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The corruption-growth relationship : do political institutions matter?
Saha, Shrabani; Sen, Kunal - 2019
of political institutions in mediating the corruption-growth relationship using panel data over one hundred countries for …Corruption is widely believed to negatively affect economic growth. However, many East and Southeast Asia countries … either achieved or currently are achieving impressively rapid economic growth despite widespread corruption - the 'East Asian …
Persistent link: https://www.econbiz.de/10012102930
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A detailed derivation of the sticky price and sticky information new Keynesian DSGE model
Menz, Jan-Oliver; Vogel, Lena - 2009
This paper aims at providing macroeconomists with a detailed exposition of the New Keynesian DSGE model. Both the sticky price version and the sticky information variant are derived mathematically. Moreover, we simulate the models, also including lagged terms in the sticky price version, and...
Persistent link: https://www.econbiz.de/10010425864
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Non-Linearity in the Finance-Growth Nexus : Evidence from Indonesia
Soedarmono, Wahyoe - 2016
This paper investigates the finance-growth nexus where bank credit is decomposed into investment, consumption, and working capital credit. From a panel dataset of provinces in Indonesia, it documents that higher financial development measured by financial deepening and financial intermediation...
Persistent link: https://www.econbiz.de/10013005195
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Optimal Price Adjustment : Tests of a Price Equations in U.S. Manufacturing
Von zur Mühlen, Peter - 2022
This paper presents an equation of the dynamic path of prices in a monopolistically competitive market in which firms sell to both old and new customers. Both types are able to search for the lowest price, given search costs, where the expected number of searches is given by the inverse of the...
Persistent link: https://www.econbiz.de/10013403841
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Political versus economic institutions in the growth process
Flachaire, Emmanuel; García-Peénalosa, Cecilia; … - 2011
After a decade of research on the relationship between institutions and growth, scholars in this field seem to be … divided. Economic institutions perform well in growth regressions and a body of literature argues that this supports the key … importance of institutions for development. Other authors maintain that the type of constraints that the recent theoretical …
Persistent link: https://www.econbiz.de/10010274856
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Ethnic favoritism : an axiom of politics?
De Luca, Giacomo; Hodler, Roland; Raschky, Paul A.; … - 2015
phenomenon, which is present in poor as well as rich countries; that political institutions have a weak effect on ethnic …
Persistent link: https://www.econbiz.de/10010479931
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Institutional governance, education and growth
Jellal, Mohammed; Bouzahzah, Mohamed; Asongu, Simplice - 2015
This study articulates the interaction between institutional governance, education and economic growth. Given the current pursuit of education policy reforms and knowledge economy around the world, it is of policy relevance to theoretically analyze the main mechanisms by which the macroeconomic...
Persistent link: https://www.econbiz.de/10011596860
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Revisiting the finance-innovation nexus : evidence from a non-linear approach
Hook, Law Siong; Lee, Weng Chang; Singh, Nirvikar - In: Journal of innovation & knowledge : JIK 3 (2018) 3, pp. 143-153
This study examined the non-linear relationship between financial development and innovation using generalized method of moments (GMM) estimators for a panel data model. The sample comprised data for 75 developed and developing countries for the period 1996 to 2010. An inverted U-shaped...
Persistent link: https://www.econbiz.de/10011932490
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Was Domar right? : serfdom and factor endowments in Bohemia
Klein, Alexander; Ogilvie, Sheilagh C. - 2017
endowments significantly influenced serfdom. Institutions, we conclude, are shaped partly by economic fundamentals. …
Persistent link: https://www.econbiz.de/10011747534
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The impact of regulations and institutions on competitiveness and productivity : the case of Greece
Nicolitsas, Daphne - In: European journal of comparative economics 18 (2021) 1, pp. 23-47
business demographics together with detailed information on product and labor market institutions to support the argument that … these institutions played a role in the premature deindustrialization of the economy and in shaping a structure binding the …
Persistent link: https://www.econbiz.de/10012806018