Showing 1 - 10 of 17,919
One goal of China's Go Out policy is to create goodwill in countries around the world. At the same time, China's growing economic engagement has provoked much criticism. This paper is the first to study whether these activities change the attitudes of individuals in developing countries towards...
Persistent link: https://www.econbiz.de/10011818445
This paper exploits a recent and granular data set for 1,500 German LSIs to conduct a residential mortgage stress testing exercise. To account for model uncertainty when modeling PD dynamics we use a benchmark-constrained Bayesian model averaging approach that combines standard BMA with a...
Persistent link: https://www.econbiz.de/10011764865
In this paper we study the impact of model uncertainty, which occurs when linking a stress scenario to default probabilities, on reduced-form credit risk stress testing. This type of uncertainty is omnipresent in most macroeconomic stress testing applications due to short time series for banks'...
Persistent link: https://www.econbiz.de/10011897976
This paper studies the behavior of investment during demographic transitions. In particular, I focus on the period where the working age to population ratio reaches its maximum, namely the demographic window. I document that in Europe, Asia, and Oceania investment rates are higher 15 years...
Persistent link: https://www.econbiz.de/10012167277
Foreign direct investment (FDI) flows to Mexico are substantial and play an important role in the Mexican economy since … landscape and sectoral structure in this host country. We illustrate that there is considerable variation in the amounts of FDI … there is a significant impact of FDI on structural change. We conduct an empirical analysis covering the period 2006 …
Persistent link: https://www.econbiz.de/10011903061
Foreign direct investment (FDI) flows to Mexico are substantial and play an important role in the Mexican economy since … landscape and sectoral structure in this host country. We illustrate that there is considerable variation in the amounts of FDI … there is a significant impact of FDI on structural change. We conduct an empirical analysis covering the period 2006 …
Persistent link: https://www.econbiz.de/10011911309
The research delves into the determinants of inward FDI to Colombia in the context of economic integration promoted by … the country more attractive to foreign direct investment (FDI), in a framework of fiscal discipline and a stable economic … environment for economic growth, albeit characterised by complex institutional conditions. Government reforms have revitalized FDI …
Persistent link: https://www.econbiz.de/10014249591
The main objective of this paper is to examine the determining factors of outward FDI from four major OECD investors US … whether the motivation for FDI differs among these investors. Rather than relying on specific theories of FDI determinants we … examine them all simultaneously employing Bayesian Model Averaging (BMA) in a panel data set with 129 FDI destinations in 5 …
Persistent link: https://www.econbiz.de/10011346444
in der Region und die Absorptionsfähigkeit von FDI das regionale Wirtschaftswachstum beeinflussen. Die empirische Analyse … positive. Es gibt eine schwache Evidenz, dass FDI einen Einfluss auf das Wirtschaftswachstum in der Ukraine haben. Der Effekt … ukrainischen Region, in der die „pro-westliche“ Tymoshenko-Partei regiert, ist der Effekt von FDI auf das Wirtschaftswachstum um 0 …
Persistent link: https://www.econbiz.de/10011478551
In recent decades, financial liberalization has been one of the most important strategies for Asian countries to promote growth. However, debate emerges following several financial crises on whether liberalizing financial markets and allowing for free access to international capital markets,...
Persistent link: https://www.econbiz.de/10010462236