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Estimates of the open economy New Keynesian Phillips Curve for euro area countries
Rumler, Fabio - 2005
Persistent link: https://www.econbiz.de/10003077045
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Buying votes and international organizations : the dirty work-hypothesis
Dreher, Axel; Lang, Valentin; Rosendorff, B. Peter; … - 2018
We show how major shareholders can exploit their power over international organizations to hide their foreign-policy interventions from domestic audiences. We argue that major powers exert influence bilaterally when domestic audiences view the intervention favorably. When domestic audiences are...
Persistent link: https://www.econbiz.de/10011927941
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Membership has its privileges : the effect of membership in international organizations on FDI
Dreher, Axel; Mikosch, Heiner; Voigt, Stefan - 2010
We argue that membership in International Organizations (IOs) is an important determinant of FDI inflows. To the extent … that membership restricts a country from pursuing policies that are harmful to investors, it can signal low political risk …. Using data over the 1971-2005 period, we find that membership in IOs does indeed increase inflows of FDI. Controlling for …
Persistent link: https://www.econbiz.de/10008699691
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The costs of favoritism : is politically-driven aid less effective?
Dreher, Axel; Klasen, Stephan; Vreeland, James Raymond; … - 2010
As is now well documented, aid is given for both political as well as economic reasons. The conventional wisdom is that politically-motivated aid is less effective in promoting developmental objectives. We examine the ex-post performance ratings of World Bank projects and generally find that...
Persistent link: https://www.econbiz.de/10003948233
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Does membership on the UN security council influence IMF decisions? : evidence from panel data
Dreher, Axel (contributor); Sturm, Jan-Egbert (contributor);  … - 2006
Persistent link: https://www.econbiz.de/10003377296
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Does membership in international organizations increase governments' credibility? : testing the effects of delegating powers
Dreher, Axel (contributor); Voigt, Stefan (contributor) - 2008
Persistent link: https://www.econbiz.de/10003688912
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A sectoral analysis of price-setting behavior in US manufacturing industries
Leith, Campbell B.; Malley, James R. - 2003
In this paper we develop a multi-sector model of firms pricing behaviour under imperfect competition. We allow for the fact that some goods sold will be for final consumption, while others will be used as intermediate goods in further production. We assume that price setters are constrained by...
Persistent link: https://www.econbiz.de/10011508076
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On the output-inflation relationship when price and quantity adjustments are costly
Danziger, Leif; Kreiner, Claus Thustrup - 2000
A vast literature analyzes the real effects of price-adjustment costs assuming that quantity adjustments are costless. In this paper, we analyze whether the presence of quantity-adjustments costs, which presumably are significant, change the traditional results on the impact of inflation. In...
Persistent link: https://www.econbiz.de/10009781569
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Strategic inattention, inflation dynamics, and the non-neutrality of money
Afrouzi, Hassan - 2020
How does competition affect information acquisition of firms and thus the response of inflation and output to monetary policy shocks? This paper addresses these questions in a new dynamic general equilibrium model with both dynamic rational inattention and oligopolistic competition. In the...
Persistent link: https://www.econbiz.de/10012200269
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Nonlinearity of the inflation-output trade-off and time-varying price rigidity
López-Villavicencio, Antonia; Mignon, Valérie - 2013
Persistent link: https://www.econbiz.de/10009789410