The political economy of multilateral lending to european regions

HIGHLIGHTS

• who: Zareh Asatryan from the ZEW Mannheim, Mannheim, Germany University of Mannheim, Mannheim, Germany have published the paper: The political economy of multilateral lending to European regions, in the Journal: (JOURNAL)
• what: The authors Z. Asatryan and A. Havlik Using difference-in-differences and distributed lag models, the authors provide evidence supporting the hypothesis that lending is more likely to flow to the home regions of Directors compared to other regions upon appointment at the Board. While sending money to their pre-EIB regions can be a mix of the information and favoritism channels, the . . .
  

   

  

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