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Government Constraints and Economic Voting in Greece
Kosmidis, Spyros - London School of Economics (LSE) - 2013
economic reforms imposed by the EU and the IMF. However, recent theories of accountability would predict lower levels of … assignment of responsibility for (economic) policy outcomes from the EU to the national government, which in turn heightened the … international structures, government constraints and democratic accountability. …
Persistent link: https://www.econbiz.de/10010686657
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Are there any Animal Spirits behind the Scenes of the Euro area Sovereign Debt Crisis?
Mamatzakis, Emmanuel - London School of Economics (LSE) - 2013
This paper reveals the underlying market’s preferences over the on going Euro area sovereign debt crisis. It builds on a loss function with reference to the ‘basis’, the difference between the spread over swap and Credit Default Swap (CDS) for sovereign bonds. This loss function is general...
Persistent link: https://www.econbiz.de/10010686658
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A Review Essay on the European Guilds
Koyama, Mark - 2019
Ogilvie's The European Guilds is a major contribution to economic history and institutional economics. This review essay surveys the main contributions of Guilds, locating it in a long-standing debate over whether craft guilds contributed positively or negatively to economic development in...
Persistent link: https://www.econbiz.de/10012866471
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Institutions and Impersonal Exchange : The European Experience
Greif, Avner - 2005
This paper presents an institution - the Community Responsibility System (CRS) - which has been a missing link in our understanding of market development. The CRS fostered market expansion throughout pre-modern Europe by providing the contract enforcement required for impersonal exchange...
Persistent link: https://www.econbiz.de/10014071623
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Voting behaviour and the economy : evidence from Greece
Goulas, Eleftherios; Kallandranis, Christos; … - In: Economic issues 24 (2019) 1, pp. 36-59
Persistent link: https://www.econbiz.de/10012008255
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Cross sections are history
Easterlin, Richard A. - 2013
Although cross section relationships are often taken to indicate causation, and especially the important impact of economic growth on many social phenomena, they may, in fact, merely reflect historical experience, that is, similar leader-follower country patterns for variables that are causally...
Persistent link: https://www.econbiz.de/10010293135
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New Nationalism and Development in Africa: Review Article
Kohnert, Dirk - In: Africa Spectrum 44 (2009) 1, pp. 111-123
About fifty years after the independence of most former colonies on the African continent, books on African nationalism again rank high on the agenda of the international academic discussion. A selection of three recent publications demonstrates the advances made in scholarly analysis in the...
Persistent link: https://www.econbiz.de/10011331402
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Entry of painters in the Amsterdam market of the golden age
Etro, Federico; Stepanova, Elena - 2015
We analyze the evolution of the price of paintings in the XVII century Amsterdam art market to test a hypothesis of endogenous entry: higher profitability should attract more entry of painters, which in turn should lead to artistic innovations and more intense competition. We build a price index...
Persistent link: https://www.econbiz.de/10011335936
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Art collections and taste in the Spanish Siglo de Oro
Etro, Federico; Stepanova, Elena - 2015
We analyze art pricing in a unique dataset on Madrid inventories between 1600 and 1750. Hedonic regressions reveal a number of interesting facts about the taste of Baroque Spanish collectors and the imports of foreign paintings. The hedonic price index shows an impressive increase in the price...
Persistent link: https://www.econbiz.de/10011335938
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Convergence clubs in Latin America: A historical approach
Barrientos Quiroga, Paola Andrea - 2011
Literature on convergence among Latin American countries is still scarce compared to other regions. Almost none of the research connects convergence to the economic history of Latin America and the usual finding is one speed of convergence assuming one globally stable steady-state. In this paper...
Persistent link: https://www.econbiz.de/10010326927