Long term appointment of central bankers: Costs and benefits
Axel Lindner
European Journal of Political Economy,
No. 4,
2000
Abstract
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Is Merger Control too Lax in Transition Countries? An Assessment of the apparently passive behaviour of Antimonopoly and Competition Offices towards enterprise concentration in transition countries
Jens Hölscher, L. Somogyi, Johannes Stephan, A. Török
ACE Phare Project No: P97-8020-R,
2001
Abstract
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Basisarchitektur verhandlungsfähiger Agenten
H. Czap, Makram El-Shagi
Proceedings des 3. Kolloquiums des DFG-Schwerpunktprogramms: „Intelligente Softwareagenten und betriebswirtschaftliche Anwendungsszenarien“,,
2001
Abstract
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Analysing UDROP: An instrument for stabilizing the international financial architecture
Axel Lindner
International Finance,
No. 1,
2001
Abstract
This paper analyses implications of a proposal, called UDROP, to reform the standards of international debt contracts. The idea is to give borrowers a roll-over option at maturity for a specified length of time. Using recently developed models of financial crises, the paper shows for which type of crisis UDROP is beneficial. Moral hazard of the borrower is one of the problems UDROP faces which can be addressed by appropriately designing the debt contract.
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Das deutsche Innovationssystem seit der Reichsgründung. Indikatoren einer nationalen Wissenschafts- und Technikgeschichte in unterschiedlichen Regierungs- und Gebietstrukturen
Hariolf Grupp, Iciar Dominguez Lacasa, Monika Friedrich-Nishio
,
2002
Abstract
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Structural Vector Autoregressive Models and Monetary Policy Analysis
Oliver Holtemöller
SFB 373 Discussion Paper 7/2002,
2002
Abstract
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Vogelgrippe beflügelt - Dezentrale operative oder zentrale strategische Bereitstellung von Gegenmaßnahmen?
Katja Drechsel, D. Sonntag
WiSt - Wirtschaftswissenschaftliches Studium,
No. 8,
2006
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Where enterprises lead, people follow? Links between migration and FDI in Germany
Claudia M. Buch, J. Kleinert, Farid Toubal
European Economic Review,
No. 8,
2006
Abstract
Standard neoclassical models of economic integration are based on the assumptions that capital and labor are substitutes and that the geography of factor market integration does not matter. Yet, these two assumptions are violated if agglomeration forces among factors from specific source countries are at work. Agglomeration implies that factors behave as complements and that the country of origin matters. This paper analyzes agglomeration between capital and labor empirically. We use state-level German data to answer the question whether and how migration and foreign direct investment (FDI) are linked. Stocks of inward FDI and of immigrants have similar determinants, and the geography of factor market integration matters. There are higher stocks of inward FDI in German states hosting a large foreign population from the same country of origin. This agglomeration effect is confined to higher-income source countries.
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