Showing 1 - 10 of 337
this paper, we attempt via four case studies-Spain, China, Colombia, and Nigeria-to illustrate that the improvements in tax …
Persistent link: https://www.econbiz.de/10011716283
the middle and late 1970s and by Colombia almost a decade later in the late 1980s and early 1990s. These reforms have …
Persistent link: https://www.econbiz.de/10014395870
This paper examines the role financial markets play in the relationship between foreign direct investment (FDI) and economic development. We model an economy with a continuum of agents indexed by their level of ability. Agents can either work for the foreign company or undertake entrepreneurial...
Persistent link: https://www.econbiz.de/10014401275
This paper proposes a theory to explain why a politician delegates policy tasks to a technocrat in an independent institution. It formalizes the rationales for delegation highlighted by Hamilton (1788) and by Blinder (1998). Delegation trades-off the cost of having a possibly incompetent...
Persistent link: https://www.econbiz.de/10014400341
multilayer network framework is applied to link debt and equity exposures across countries. Use of this approach-that examines … of financial contagion.The structure of the global financial network has changed since the global financial crisis … and contagion remain similar in that network is highly susceptible to shocks from central countries and those with large …
Persistent link: https://www.econbiz.de/10011852664
Anecdotal evidence suggests the existence of specific choke points in the global trade network revealed especially … basket and to propose effective mitigation policies. First, using network analysis tools we develop a methodology for …
Persistent link: https://www.econbiz.de/10011716572
This paper proposes a network model of multilaterally equilibrium exchange rates. The model introduces a topological … currencies. The paper defines the currency demand indicator. On its base, it derives a multilateral exchange rate network, finds …
Persistent link: https://www.econbiz.de/10011711598
Persistent link: https://www.econbiz.de/10010441772
to a quasi-natural experiment induced by a trade reform in Colombia, we find that firms that have been more exposed to a …
Persistent link: https://www.econbiz.de/10012251365
sectors of Colombia and Mexico. The findings show that investment patterns in these countries resemble those reported for the …
Persistent link: https://www.econbiz.de/10014401051