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Some committees convene behind closed doors while others publicly discuss issues and make their decisions. This paper studies the role of open and closed committee decision making in presence of external influence. We show that restricting the information of interest groups may reduce the bias...
Persistent link: https://www.econbiz.de/10009635893
Foreign direct investment (FDI) inflows to the Baltic countries were driven by different factors. Initially the process … of privatisation and low labour costs attracted investment into public utilities and manufacturing. Later, taking … the new millennium, the bulk of foreign investment was channelled to financial services. In line with FDI literature, the …
Persistent link: https://www.econbiz.de/10009641058
A number of authors have attemted to test whether the U.S. economy is in a determinate or an indeterminate equilibrium. We argue that to answer this question, one must be impose a priori restrictions on lag length that cannot be tested. We provide examples of two economic models. Model 1...
Persistent link: https://www.econbiz.de/10009635896
and hunger by 2015, as well as reaching universal primary education, reducing under-5 and maternal mortality by two thirds …
Persistent link: https://www.econbiz.de/10011998850
This paper uses a factor-augmented vector autoregressive model (FAVAR) estimated on U.S. data in order to analyze monetary transmission via private sector balance sheets, credit risk spreads and asset markets in an integrated setup and to explore the role of monetary policy in the three...
Persistent link: https://www.econbiz.de/10009640363
capital investment? As a strategy to detect human capital externalities I use Dutch survey data to estimate the impact of the …
Persistent link: https://www.econbiz.de/10009640175
This paper introduces the concepts of time-specific weak and strong cross section dependence. A double-indexed process is said to be cross sectionally weakly dependent at a given point in time, t, if its weighted average along the cross section dimension (N) converges to its expectation in...
Persistent link: https://www.econbiz.de/10009640487
confidence and fuel foreign and domestic investment in Turkish industry to take advantage of labour and transportation costs. It …
Persistent link: https://www.econbiz.de/10009636635
Persistent link: https://www.econbiz.de/10009636695
Dieser Text bietet einen historischen und gegenwärtigen Überblick über die EU-Erweiterung.
Persistent link: https://www.econbiz.de/10009636696