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International grain markets: Russia as a new power?

Glauben, Thomas; Pàll, Zsombor; Perekhozhuk, Oleksandr; … - 2012

Russia, a former net importer of wheat, has developed into one of the leading actors in the world wheat market within … the last decade. Forecasts suggest that Russia's share in the world market may increase even further and Russia might … become the world's largest wheat exporter by 2020. One key research question resulting from this development is whether …

Persistent link: https://www.econbiz.de/10010311740

Central banks: Paradise lost

Issing, Otmar - 2012

Persistent link: https://www.econbiz.de/10010311802

Multilateralism and regionalism from an American perspective: Parallels and contrasts with the Langhammer vision

Hufbauer, Gary Clyde - In: Economics: The Open-Access, Open-Assessment E-Journal 7 (2013) 2013-9, pp. 1-18

facing the world trading order, and proposes possible ways out of the persistent impasse. Hufbauer argues that the success of …

Persistent link: https://www.econbiz.de/10010311845

Challenges to the multilateral trading system and possible responses

Panagariya, Arvind - In: Economics: The Open-Access, Open-Assessment E-Journal 7 (2013) 2013-10, pp. 1-25

institution in charge of it, the World Trade Organization, is in sound health. If anything, the Doha Round has been a victim of …

Persistent link: https://www.econbiz.de/10010311846

Milne, Alistair - In: Economics: The Open-Access, Open-Assessment E-Journal 7 (2013) 2013-7, pp. 1-31

A fundamental cause of the global financial crisis was excessive maturity mismatch, notably shadow banking holdings of sub-prime MBS and other structured credit instruments and cross-border Euro area interbank lending to the uncompetitive Euro area periphery. The costs of short term funding do...

Persistent link: https://www.econbiz.de/10010311848

Equity market liberalization, credit constraints and income inequality

Sun, Puyang; Sen, Somnath; Jin, Shujing - In: Economics: The Open-Access, Open-Assessment E-Journal 7 (2013) 2013-12, pp. 1-28

This paper provides compelling evidence that equity market liberalization, as the most efficient way to smooth financial market frictions such as credit constraints, can alleviate persistent cross-dynastic income inequality by promoting increased human capital accumulation. The authors examine...

Persistent link: https://www.econbiz.de/10010311850

What a Difference Kyoto Made: Evidence from Instrumental Variables Estimation

Aichele, Rahel; Felbermayr, Gabriel - 2011

The Kyoto Protocol's success or failure should be evaluated against the unobserved counterfactual of no treatment. This requires instrumental variables. We find that countries' membership in the International Criminal Court (ICC) predicts Kyoto ratification in a panel model. Both multilateral...

Persistent link: https://www.econbiz.de/10010312056

Management Practice in Production

Triebs, Thomas; Kumbhakar, Subal C. - 2012

In this paper we account for observed management practice in the estimation of aproduction function. In our model management practice is observable and we allow it toaffect output directly (neutral shift) and indirectly by affecting input productivity. Thisformulation gives us a semiparametric...

Persistent link: https://www.econbiz.de/10010312060

Korruption und Schattenwirtschaft

Thum, Marcel - 2005

Dieser Beitrag setzt sich mit dem Verhältnis von Schattenwirtschaft und Korruptionauseinander. Es wird insbesondere die Frage untersucht, welche Rolle die Schattenwirtschaftin korrupten Ökonomien spielt. Die Schattenwirtschaft begrenzt letztendlich dieMacht korrupter Institutionen, indem sie...

Persistent link: https://www.econbiz.de/10010312111

Multilateral Environmental Agreements up to 2050: Are They Sustainable Enough?

Jeßberger, Christoph - 2011

Today, reducing CO2 emissions is a global target which nearly all countries in the worldprioritize. Some countries have ratified up to 30 multilateral environmental agreementsregarding the atmosphere up to 2006. This number has been surging since 1989 after theratification of the Montreal...

Persistent link: https://www.econbiz.de/10010312113