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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 ...
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 ...