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bank intervention on exchange rates. Within a heterogeneous expectations exchange rate model intervention operations are … to daily US-dollar/DEM forward rates and intervention data of the Deutsche Bundesbank and the Federal Reserve from 1979 …
Persistent link: https://www.econbiz.de/10011431685
, multinational enterprises rather appear to be attracted by countries in which civil and political freedom is respected. Our finding …
Persistent link: https://www.econbiz.de/10011397998
constraints implied by political liberalism. We find that freedom of choice restricts sufficiency to rather wealthy societies and …
Persistent link: https://www.econbiz.de/10011441159
more lenient and child labor thus more prevalent than in countries enjoying political freedom. We test this implication and …
Persistent link: https://www.econbiz.de/10011451064
Persistent link: https://www.econbiz.de/10012519060
Persistent link: https://www.econbiz.de/10012585009
The relationship between the distribution of political rights and that of economic resources has been studied both theoretically and empirically. This paper reviews the existing literature and, in particular, the available empirical evidence.Our reading of the literature suggests that formal...
Persistent link: https://www.econbiz.de/10009781532
of equality and freedom is and what relation between the two is essential to a good political order. Views range from the … conviction that too much socio-economic equality jeopardises freedom to the position that a certain level of equality is … necessary for the proper realisation of freedom. Building on these conflicting normative claims, we look at data from more than …
Persistent link: https://www.econbiz.de/10011763781
new light on the usefulness of mediation in contracting and on the design of optimal mechanisms. …
Persistent link: https://www.econbiz.de/10011285322