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Does membership in international organizations increase governments' credibility?: testing the effects of delegating powers
Dreher, Axel; Voigt, Stefan - 2008
international organizations. Credibility is an important asset because it determines the real interest rate and is expected to have … an important impact on investment and growth. It is hypothesized that the degree of delegation to international … for international delegation. On the basis of panel data for up to 136 countries and the time period from 1984 to 2004 …
Persistent link: https://www.econbiz.de/10010264350
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Corruption, seigniorage and growth: theory and evidence
Blackburn, Keith; Neanidis, Kyriakos C.; Haque, M. Emranul - 2008
This paper presents an analysis of the effect of bureaucratic corruption on economic growth through a public finance transmission channel. At the theoretical level, we develop a simple dynamic general equilibrium model in which financial intermediaries make portfolio decisions on behalf of...
Persistent link: https://www.econbiz.de/10010264401
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The (economic) effects of lay participation in courts: a cross-country analysis
Voigt, Stefan - 2008
Legal philosophers like Montesquieu, Hegel and Tocqueville have argued that lay participation in judicial decision-making would have benefits reaching far beyond the realm of the legal system narrowly understood. From an economic point of view, lay participation in judicial decision-making can...
Persistent link: https://www.econbiz.de/10010264411
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The global joint distribution of income and health
Wu, Ximing; Savvides, Andreas; Stengos, Thanasis - 2008
We investigate the evolution of global welfare in two dimensions: income per capita and life expectancy. First, we estimate the marginal distributions of income and life expectancy separately. More importantly, in contrast to previous univariate approaches, we consider income and life expectancy...
Persistent link: https://www.econbiz.de/10010264413
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On international equity weights and national decision making on climate change
Anthoff, David; Tol, Richard S. J. - 2008
Estimates of the marginal damage costs of carbon dioxide emissions require the aggregation of monetised impacts of climate change over people with different incomes and in different jurisdictions. Implicitly or explicitly, such estimates assume a social welfare function and hence a particular...
Persistent link: https://www.econbiz.de/10010264417
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Economic growth and subjective well-being: reassessing the Easterlin paradox
Stevenson, Betsey; Wolfers, Justin - 2008
The Easterlin paradox" suggests that there is no link between a society's economic development and its average level of happiness. We re-assess this paradox analyzing multiple rich datasets spanning many decades. Using recent data on a broader array of countries, we establish a clear positive...
Persistent link: https://www.econbiz.de/10010264434
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The marginal product of capital: a persistent international puzzle
Chirinko, Robert S.; Mallick, Debdulal - 2008
in measurement, the international MPK puzzle persists. We show that the measurement of MPKs in their framework is … eliminate the MPK differential remains a persistent international puzzle. We examine the quantitative importance of financial …
Persistent link: https://www.econbiz.de/10010264438
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International energy technology transfers for climate change mitigation: what, who, how, why, when, where, how much and the implications for international institutional architectu...
Brewer, Thomas L. - 2008
The goal of the paper is to expand and refine the international technology transfer negotiating and analytic agendas … international transfers of energy technologies that can be used to mitigate climate change. Among the questions on that agenda are …, why, when, where. These aspects of international technology transfer vary significantly among three existing institutional …
Persistent link: https://www.econbiz.de/10010264445
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Do rankings reflect research quality?
Frey, Bruno S.; Rost, Katja - 2008
Publication and citation rankings have become major indicators of the scientific worth of universities and countries, and determine to a large extent the career of individual scholars. We argue that such rankings do not effectively measure research quality, which should be the essence of...
Persistent link: https://www.econbiz.de/10010264471
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Financial contagion: evolutionary optimisation of a multinational agent-based model
Caporale, Guglielmo Maria; Serguieva, Antoaneta; Wu, Hao - 2008
world. Unstable cross-market linkages during a crisis are referred to as financial contagion. We simulate crisis … to destabilise cross-market linkages. In the real world, such information would be extremely valuable in developing …
Persistent link: https://www.econbiz.de/10010264472