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Bureaucracy, underground activities, and fluctuations
Soldatos, Gerasimos Th. - In: Atlantic review of economics : AROE 2 (2014)
This is a note on corruption and underground economy in a Kaldor-type model of the business cycle. It appears that when …
Persistent link: https://www.econbiz.de/10011308143
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(Almost) 200 Years of News-Based Economic Sentiment
Binsbergen, Jules H. van; Bryzgalova, Svetlana; … - National Bureau of Economic Research - 2024
Using text from 200 million pages of 13,000 US local newspapers and machine learning methods, we construct a 170-year-long measure of economic sentiment at the country and state levels, that expands existing measures in both the time series (by more than a century) and the cross-section. Our...
Persistent link: https://www.econbiz.de/10014468226
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Betrayed by the Elites : How Corruption Amplifies the Political Effects of Recessions
Sanz, Carlos - 2020
We investigate whether corruption amplifies the political effects of economic crises. Using Spanish municipal … than in municipalities without a history of political corruption. We bolster this evidence by showing that, conditional on … interaction of unemployment and corruption harms the two traditional main parties and benefits especially the new party on the …
Persistent link: https://www.econbiz.de/10012823993
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Corruption and FDI in Natural Resources : The Role of Economic Downturn and Crises
Cruz, Manuel David; Jha, Chandan Kumar; Kırşanlı, Fatih - 2022
This study adds to largely non-existent literature on corruption and foreign direct investment (FDI) in natural … 2020. We find that higher levels of corruption are associated with lower levels of FDI in natural resources, supporting the … likely to use the prevalence of corruption to disregard laws to attract greater FDI in natural resources to compensate for …
Persistent link: https://www.econbiz.de/10014235747
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Essays on barriers to growth, strategic behavior and uncertainty
Livshits, Igor - 2002
Persistent link: https://www.econbiz.de/10003777015
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Vested interests and technology adoption
Bridgman, Benjamin R.; Livshits, Igor; MacGee, James - In: Journal of monetary economics 54 (2007) 3, pp. 649-666
Persistent link: https://www.econbiz.de/10003464493
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Electoral Cycles in Macroprudential Regulation
Müller, Karsten - 2020
uncertain, regulators are closely tied to politicians, and institutions are poor. These results suggest that political pressures … may limit the ability of regulators to "lean against the wind." …
Persistent link: https://www.econbiz.de/10012852520
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Electoral Cycles in Macroprudential Regulation
Müller, Karsten - 2021
may limit the ability of regulators to “lean against the wind.” …
Persistent link: https://www.econbiz.de/10013315065
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Electoral cycles in macroprudential regulation
Müller, Karsten - 2019
may limit the ability of regulators to "lean against the wind." …
Persistent link: https://www.econbiz.de/10012135983
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Countercyclical Regulation and Its Challenges
McCoy, Patricia A. - 2016
Following the 2008 financial crisis, countercyclical regulation emerged as one of the most promising breakthroughs in years to halting destructive cycles of booms and busts. This new approach to systemic risk posits that financial regulation should clamp down during economic expansions and ease...
Persistent link: https://www.econbiz.de/10013005214