Similar Search Results

Optimal Threshold Taxation : An Empirical Investigation for Developing Economies

Menescal, Lucas; Alves, José - 2022

In this empirical study we assess both linear and nonlinear relationship between total taxation and several tax items with real per capita GDP growth rates for 43 developing countries between 1990 and 2019. We use panel data techniques to evaluate the effects of taxation on economic growth for...

Persistent link: https://www.econbiz.de/10014082240

Liberalization and Stock Market Co-Movement between Emerging Economies

Beine, Michel; Candelon, Bertrand - 2021

reforms which aim at opening these countries to trade and financial channels to the rest of the world. The estimation of time …

Persistent link: https://www.econbiz.de/10013316796

Stigma or Cushion? IMF Programs and Sovereign Creditworthiness

Gehring, Kai - 2018

IMF programs are often considered to carry a “stigma” that triggers adverse market reactions. We show that such a negative IMF effect disappears when accounting for endogenous selection into programs. To proxy for a country's access to financial markets, we use credit ratings and investor...

Persistent link: https://www.econbiz.de/10012920590

International Value-Added Linkages in Development Accounting

Cuñat, Alejandro - 2018

We generalise the traditional development-accounting framework to an open-economy setting. In addition to factor endowments and productivity, relative factor costs emerge as a source of real-income variation across countries. These are shaped by bilateral trade determinants (which underpin the...

Persistent link: https://www.econbiz.de/10012908693

Political Risk and Real Exchange Rate : What Can We Learn from Recent Developments in Panel Data Econometrics for Emerging and Developing Countries?

Bahmani‐Oskooee, Mohsen - 2019

Cross- Sectionally Augmented ARDL approach of Chudik and Pesaran (2015b), and the panel threshold estimation of Chudik et al …

Persistent link: https://www.econbiz.de/10012892145

On the Preferred Creditor Status of Multilateral Development Banks

Amegashie, J. Atsu - 2023

The loans of the IMF, World Bank, and other multilateral development banks (MDBs) are excluded from debt restructuring …

Persistent link: https://www.econbiz.de/10014347019

Economic Policy Uncertainty : Persistence and Cross-Country Linkages

Aikins Abakah, Emmanuel Joel - 2020

This paper provides new evidence on the stochastic behaviour of the EPU (Economic Policy Uncertainty (EPU) index constructed by Baker et al. (2016) in six of the biggest economies (Canada, France, Japan, US, Ireland, and Sweden) over the period from January 1985 to October 2019. In particular,...

Persistent link: https://www.econbiz.de/10012833734

Diasporas and Economic Development : A Review of the Evidence and Policy

Bahar, Dany - 2020

The paper reviews recent literature on the economics of migration and diasporas, focusing on economic gains and opportunities that these diasporas could represent for home countries. In addition, the paper discusses policies aimed at leveraging this "diaspora capital"

Persistent link: https://www.econbiz.de/10012841140

Different No More : Country Spreads in Advanced and Emerging Economies

Born, Benjamin - 2020

Interest-rate spreads fluctuate widely across time and countries. We characterize their behavior using some 3,200 quarterly observations for 21 advanced and 17 emerging economies since the early 1990s. Before the financial crisis, spreads are 10 times more volatile in emerging economies than in...

Persistent link: https://www.econbiz.de/10012841745

Remittances, banking status and the usage of insurance schemes

Crayen, Dorothee; Hainz, Christa; Ströh de Martínez, … - 2010

can be used to self-insure, substituting for both formal and informal insurance. We investigate this question using a … remittances, which supports the idea that remittances act as (self-) insurance. We also show that purchasing formal funeral cover … is influenced by other risk management strategies and that determinants of informal insurance differ from those of formal …

Persistent link: https://www.econbiz.de/10010270469