Haku
Viitteet 1-10 / 14
Erosion of state power, corruption control, and political stability
(25.02.2020)
BOFIT Discussion Papers 5/2020
BOFIT Discussion Papers 5/2020
How do corruption and the state apparatus interact, and how are they connected to the political and economic dimensions of state capacity? Motivated by historians' analysis of powerful empires, we build a model that ...
The political scar of epidemics
(27.06.2020)
BOFIT Discussion Papers 14/2020
BOFIT Discussion Papers 14/2020
What will be political legacy of the Coronavirus pandemic? We find that epidemic exposure in an individual’s “impressionable years” (ages 18 to 25) has a persistent negative effect on confidence in political institutions ...
Political cycles and bank lending in Russia
(25.03.2020)
BOFIT Discussion Papers 8/2020
BOFIT Discussion Papers 8/2020
State-owned banks tend to increase lending before elections for the purpose of boosting the reelection odds of incumbent politicians. We employ monthly data on individual banks to study whether Russian banks increased their ...
Growing up under Mao and Deng : On the ideological determinants of corporate policies
(27.08.2020)
BOFIT Discussion Papers 20/2020
BOFIT Discussion Papers 20/2020
Economic activities have always been organized around certain ideologies, yet little is known about how ideology shapes corporate behavior and how it is different from other political forces. We investigate the impact of ...
How do individual politicians affect privatization? Evidence from China
(01.09.2020)
BOFIT Discussion Papers 21/2020
BOFIT Discussion Papers 21/2020
This paper investigates how politicians’ patronage connections affect privatizations in China. The connections to top political leaders (i.e., Central Committee of the Communist Party of China) make local politicians engage ...
Politically motivated intergovernmental transfers in Russia : The case of the 2018 FIFA World Cup
(29.01.2021)
BOFIT Discussion Papers 2/2021
BOFIT Discussion Papers 2/2021
This paper studies the distribution of politically motivated intergovernmental transfers in Russia focusing on the case of the 2018 FIFA World Cup. It investigates what factors have accounted for the selection of the 2018 ...
The failure of Chinese peer-to-peer lending platforms : Finance and politics
(15.12.2020)
BOFIT Discussion Papers 27/2020
BOFIT Discussion Papers 27/2020
We investigate the influence of financial and political factors on peer-to-peer (P2P) platform failures in China’s online lending market. Using a competing risk model for platform survival, we show that large platforms, ...
Who profits from windfalls in oil tax revenue? Inequality, protests, and the role of corruption
(25.01.2022)
BOFIT Discussion Papers 2/2022
BOFIT Discussion Papers 2/2022
We investigate the relationship between oil windfalls and income inequality using the subnational data of one of the resource-richest and most unequal countries in the world – Russia. While previous literature produced ...
Elections hinder firms’ access to credit
(09.02.2022)
BOFIT Discussion Papers 3/2022
BOFIT Discussion Papers 3/2022
To analyze whether the occurrence of elections affects access to credit for firms, we perform an investigation using firm-level data covering 44 developed and developing countries. The results show that elections impair ...
Financial policymaking after crises : Public vs. private interests
(06.07.2021)
BOFIT Discussion Papers 10/2021
BOFIT Discussion Papers 10/2021
We first present a simple model of post-crisis policymaking driven by both public and private interests. Using a novel dataset covering 94 countries between 1973 and 2015, we then establish that financial crises can lead ...