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tools of conflict prevention. …
Persistent link: https://www.econbiz.de/10010489890
On June 4-5, 2014, SUERF and Baffi Finlawmetrics jointly organised a Colloquium/Conference "Money, Regulation and Growth: Financing New Growth in Europe" at Bocconi University, Milan. The present SUERF Study includes a selection of papers based on the authors’ contributions to the Milan event....
Persistent link: https://www.econbiz.de/10011711957
Income equality and trust seem to go along with several other ingredients of social capital as determinants of economic growth across the globe. In a large sample of countries, equality in the distribution of income as measured by the World Bank and by The Standardized World Income Inequality...
Persistent link: https://www.econbiz.de/10011966802
We study the effects of a labor-intensive health care sector within an R&D-driven growth model with overlapping generations. Health care increases longevity and labor participation/productivity. We examine under which conditions expanding health care enhances growth and welfare. Even if the...
Persistent link: https://www.econbiz.de/10010338973
Persistent link: https://www.econbiz.de/10002104104
We study the role of competition for the hold-up problem in foreign direct investment in resource-based industries. The host country government is not only unable to commit not to expropriate investment ex post, but is also unable to commit to the provision of local resources. In the case of...
Persistent link: https://www.econbiz.de/10010483889
We study how natural-resource rents affect the risk of internal conflict within countries and how the federal structure … the risk of internal conflict. Fiscal and political decentralization as an institutional arrangement for rent-sharing and … natural-resource rents indeed increase the risk of internal conflict, but this relationship is significantly mitigated by …
Persistent link: https://www.econbiz.de/10010339382
Persistent link: https://www.econbiz.de/10012112413
In this article we study the relation between the quality of contract enforcement and R&D investment across countries and industries. If companies invest successfully in R&D they are open for exploitation by their supplier if supply contracts are not enforceable. This hold-up problem can reduce...
Persistent link: https://www.econbiz.de/10010342222