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The Future of PPPs in the Western Balkans

Author/Editor: Jan Kees Martijn, Yan M Sun, William Lindquist, Yen N Mooi, Ezgi O Ozturk, Hoda Selim, Armine Khachatryan.

Release Date:February, 2023

Public-Private Partnerships (PPPs) are increasingly an important vehicle for several Western Balkan countries to increase investment to reduce their infrastructure gaps. While there are benefits to more...



Price: $20.00
Do Lenders Make Less-Informed Investments in High-Growth Housing Markets?

Author/Editor: Sophia Chen, Lev Ratnovski, Yangfan Sun.

Release Date:May, 2021

Nonlocal mortgage lenders with greater exposure to high-growth housing markets accept fewer loan applications in these markets and experience greater stock return volatility. When these lenders more...



Price: $18.00
How Does Post-Crisis Bank Capital Adequacy Affect Firm Investment?

Author/Editor: Yangfan Sun, Hui Tong.

Release Date:June, 2015

We examine the effect of bank capital levels on firm investment drawing on a sample of11,106 non-financial firms from 2007 to 2013 in 16 advanced economies. We examine twomeasures of bank capital more...



Price: $18.00
Is the Glass Half Empty Or Half Full? : Issues in Managing Water Challenges and Policy Instruments

Author/Editor: Kalpana Kochhar, Catherine A Pattillo, Yan M Sun, Nujin Suphaphiphat, Andrew J Swiston, Robert Tchaidze, Benedict J Clements, Stefania Fabrizio, Valentina Flamini, Laure Redifer, Harald Finger.

Release Date:June, 2015

This paper examines water challenges, a growing global concern with adverse economic and social consequences, and discusses economic policy instruments. Water subsidies provided through public more...



Price: $10.00
Borrower Protection and the Supply of Credit: Evidence from Foreclosure Laws

Author/Editor: Jihad Dagher, Yangfan Sun.

Release Date:November, 2014

Laws governing the foreclosure process can have direct consequences on the costs offoreclosure and could therefore affect lending decisions. We exploit the heterogeneity inthe judicial requirements more...



Price: $18.00
Cross-Country Experience in Reducing Net Foreign Liabilities: Lessons for New Zealand

Author/Editor: Ding Ding, Werner Schule, Yan Sun.

Release Date:April, 2014

This paper studies the dynamics of net foreign liabilities across a number of countries. Our historical analysis suggests that an orderly reduction in a country’s net foreign liabilities has mostly more...



Price: $18.00
Sovereign CDS Spreads in Europe: The Role of Global Risk Aversion, Economic Fundamentals, Liquidity, and Spillovers

Author/Editor: Frigyes F Heinz, Yan Sun.

Release Date:January, 2014

By analysing data from January 2007 to December 2012 in a panel GLS error correction framework we find that European countries’ sovereign CDS spreads are largely driven by global investor more...



Price: $18.00
Cross-Country Linkages in Europe: A Global VAR Analysis

Author/Editor: Yan Sun, Frigyes F Heinz, Giang Ho.

Release Date:September, 2013

This paper uses the Global VAR (GVAR) model proposed by Pesaran et al. (2004) to study cross-country linkages among euro area countries, other advanced European countries (including the Nordics, the more...



Price: $18.00
The Driving Force behind the Boom and Bust in Construction in Europe

Author/Editor: Yan Sun, Pritha Mitra, Alejandro Simone.

Release Date:August, 2013

This paper studies the factors behind pro-cyclical but widely varying construction shares (as a percent of GDP) across countries, with a strong focus on European countries. Using a dataset covering more...



Price: $18.00
Infrastructure and Income Distribution in ASEAN-5: What are the Links?

Author/Editor: Dulani Seneviratne, Yan Sun.

Release Date:February, 2013

Adequate infrastructure has long been viewed as an important factor in economic development. Based on regressions covering 76 advanced and emerging market economies, this paper estimates the impact more...



Price: $18.00
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