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The political globalisation trilemma revisited : An empirical assessment across countries and over time
(11.08.2020)
BOFIT Discussion Papers 19/2020
BOFIT Discussion Papers 19/2020
The political hyperglobalisation trilemma asserts that a government cannot simultaneously opt for deep international integration, national sovereignty and democratic politics, but rather is constrained to choosing two of ...
Modeling semiconductor export restrictions and the US-China trade conflict
(23.11.2022)
BOFIT Discussion Papers 13/2022
BOFIT Discussion Papers 13/2022
The semiconductor industry stands at the center of the intensifying Sino-American trade conflict. Employing a multi-country, multi-sector general equilibrium modeling framework with imperfect competition and heterogeneous ...
Revealed in transition : The political effect of planning’s legacy
(07.11.2022)
BOFIT Discussion Papers 12/2022
BOFIT Discussion Papers 12/2022
Decades of investment decisions by central planners left communist societies with structures of production ill-prepared for competitive markets. Their vulnerability to liberalization, however, varied across space. Similar ...
The macroeconomic effects of global supply chain disruptions
(29.12.2022)
BOFIT Discussion Papers 14/2022
BOFIT Discussion Papers 14/2022
Highly interconnected global supply chains make countries vulnerable to sup ply chain disruptions. This paper estimates the macroeconomic effects of global
supply chain shocks for the euro area. Our empirical model combines ...
Rallying around the EU flag : Russia’s invasion of Ukraine and attitudes toward European integration
(24.10.2022)
BOFIT Discussion Papers 9/2022
BOFIT Discussion Papers 9/2022
This paper uses a survey among students at European universities to explore whether Russia’s invasion of Ukraine has affected attitudes toward European integration. Some respondents completed the survey just before Russia’s ...
State-business relations and access to external financing
(25.10.2022)
BOFIT Discussion Papers 10/2022
BOFIT Discussion Papers 10/2022
Firms' contractual relations with a state may give lenders a positive signal and facilitate access to debt. This paper studies the impact of public procurement contracts on firms' access to debt using an extensive survey ...