Showing 1 - 10 of 12,024
In this paper, we study development in a panel of 87 countries from 1970 to 2005. We focus on characterizing … as measured by GDP to that measured by the Human Development Index (HDI). We do so within a novel dynamic panel modelling … institutional quality. -- human development ; institutions ; dynamic panel modelling …
Persistent link: https://www.econbiz.de/10009011991
In this paper, we study development in a panel of 87 countries from 1970 to 2005. We focus on characterizing … as measured by GDP to that measured by the Human Development Index (HDI). We do so within a novel dynamic panel modelling …
Persistent link: https://www.econbiz.de/10013316035
This research study examines the mediating role of cash holdings between the economic policy uncertainty (EPU) and corporate leverage relationship. Using stepwise regression analysis and annual firm-level data of 2,534 U.S. firms listed at NYSE over 1995-2018, we provide novel evidence that cash...
Persistent link: https://www.econbiz.de/10014500896
It is well known that shadow economy has many impacts on the economy and distorts competition. It is also known that shadow economy is hard to restrict without some repercussions regarding unemployment creation, investment distortions, economic growth, income distribution worsening, stock prices...
Persistent link: https://www.econbiz.de/10012928846
policy are investigated using panel data analysis. The result suggests that though foreign direct investment (FDI …
Persistent link: https://www.econbiz.de/10012259732
This paper investigates whether and how economic policy uncertainty affects corporate debt maturity. Using a cross-country firm-level dataset for France, Germany, Spain, and Italy from 1996 to 2010, we find that an increase in economic policy uncertainty is significantly associated with a...
Persistent link: https://www.econbiz.de/10012210022
This paper investigates whether and how economic policy uncertainty affects corporate debt maturity. Using a large firm-level dataset for four European countries, we find that an increase in economic policy uncertainty is significantly associated with a shortened debt maturity. Moreover, the...
Persistent link: https://www.econbiz.de/10012814383
Building on new behavioral and institutional theories, using a data set of about 450 variables and augmenting the Sala-i-Martin definition of robustness, we find evidence in support of the hypothesis that the standard causes of the shadow economy (SE), taxes, the administrative burden and labor...
Persistent link: https://www.econbiz.de/10014193358
This paper describes the empirical evidence on partisan politics in OECD panel studies. I elaborate on the research …. Discussing about 100 panel data studies, the results indicate that leftwing and rightwing governments pursued different economic …
Persistent link: https://www.econbiz.de/10011515448
This paper investigates the major drivers of governmental redistribution. We retest the Meltzer-Richard hypothesis and account for a plethora of political, institutional, and cultural forces that influence the scope of redistribution. Extended and harmonized data on effective redistribution...
Persistent link: https://www.econbiz.de/10011292307