Intermediationsschwäche des Bankensystems und Finanzkrise in Südkorea
Ralf Müller
Externe Publikationen,
1998
Abstract
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Integration of Regional Development Considerations in Transport and Communications Policies Especially in Peripheral Areas
Ulrich Blum
European Conference of Ministers of Transport,
1994
Abstract
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Fast Convergence: Institutions and Economic Growth in New East Germany
Ulrich Blum, Leonard Dudley
Jahrbuch für Wirtschaftswissenschaften,
Nr. 2,
1998
Abstract
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Factors accounting for the enactment of a competition law – an empirical analysis
Franz Kronthaler, Johannes Stephan
Einzelveröffentlichungen,
Nr. 6,
2005
Abstract
The paper is concerned with the factors that account for decisions to enact a national competition law. In a first step, the paper updates and enlarges the existing data bases of countries that have enacted a competition law. The paper then identifies and discusses possible factors that influence the decision to enact a competition law. In a third step, the method of panel-data logit analysis is employed to test a set of hypothesis pertaining to the factors across the time dimension and across countries. The results of this analysis are interpreted in terms of significance and in terms of the sign of their influence on the probability of a country to enact. Given generality of the analysis, the results can shed light on the probability of individual countries, and in particular developing countries, to actually take the step of enactment.
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Factors Accounting for the Enactment of a Competition Law - an Empirical Analysis
Franz Kronthaler, Johannes Stephan
Antitrust Bulletin,
Nr. 52,
2007
Abstract
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Externe Effekte von öffentlichen Unternehmen: Die Geschäftstätigkeit der kommunalen Sparkassen.
Martin Wengler
Externe Publikationen,
2002
Abstract
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Export Oriented Development and Income Creation in Hungary
Johannes Stephan, Jens Hölscher
On Political Economy of Transition: Country Studies,
1997
Abstract
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Institutionen, Wettbewerb und Strukturwandel in der EWWU: Implikationen für die Integrationsgewinne
Vera Dietrich
Externe Publikationen,
1998
Abstract
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Does Transparency of Central Banks produce Multiple Equilibria on Currency Markets?
Axel Lindner
Scandinavian Journal of Economics,
Nr. 1,
2006
Abstract
A recent strand of literature shows that multiple equilibria in models of markets for pegged currencies vanish if there is slightly diverse information among traders; see Morris and Shin (2001). It is known that this approach works only if the common knowledge in the market is not too precise. This has led to the conclusion that central banks should try to avoid making their information common knowledge. We develop a model in which more transparency of the central bank implies better private information, because each trader utilises public information according to her own private information. Thus, transparency makes multiple equilibria less likely.
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Forced to Freedom? Empirical Relations between Aid and Economic Freedom
Tobias Knedlik, Franz Kronthaler
IWH Discussion Papers,
Nr. 8,
2006
Abstract
The paper explores the relationships between economic freedom on the one side and development aid and IMF credit as approximation for conditional aid on the other side. After a short review of current literature on the issue of economic development, economic freedom, aid, and IMF credit, the paper develops a simple panel regression model to evaluate the relationship between “economic freedom” as dependent variable and “aid” and “IMF credit” as independent variables. The estimation is based upon data taken from the World Bank’s World Development Indicators and the Heritage Index of Economic Freedom. In contrast to previous research, our results allow the rejection of the hypothesis that IMF credit increases economic freedom and that aid is not contributing to economic freedom. The estimation results suggest that, firstly, aid is positively correlated with economic freedom, and secondly, that IMF credit is negatively correlated with economic freedom. Taking IMF credit as proxy for conditional aid, we conclude that for the period of observation it could not be shown that countries can be forced to economic freedom by aid conditions.
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