Showing 1 - 10 of 72
privatization on airport charges in a panel data setting where fixed effects can be employed to mitigate endogeneity concerns. Our …
Persistent link: https://www.econbiz.de/10009351519
This paper offers a unique quantitative evaluation of the distribution of the welfare of a water privatization … intermediate suppliers and investors have also clearly benefited during the short privatization duration. However the paper also …
Persistent link: https://www.econbiz.de/10009399719
examines the impact of the privatization of kibbutzim on fertility behavior among members. We find that fertility declined by 6 …-15 percent following the shift to privatization. In light of the massive change in financial costs associated with childbearing … due to privatization, our results suggest that financial considerations may be a more modest factor in fertility decisions …
Persistent link: https://www.econbiz.de/10009367434
how deregulation affects corporate structure. In the benchmark case where the government maximizes privatization proceeds …
Persistent link: https://www.econbiz.de/10005123598
The transition in East Germany has been characterized by an extremely rapid privatization of state-owned enterprises …-unification level. This paper argues that the government imposed an inconsistent policy toward employment on the privatization agency …, the Treuhand. Although required to take account of the shadow price of labour in the privatization negotiations (where …
Persistent link: https://www.econbiz.de/10005123788
This paper begins from the twin observation that on the one hand, privatization which leaves control in the hands of … restructuring even in the absence of a clear prospect of privatization. It situates enterprise restructuring at the heart of the …
Persistent link: https://www.econbiz.de/10005123917
We discuss the relative merits of public and private ownership. Our starting point is the analysis of Hart, Schleifer and Vishny (HSV), who apply an incomplete contract framework to study the difference between private and public ownership. Our analysis departs from HSV’s model in two aspects....
Persistent link: https://www.econbiz.de/10005124030
This paper looks at the behaviour of large industrial firms in Poland in 1988–94. Using a longitudinal enterprise … privatized firms there is no positive relationship between firms’ ability to pay and wage increases. Privatization appears …
Persistent link: https://www.econbiz.de/10005124207
-country technologies. We then apply our estimates to study various privatization scenarios concerning the adoption of Western technology … privatize at all, than to have full (big-bang) privatization. Large-scale privatization is also less desirable if Western … privatization, rather than hasten it. …
Persistent link: https://www.econbiz.de/10005124216
This paper advances the hypothesis that the EMS crisis was caused by German unification. Unification stimulated massive resource demand, which paralleled resource demand in the United States following Reagan’s tax reforms in the 1980s. The resource demand revised German interest rates relative...
Persistent link: https://www.econbiz.de/10005124239