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The relationship between services trade and government procurement commitments : insights from relevant WTO agreements and recent RTAs
Anderson, Robert D.; Locatelli, Claudia; Müller, Anna … - 2014 - Manuscript date: 24 October, 2014
To date, government procurement has been effectively carved out of the main multilateral rules of the WTO system. This paper examines the systemic and other ramifications of this exclusion, from both an economic and a legal point of view. In addition to relevant elements of the WTO Agreements,...
Persistent link: https://www.econbiz.de/10012882817
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Options for China in a Dollar Standard World : A Sovereign Currency Approach
Wray, L. Randall - 2014
This paper examines the fiscal and monetary policy options available to China as a sovereign currency-issuing nation operating in a dollar standard world. We first summarize a number of issues facing China, including the possibility of slower growth, global imbalances, and a number of domestic...
Persistent link: https://www.econbiz.de/10013061076
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The relationship between services trade and government procurement commitments : insights from relevant WTO agreements and recent RTAs
Anderson, Robert D.; Locatelli, Claudia; Müller, Anna … - 2014 - Manuscript date: 24 October, 2014
To date, government procurement has been effectively carved out of the main multilateral rules of the WTO system. This paper examines the systemic and other ramifications of this exclusion, from both an economic and a legal point of view. In addition to relevant elements of the WTO Agreements,...
Persistent link: https://www.econbiz.de/10010430680
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Options for China in a dollar standard world : a sovereign currency approach
Wray, L. Randall; Liu, Xinhua - 2014
This paper examines the fiscal and monetary policy options available to China as a sovereign currency-issuing nation operating in a dollar standard world. We first summarize a number of issues facing China, including the possibility of slower growth, global imbalances, and a number of domestic...
Persistent link: https://www.econbiz.de/10010228185
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Inequality, infrastructure, and institutions : empirical studies in public economics and political economy
Dorn, Florian - 2021
Florian Dorn erstellte diesen Beitrag während seines Promotionsstudiums an der Universität München (LMU). Die Studie wurde im September 2020 abgeschlossen und von der Fakultät für Volkswirtschaftslehre als Dissertation angenommen. Die Dissertation trägt zur Empirie der Ökonomie des...
Persistent link: https://www.econbiz.de/10012807266
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On the exposure of insurance companies to sovereign risk : portfolio investments and market forces
Düll, Robert; König, Felix; Ohls, Jana - 2015
risk. This paper focuses on the transmission of sovereign risk to insurance companies as some of the largest institutional … investors in the sovereign bond market. We use a firm level panel dataset that covers large insurance companies, banks and non … reflected in current insurance regulation (incl. upcoming Solvency II in Europe). …
Persistent link: https://www.econbiz.de/10011373080
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Societal Trust, Risk Avoidance and Corporate Risk Taking : Evidence from the Global Insurance Industry
Sun, Tao - 2023
The global insurance industry is undergoing fundamental change, with countries that are classified as emerging … taking by insurance firms around the world between 2001 and 2014. We measure societal trust and risk avoidance using the …
Persistent link: https://www.econbiz.de/10014356124
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Determinants of Mergers and Acquisitions : Evidence from the Insurance Industry
Cummins, J David - 2019
in mergers and acquisitions (M&As) by insurance firms. We investigate firm factors for both becoming a target or becoming … an acquirer using a detailed database of the Spanish insurance industry over the period 2000-2012. The period encompasses …
Persistent link: https://www.econbiz.de/10012858969
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Regulations, Institutions and Income Smoothing by Managing Technical Reserves : International Evidence from the Insurance Industry
Gaganis, Chrysovalantis - 2015
This paper investigates the role of technical reserves affecting income smoothing behavior of insurance companies. This … is one of the first attempts in the literature to trace such relationship in the insurance industry, especially at a … multi-country setting. The experience of 770 insurance firms operating in 87 countries over the 2000-2009 reveals that there …
Persistent link: https://www.econbiz.de/10013025189
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Consolidation and Systemic Risk in the International Insurance Industry
Muhlnickel, Janina - 2015
This paper is the first to examine the effects of consolidation in the international insurance industry on the … strong positive relation between consolidation in the insurance industry and moderate systemic risk in the insurance and …-traditional financing activities, and diversification across insurance lines all add to the destabilizing effect of insurance consolidation …
Persistent link: https://www.econbiz.de/10013036587