Showing 1 - 10 of 16
This paper examines the link between inequality and individual well-being using household survey data from 27 … transition economies, where income inequality increased considerably since 1989. A test of inequality aversion in individual … preferences that draws on the Fehr and Schmidt (1999) specification of inequality aversion is proposed, and the difficulties of …
Persistent link: https://www.econbiz.de/10010931327
This paper examines the effects of reforms and religion on happiness in transition economies. Earlier literature suggests that religiosity insures happiness against various individual stressful life events. This phenomenon is well-explored in developed countries but rarely studied in...
Persistent link: https://www.econbiz.de/10010931330
We use two data sets to study how country and firm characteristics affected firms’ financial constraints and their likelihood of survival during the early phase of the recent global financial crisis in Eastern Europe and Central Asia (ECA), a region that was especially hard hit. The first data...
Persistent link: https://www.econbiz.de/10010599401
Using a survey of new firms in Poland, Romania, and Slovakia, I explore how an entrepreneur’s social networks affect the amount paid in bribes to government officials. Lower levels of bribe payments are associated with ownership by a former manager of a state-owned enterprise (SOE), with being...
Persistent link: https://www.econbiz.de/10010662551
This paper provides a theoretical framework that can explain the empirical observation that foreign banks from industrialized countries tend to increase their involvement in emerging markets in periods of market instability. In this model, domestic banks have (through past lending operations)...
Persistent link: https://www.econbiz.de/10010575680
Relatively little attention has been given to documenting the evolution of the skill premium (defined as the ratio of the wages of skilled to unskilled workers) in the economies of Central and Eastern Europe, most likely due to the lack of readily available data. In this article, we first...
Persistent link: https://www.econbiz.de/10011052849
This paper presents a comparative study of the importance of direct technology transfer and spillovers through FDI on a set of 10 transition countries, using a common methodology and appropriate methods to account for selection and simultaneity correction. This paper considers by far the largest...
Persistent link: https://www.econbiz.de/10011052859
This paper examines the interactions between fiscal and monetary policy for some former transition, emerging European economies over the 1995Q1–2010Q4 period by using a Markov regime-switching model. We consider the monetary policy rule proposed by Taylor (1993) and the fiscal policy rule...
Persistent link: https://www.econbiz.de/10011077645
We use rich firm-level data and national input–output tables from 17 countries over the 2002–2005 period to test new and existing hypotheses about the impact of foreign direct investment (FDI) on the efficiency of domestic firms in the host country (i.e., spillovers). We document that...
Persistent link: https://www.econbiz.de/10011077653
Persistent link: https://www.econbiz.de/10014326683