This volume was prepared by Inga Heiland while she was working at the Ifo Institute. It was completed in July 2016 and accepted as a doctoral thesis by the Department of Economics at the University of Munich. It comprises five chapters addressing one or more aspects of international trade and...

This dissertation was written by Christopher Weber during his time as a research assistant at the Center for Economic Studies (CES) at the Ludwig-Maximilians-Universität (LMU) Munich. It was handed in at the department of Economics at the LMU Munich in July 2016. The goal of the thesis is to...

Im Jahre 1991 vollzogen Argentinien, Brasilien, Uruguay und Paraguay mit der Gründung des “Gemeinsamen Marktes des Südens” (Mercado Común del Sur/MERCOSUR) einen wirtschaftspolitischen Paradigmenwechsel in Richtung Integration in die Weltwirtschaft und Nutzung komparativer...

Verslo ciklų sinchronizacijos reiškinio atpažinimas socialiniuose moksluose paskatino daugelio skirtingų sričių tyrėjų (fizikų, ekonofizikų, ekonomistų) domėjimąsi šiuo fenomenu. Kokie aplinkos veiksniai lemia šalių verslo ciklų sinchronizaciją ir kaip įvertinti šių...

Recognition of the business cycle synchronization phenomenon in social science fostered a number of researchers from different areas (physics, econophysics, economics) to take interest in this phenomenon. Which environmental determinants influence the country’s business cycle synchronization...

This dissertation concerns cross-country consumption risk sharing in a long-run perspective. Financial integration, empirically measured by cross-country holdings of assets and liabilities, has increased dramatically in the past two decades. But what can explain the lack of cross-country risk...

In the past three decades the stock of assets and liabilities of developingcountries measured as a ratio of GDP has tripled. It is commonly believed that anincrease in opportunities for diversifying risk allows more consumption smoothing.However, the data show that volatility of consumption in...

This dissertation consists of three essays in international economics. The first chapter investigates whether opening up to international financial flows improves aggregate productivity in the presence of limited contract enforceability. I present a model of two countries that differ in terms of...

Zusammenfassung: Diese Arbeit liefert eine institutionenökonomische Sicht auf den chinesischen Bankensektor des Jahres 2005. Im theoretischen Teil werden etablierte makroprudentielle Indikatoren zur Prüfung der Bankenstabilität in einen Rahmen aus informellen und formalen marktregulierenden...

The work is a normative approach towards the financial stability of a society comprising banks, firms, and a central bank (research field: macroeconomics/financial stability). I propose new rules that will endogenously emerge from the analysis to decrease the financial instability of the system....