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Persistent link: https://www.econbiz.de/10001851344
This paper compares corruption in China over the past 15 years with corruption in the U.S. between 1870 and 1930 …, periods that are roughly comparable in terms of real income per capita. Corruption indicators for both countries and both … periods are constructed by tracking corruption news in prominent U.S. newspapers. Several robustness checks confirm the …
Persistent link: https://www.econbiz.de/10013097049
continents – the USA, Brazil, Germany and China. The authors use the Human Beliefs and Values Survey data to examine several …
Persistent link: https://www.econbiz.de/10013055212
Financial regulation is a much debated topic for some time. The history of financial instruments started at a time when people started giving value to physical objects over and above its inherent utility. Right from the very beginning of their existence, it has been acknowledged that financial...
Persistent link: https://www.econbiz.de/10012954603
Immobilien- und Finanzmärkten untersucht und anhand der Finanzmarktkrisen in Japan Anfang der 1990er Jahre und in den USA in den …
Persistent link: https://www.econbiz.de/10003947954
We analyze the risk premium on bank bonds at origination with a special focus on the role of implicit and explicit public guarantees and the systemic relevance of the issuing institutions. By looking at the asset swap spread on 5,500 bonds, we find that explicit guarantees and sovereign...
Persistent link: https://www.econbiz.de/10010343421
Persistent link: https://www.econbiz.de/10001708838
Immobilien- und Finanzmärkten untersucht und anhand der Finanzmarktkrisen in Japan Anfang der 1990er Jahre und in den USA in den …
Persistent link: https://www.econbiz.de/10010281947
This paper evaluates whether the level of public corruption influences COVID-19 case fatality rates. Using cross …-section data, including 64 countries and multiple regression techniques, we find that the level of corruption is positively and …
Persistent link: https://www.econbiz.de/10012486422
The paper investigates how tax rates, corruption and institutional aspects of the labour market influence the size of … corruption, as well as the establishment of a new concept and variable, the subjective tax rate. Alternative regression …
Persistent link: https://www.econbiz.de/10010494350