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Dangerous liaisons? An empirical assessment of inflation targeting and exchange rate regimes

Aguirre, Horacio; Burdisso, Tamara - 2008

The role of the exchange rate under inflation targeting (IT) remains an unresolved issue in literature and policy discussions -and a challenge for central banks implementing IT, especially in developing countries. This paper aims at assessing whether there is a relation between the nominal...

Persistent link: https://www.econbiz.de/10010325099

Gestaltungskriterien für ein Folgeabkommen zum Kyoto-Protokoll: Eine ökonomische Analyse des globalen Klimaschutzes

Kleber, Carolin - 2011

Latest findings of climate change research indicate that anthropogenic greenhouse gas emissions since the beginning of the industrial revolution have significantly contributed to the observed rise in global mean temperature. In addition, a further rise, with the potential passing of critical...

Persistent link: https://www.econbiz.de/10010325134

On the heterogeneity of Terror

Kis-Katos, Krisztina; Liebert, Helge; Schulze, Günther - 2012

The existing literature on the determinants of terrorism treats terror as a uniform phenomenon and does not distinguish between different types of terror. This paper explicitly addresses the heterogeneity of terror by classifying groups according to their ideologies. We show that the pattern of...

Persistent link: https://www.econbiz.de/10010325137

The Transaction Costs Perspective on Standards as a Source of Trade and Productivity Growth

den Butter, Frank A.G.; Groot, Stefan P.T.; Lazrak, Faroek - 2007

This paper discusses the design, implementation and use of standards from the perspective of transaction costs economics. A proper design and implementation of standards may lead to a considerable reduction of transaction costs, which enhances trade and, consequently, economic welfare. A major...

Persistent link: https://www.econbiz.de/10010325142

Lobbying on Entry

Perotti, Enrico; Volpin, Paolo - 2004

We develop a model of endogenous lobby formation in which wealth inequalityand political accountability undermine entry and financial development. In-cumbents seek a low level of effective investor protection to prevent potentialentrants from raising capital. They succeed because they can...

Persistent link: https://www.econbiz.de/10010325212

Economics: An Emerging Small World?

Goyal, Sanjeev; van der Leij, Marco; Moraga, Jose Luis - 2004

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. Two decades later, in the 1990's the world of economics was much …

Persistent link: https://www.econbiz.de/10010325260

Global Aging and Economic Convergence: A Real Option or Still a Case of Science Fiction?

van Dalen, Hendrik P. - 2007

How does global aging affect the convergence in global economic development? Both the developing and developed world … Official Development Assistance (ODA) will remain necessary capital flows for the developing world in the near future …

Persistent link: https://www.econbiz.de/10010325303

Microeconomic Evidence of Creative Destruction in Industrial and Developing Countries

Bartelsman, Eric J.; Haltiwanger, John; Scarpetta, Stefano - 2004

In this paper we provide an analysis of the process of creative destruction across 24 countries and 2-digit industries over the past decade. We rely on a newly assembled dataset that draws from different micro data sources (business registers, census, or representative enterprise surveys). The...

Persistent link: https://www.econbiz.de/10010325332

Welfare State and Life Satisfaction: Evidence from Public Health Care

Laamanen, Jani-Petri; Kotakorpi, Kaisa - 2007

We examine the effect of publicly provided health care on welfare by combining local level data on public health care, and individual level data on life satisfaction. It is shown that relatively high expenditures in health care have a positive effect on individuals' life satisfaction in our...

Persistent link: https://www.econbiz.de/10010325493

Religion and Income

Bettendorf, L.; Dijkgraaf, E. - 2008

-country data in this type of research. Data at household level of the European and World Values Survey are pooled for 25 Western … that estimation outcomes are different between low and high-income countries. Whereas church membership is found to have a …

Persistent link: https://www.econbiz.de/10010325656