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Central Bank Boards Around the World : Why Does Membership Size Differ?

Berger, Helge - 2013

This paper analyzes empirically differences in the size of central bank boards across countries. Defining a board as the body that changes monetary instruments to achieve a specified target, we discuss the possible determinants of a board's size. The empirical relevance of these factors is...

Persistent link: https://www.econbiz.de/10012754018

Borders and Distance in Knowledge Spillovers : Dying over Time or Dying with Age? - Evidence from Patent Citations

Li, Yao Amber - 2012

in knowledge spillovers. Drawing on the NBER Patent Citations Database, we examine patent citations data at metropolitan … of cited patent, which implies that new knowledge faces the largest barriers to diffusion. However, over time, border and … sources of overestimated aggregate border effects of knowledge spillovers. While self-citations are only 11% of total …

Persistent link: https://www.econbiz.de/10013117109

The Economics of a Multilateral Investment Agreement

Che, Jiahua - 2012

This paper models a multilateral agreement on investment (MAI) as a coordination device. Multinational enterprises can invest in any number of countries. Without a multilateral investment agreement, expropriation triggers an investment stop by the single MNE. Under a multilateral agreement,...

Persistent link: https://www.econbiz.de/10012754890

Cross-Country Income Differences and Technology Diffusion in a Competitive World

Irmen, Andreas - 2012

This paper develops a new open-economy endogenous growth model where technology diffusion allows for a stable and non-degenerate world income distribution. In accordance with the empirical literature, I find that country characteristics such as the social infrastructure, the degree of openness,...

Persistent link: https://www.econbiz.de/10012754962

Tax-Response Heterogeneity and the Effects of Double Taxation Treaties on the Location Choices of Multinational Firms

Behrendt, Simon - 2018

This paper examines location choices of multinational enterprises (MNEs). We particularly focus on the consequences of double taxation treaties (DTTs) and corporate profit taxes on the probability to choose a location. DTTs have become a key policy instrument used by countries to regulate...

Persistent link: https://www.econbiz.de/10012924353

Multimarket Linkages, Cartel Discipline and Trade Costs

Agnosteva, Delina - 2018

We build a model of tacit collusion between firms that operate in multiple markets to study the effects of trade costs. A key feature of the model is that cartel discipline is endogenous. Thus, markets that appear segmented are strategically linked via the incentive compatibility constraint....

Persistent link: https://www.econbiz.de/10012926563

Structural Reforms, Growth and Inequality : An Overview of Theory, Measurement and Evidence

Campos, Nauro F. - 2018

This paper provides a critical overview of the state of the art in the economics literature on structural reforms. It takes stock of theoretical developments, measurement efforts and of the econometric evidence. We start with a simple theoretical framework for the relationship between structural...

Persistent link: https://www.econbiz.de/10012927189

Modeling Fluctuations in the Global Demand for Commodities

Kilian, Lutz - 2018

It is widely understood that the real price of globally traded commodities is determined by the forces of demand and supply. One of the main determinants of the real price of commodities is shifts in the demand for commodities associated with unexpected fluctuations in global real economic...

Persistent link: https://www.econbiz.de/10012930077

Shedding Light on the Spatial Diffusion of Disasters

Felbermayr, Gabriel J. - 2018

Climate research suggests that global warming will lead to more frequent and more extreme natural disasters. Most disasters are local events with effects on local economic growth. Hence, assessing their economic impacts with the help of econometric country-level analysis may lead to biased...

Persistent link: https://www.econbiz.de/10012912423

Forecasting Imports with Information from Abroad

Grimme, Christian - 2018

Globalization has led to huge increases in import volumes, but the literature on import forecasting is still in its infancy. We introduce the first leading indicator especially constructed for total import growth, the so-called Import Climate. It builds on the idea that the import demand of the...

Persistent link: https://www.econbiz.de/10012914684

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