Matthias Lutz
Former Member
Thumbnail Image
Title
PD Dr.
Last Name
Lutz
First name
Matthias

Filters

25
Reset filters

Settings
Now showing 1 - 10 of 25
No Thumbnail Available
Publication

Aid, governance, and private foreign investment: some puzzling findings for the 1990s

2006-07-27 , Harms, Philipp , Lutz, Matthias

Does official aid pave the road for private foreign investment or does it suffocate private initiative by diverting resources towards unproductive activities? We explore this question using panel data covering a large number of developing and emerging economies during the 1990s. Controlling for countries' institutional environment, we find that, evaluated at the mean, the marginal effect of aid on private foreign investment is close to zero. Surprisingly, however, the effect is strictly positive for countries in which private agents face a substantial regulatory burden. This result is robust across a wide range of specifications, samples and estimation methods.

View
No Thumbnail Available
Publication

A General Test of the Prebisch-Singer Hypothesis

1999-02-01 , Lutz, Matthias

View
No Thumbnail Available
Publication

The Effect of Volatility in the Terms of Trade on Output Growth: New Evidence

1994-12-01 , Lutz, Matthias

View
No Thumbnail Available
Publication

Makroökonomik flexibler und fester Wechselkurse

2004 , Gärtner, Manfred , Lutz, Matthias

View
No Thumbnail Available
Publication

Pricing in segmented markets, arbitrage barriers and the law of one price : Evidence from the European Car Market

2004-08-01 , Lutz, Matthias

The paper uses micro-level price data from the European car market to examine why there are deviations from the law of one price. The absolute law of one price is strongly rejected, but there is convergence to its relative version. Two sets of explanations are considered: (i) price-setting in segmented markets, and (ii) arbitrage barriers. Overall, the determinants of arbitrage costs have more explanatory power. The single most important factor is the distance between markets. Evidence for Belgium and Luxembourg suggests that a single currency lowers price differences significantly.

View
No Thumbnail Available
Publication

Commodity terms of trade and individual countries' net barter terms of trade: Is there an empirical relationship?

1999-09-01 , Lutz, Matthias

View
No Thumbnail Available
Publication

The Link between Increased Trade Openness and the Terms of Trade: An Empirical Investigation

1994-11-01 , Lutz, Matthias , Singer, Sir Hans

View
No Thumbnail Available
Publication

EU Commission versus Volkswagen: New evidence on price defferentiation in the European car market

2000-11-01 , Lutz, Matthias

This paper is motivated by the large fine the EuropeanCommission imposed on Volkswagen in January 1998 forobstructing sales to foreigners. The first partdiscusses the competitive framework in which the carsector operates, especially the exclusive dealershipsystem. This is followed by a detailed examination ofthe degree of price-differentiation across nationalmarkets by 24 major manufacturers. The evidencereveals VW and Audi not to be special cases. Thisfinding implies that the Commission should reconsiderits own block exemption if it wants to establisha more competitive car market along the principles ofthe Common Market.

View
No Thumbnail Available
Publication

Unit roots versus segmented trends in developing countries' output series

1999-03-01 , Lutz, Matthias

View
No Thumbnail Available
Publication

Makroökonomik fester und flexibler Wechselkurse

2009 , Gärtner, Manfred , Lutz, Matthias

View