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Does international financial integration boost economic growth? The question has been discussed controversially for a long time. As of yet, robust evidence for a positive impact is lacking (Edison et al., 2002). However, there is substantial narrative evidence from economic history that...
Persistent link: https://www.econbiz.de/10010276748
is included to control for social effects. Data from 28 countries, world-wide, are used to test the hypotheses, based on … intersecting data available from the Global Entrepreneurship Monitor, World Values Survey and other published sources. Findings …
Persistent link: https://www.econbiz.de/10010276797
The analysis of the effect of new ventures on the economy has been widely investigated over the last decade. However, the Global Entrepreneurship Monitor (GEM) international research was the first that provided a consistent and comparable estimation of the entrepreneurial activity over nations....
Persistent link: https://www.econbiz.de/10010276801
Persistent link: https://www.econbiz.de/10010276805
effects. Data from 27 countries, world-wide, are used to test the hypotheses, based on intersecting data available from the … Global Entrepreneurship Monitor, World Values Survey and other published sources. Findings confirm the significance of post …
Persistent link: https://www.econbiz.de/10010276806
We use the new version of the GTAP-W model to analyze the economy-wide impacts of enhanced irrigation efficiency. The new production structure of the model, which introduces a differentiation between rainfed and irrigated crops, allows a better understanding of the use of water resources in...
Persistent link: https://www.econbiz.de/10010276821
There is a lively debate on the persistence of the current banking crisis' impact on GDP. Impulse Response Functions (IRF) estimated by Cerra and Saxena (2008) suggest that the effects of earlier crises were long-lasting. We show that standard estimates of IRFs are highly sensitive to...
Persistent link: https://www.econbiz.de/10010276868
This paper examines the small world hypothesis. The first part of the paper presents empirical evidence on the … evolution of a particular world: the world of journal publishing economists during the period 1970-2000. We find that in the … 1970's the world of economics was a collection of islands, with the largest island having about 15% of the population. Two …
Persistent link: https://www.econbiz.de/10010276885
We analyze how an artist's death influences the market prices of her works of art. Death has two opposing effects on art prices. By irrevocably restricting the artist's oeuvre, prices, ceteris paribus, increase when the artist dies. On the other hand, an untimely death may well frustrate the...
Persistent link: https://www.econbiz.de/10010276896
Previous research on the optimal size of a monetary policy committee (MPC) focused on theoretical analyses and experimental studies. These studies suggest that the ideal monetary policy committee may not have many more than five members. In this paper we conduct an empirical cross-country study...
Persistent link: https://www.econbiz.de/10010276919