Showing 300,391 - 300,400 of 304,606
Reichen die auf dem G-20-Gipfel beschlossenen Maßnahmen aus, die Finanzmärkte zu regulieren und die Wahrscheinlichkeit zukünftiger Krisen zu senken? Für Rolf J. Langhammer, Institut für Weltwirtschaft, Kiel, dienten die Beschlüsse des G-20-Gipfels der Krisenüberwindung und dem Versuch,...
Persistent link: https://www.econbiz.de/10010332928
We compare the duration and performance of different monetary regimes, especially the contrast between countries those that fix exchange rates and those that target inflation. Inflation targeting is a more durable policy; no country has yet been forced to abandon an inflation target, while many...
Persistent link: https://www.econbiz.de/10010332961
World Bank projects and generally find that projects that are potentially politically motivated - such as those granted to … governments holding a non-permanent seat on the United Nations Security Council or an Executive Directorship at the World Bank … Council members with higher short-term debt, however, a negative quality rating is more likely. So we find evidence that World …
Persistent link: https://www.econbiz.de/10010332994
Die zunehmende Verflechtung von Staat, Wirtschaft und Zivilgesellschaft stellt die Ordnungspolitik vor ein Dilemma: Die Kluft zwischen dem eigenen Steuerungsanspruch und der faktischen Steuerungsfähigkeit wird immer größer. Wie ist diese Entwicklung zu bewerten? In welchem Rahmen kann der...
Persistent link: https://www.econbiz.de/10010332997
Der HWWA-Rohstoffpreisindex hat sich in diesem Jahr kräftig erhöht. Industrierohstoffe verteuerten sich allerdings hauptsächlich zu Beginn des Jahres, ab dem zweiten Quartal stagnierten sie. Die Preise für Rohöl, die bis Ende September auf den höchsten Stand seit 16 Monaten geklettert...
Persistent link: https://www.econbiz.de/10010333002
International institutions increasingly affect each other's development, maintenance and effectiveness. Research so far has merely focused on the issue of effectiveness and broader consequences. The paper argues firstly that theoretical progress could be promoted by integrating variables...
Persistent link: https://www.econbiz.de/10010333020
This paper investigates the factors explaining exchange market pressures (EMP) and the hoarding and use of international reserves (IR) by emerging markets during the 2000s, as the Great Moderation turned to the 2008-9 global crisis and great recession. According to our results, both financial...
Persistent link: https://www.econbiz.de/10010333066
International financial linkages, particularly through global bank flows, generate important questions about the consequences for economic and financial stability, including the ability of countries to conduct autonomous monetary policy. I address the monetary autonomy issue in the context of...
Persistent link: https://www.econbiz.de/10010333575
When a sovereign faces the risk of debt default, it may be tempted to expropriate the private sector. This may be one reason why international investment in private companies has to take into account the sovereign risk. But the likelihood of sovereign risk transferring to corporates and...
Persistent link: https://www.econbiz.de/10010333592
We use a unique hand collected data set of 6,258 auctions from the online football manager game Hattrick to study determinants and effects of reserve prices. We find that chosen reserve prices exhibit both very sophisticated and suboptimal behavior by the sellers. On the one hand, reserve prices...
Persistent link: https://www.econbiz.de/10010333824