Zobrazeno 1 - 10
of 37
pro vyhledávání: '"David Hauner"'
Autor:
Ari Aisen, David Hauner
Publikováno v:
Applied Economics. 45:2501-2510
We extend the literature on budget deficits and interest rates in three ways: we examine both advanced and emerging economies and for the first time a large emerging market panel; explore interactions to explain some of the heterogeneity in the liter
Publikováno v:
Applied Economics Letters. 19:1667-1671
We examine the effect of inequality on crime in Russia's 88 regional entities from 2000 to 2005. Using dynamic Generalized Method of Moments (GMM) estimation techniques, we consider both violent (murder and robberies) and nonviolent crime (thefts, ec
Autor:
Manmohan S. Kumar, David Hauner
Publikováno v:
Applied Economics. 43:1463-1475
This article revisits whether budget deficits affect interest rates, and broadens the literature by examining whether financial globalization has changed this relationship. A structural model of interest determination is extended to account for the f
Publikováno v:
Oxford Bulletin of Economics and Statistics. 72:411-427
This article examines whether rating agencies and investors perceive the sovereign risk of the new member states (NMS) of the European Union (EU) as different from that of other emerging markets. The results suggest the NMS have enjoyed favourable tr
Publikováno v:
BASE-Bielefeld Academic Search Engine
There has been a considerable literature regarding the incentives of policymakers as a prime reason for persistent fiscal deficits and a variety of fiscal rules have been proposed as a remedy. However, the often inadequate flexibility of rules and th
Autor:
David Hauner
Publikováno v:
Journal of Development Economics. 88:171-183
We examine the role of public debt in financial development. The literature has highlighted its supportive role through providing collateral and benchmark. We contrast this “safe asset” view to a “lazy banks” view: developing banking sectors
Autor:
Manmohan S. Kumar, David Hauner
Publikováno v:
Contemporary Economic Policy. 27:86-96
I. INTRODUCTION The global financial integration of emerging markets has further accelerated over the past decade, as underlined by marked increases in the size of capital flows to many of these countries and the magnitude of their external asset and
Autor:
David Hauner, Shanaka J Peiris
Publikováno v:
Applied Economics. 40:2703-2720
There is a concern that the state dominated, inefficient and fragile banking systems in many low-income countries, especially Sub-Saharan Africa, are a major hindrance to economic growth. In this context, this article systematically analyses the impa
Autor:
David Hauner
Publikováno v:
World Development. 36:1745-1765
Summary Using the case of Russia’s regions, this paper extends the literature on public sector efficiency in three directions: an attempt to better understand differences in public sector efficiency through the study of subnational governments in o
Autor:
David Hauner
Publikováno v:
Journal of Banking & Finance. 32:1499-1507
The impact of credit to government on three aspects of banking sector performance – its deepening over time, profitability, and efficiency – is examined for 142 countries. Country regressions suggest a sizeable negative effect of credit to govern