. The sample includes 139 countries over the period 1970-2014. We employ predicted openness as instrument to deal with the endogeneity of trade openness. The effect of trade openness on income inequality differs across...
Persistent link: https://www.econbiz.de/10012599018
We examine how trade openness influences income inequality within countries. The sample includes 139 countries over the period 1970-2014. We employ predicted openness as instrument to deal with the endogeneity of trade openness. The effect of trade openness on income inequality differs across...
Persistent link: https://www.econbiz.de/10013218286
This paper re-examines the link between globalization and income inequality. We use data for 140 countries over the period 1970-2014 and employ an IV approach to deal with the endogeneity of globalization measures. We find that the link between globalization and income inequality differs across...
Persistent link: https://www.econbiz.de/10013315438