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Epstein, Gil S.; Gang, Ira N. - Institute for the Study of Labor (IZA) - 2008

We model the aid allocation decision where the donor government has announced that good governance is the criterion for receiving aid. Potential recipients must compete for the aid funds. The structure of the competition is important to the donor in terms of achieving good governance, and to the...

Persistent link: https://www.econbiz.de/10005566444

The costs of favoritism: is politically-driven aid less effective?

Dreher, Axel; Klasen, Stephan; Vreeland, James Raymond; … - 2010

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/10010269460

North-South Technology Diffusion, Regional Integration, and the Dynamics of the ?Natural Trading Partners? Hypothesis

Schiff, Maurice; Wang, Yanling - 2004

Based on static analysis, a number of studies argue that forming a RTA is more likely to raise welfare if member countries are ?natural trading partners,? while other studies claim the opposite. This paper considers the argument from a dynamic viewpoint by examining the impact of trade with...

Persistent link: https://www.econbiz.de/10010262129

Remittances, financial development, and growth

Giuliano, Paola; Ruiz-Arranz, Marta - 2006

Despite the increasing importance of remittances in total international capital flows, the relationship between remittances and growth has not been adequately studied. This paper studies one of the links between remittances and growth, in particular how local financial sector development...

Persistent link: https://www.econbiz.de/10010267976

Global aging and fiscal policy with international labor mobility: a political economy perspective

Tosun, Mehmet Serkan - 2009

This paper uses an overlapping generations model with international labor mobility and a politically responsive fiscal policy to examine aging in developed and developing regions. Migrant workers change the political structure composed of young and elderly voters in both labor-receiving and...

Persistent link: https://www.econbiz.de/10010269040

Institutions and Development : The Interaction between Trade Regime and Political System

Falkinger, Josef; Grossmann, Volker - 2004

This paper argues that openness to goods trade in combination with an unequal distribution of political power has been a major determinant of the comparatively slow development of resource- or land-abundant regions like South America and the Caribbean in the nineteenth century. We develop a...

Persistent link: https://www.econbiz.de/10010273741

Employment Adjustment in Portugal: Evidence from Aggregate and Firm Data

Addison, John T.; Teixeira, Paulino - 2001

This paper examines the pattern of employment adjustment in Portugal. First, the issue is addressed using a long time series of aggregate data. Although the employment data show persistence, there is nonetheless a fairly rapid rate of employment adjustment. Second, a much shorter time series of...

Persistent link: https://www.econbiz.de/10010262595

Modelling heterogeneity and dynamics in the volatility of individual wages

Hospido, Laura - 2010

This paper presents a model for the heterogeneity and dynamics of the conditional mean and the conditional variance of standardized individual wages. In particular, a heteroskedastic autoregressive model with multiple individual fixed effects is proposed. The expression for a modified likelihood...

Persistent link: https://www.econbiz.de/10010269628

Capital Accumulation and Growth : A New Look at the Empirical Evidence

Schiantarelli, Fabio; Leblebicioglu, Asli; Bond, Steve - 2004

We present evidence that an increase in investment as a share of GDP predicts a higher growth rate of output per worker, not only temporarily, but also in the steady state. These results are found using pooled annual data for a large panel of countries, using pooled data for non-overlapping...

Persistent link: https://www.econbiz.de/10010261921

The Relationship between Income Inequality, Poverty and Globalisation

Heshmati, Almas - 2004

This paper introduces two composite indices of globalisation. The first is based on the Kearney/Foreign Policy magazine and the second is obtained from principal component analysis. They indicate the level of globalisation and show how globalisation has developed over time for different...

Persistent link: https://www.econbiz.de/10010262026