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We empirically assess the influence of globalization on social institutions that govern female subjugation and gender equality in developing countries. Observing the progress of globalization for almost one hundred developing countries at ten year intervals starting in 1970, we find that...
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This paper focuses on risk premiums paid by central governments in Europe and sub-national governments in Germany, Spain, and Canada, using data for bond yield spreads for the period 1991-2005. We find that risk premiums by central governments respond positively to debt and deficits; German...
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This article looks at US$ and DM/Euro-denominated government bond spreads relative to US and German benchmark bonds before and after the start of the current financial crisis. The study finds, first, that bond yield spreads during the crisis can largely be explained on the basis of the same...
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