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The Effect of Privatization and Competitive Pressure on Firms' Price-Cost Margins: Micro Evidence from Emerging Economies
Konings, Jozef; Van Cayseele, Patrick; Warzynski, Frederic - C.E.P.R. Discussion Papers - 2003
estimate market power (i.e. price-cost margins) and to analyse how these are affected by privatization and increased …
Persistent link: https://www.econbiz.de/10005667013
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Macroeconomic Policies in the OECD and LDC External Adjustment
McKibbin, Warwick; Sachs, Jeffrey - C.E.P.R. Discussion Papers - 1985
In this paper, the authors describe a simulation model for analyzing the effects of macroeconomic policies in the OECD on global macroeconomic equilibrium. Particular attention is paid to the effects on developing countries of alternative mixes of monetary and fiscal policies in the OECD. Though...
Persistent link: https://www.econbiz.de/10005281352
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National Insolvency: A Test of the US Intertemporal Budget Constraint
Uctum, Merih; Wickens, Michael R. - C.E.P.R. Discussion Papers - 1990
If a nation fails to satisfy its intertemporal budget constraint (IBC) then, like a government or a household, either it will become insolvent or it can consume more of its income. The main purpose of this paper is to establish necessary and sufficient conditions for a nation to satisfy its IBC,...
Persistent link: https://www.econbiz.de/10005666888
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Measuring Aspects of Fiscal and Financial Policy
Buiter, Willem H. - C.E.P.R. Discussion Papers - 1984
value of future planned public sector capital formation, privatization or nationalization programmes. From the "stock" PVBC …
Persistent link: https://www.econbiz.de/10005789062
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Financing Budget Deficits by Seigniorage and Implicit Taxation: The Cases of Spain and Portugal
Repullo, Rafael - C.E.P.R. Discussion Papers - 1991
This paper evaluates the contribution of seigniorage and implicit taxation of financial intermediation to the financing of the budget deficits in Spain and Portugal during the 1980s. The paper starts with a simple partial equilibrium model of the banking sector, which is used to derive two sets...
Persistent link: https://www.econbiz.de/10005791722
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Job Reallocation and Productivity Growth Under Alternative Economic Systems and Policies: Evidence from the Soviet Transition
Brown, J David; Earle, John S - C.E.P.R. Discussion Papers - 2003
reforming Russia than in ‘gradualist’ Ukraine, as did the estimated effects of privatization and competitive pressures from … Soviet Republics of Russia and Ukraine. Exploiting annual manufacturing census data from 1985 to 2000, we find that Soviet …
Persistent link: https://www.econbiz.de/10005123720
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Regional Unemployment and Human Capital in Transition Economies
Jurajda, Stepan; Terrell, Katherine - C.E.P.R. Discussion Papers - 2007
Differences in regional unemployment in post-communist economies are large and persistent. We show that inherited variation in human-capital endowment across the regions of four such economies explains the bulk of regional unemployment variation there and we explore potential explanations for...
Persistent link: https://www.econbiz.de/10005136518
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Gross Job Flows in Ukraine: Size, Ownership and Trade Effects
Konings, Jozef; Kupets, Olga; Lehmann, Hartmut - C.E.P.R. Discussion Papers - 2003
This Paper documents and analyses gross job flows and their determinants in Ukraine using a unique dataset of more than … 2200 Ukrainian firms operating in both the manufacturing and the non-manufacturing sector for the years 1998-2000. There … connection with other evidence we infer from this that Ukraine is only at the beginning of the restructuring process. The most …
Persistent link: https://www.econbiz.de/10005136570
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The Russian-Ukrainian Political Divide
Constant, Amelie; Kahanec, Martin; Zimmermann, Klaus F - C.E.P.R. Discussion Papers - 2007
Ukraine. Whether this divide was caused by purely ethnic differences or by ethnically segregated reform preferences is unknown …
Persistent link: https://www.econbiz.de/10005662374
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Public Sector Pay and Corruption: Measuring Bribery from Micro Data
Gorodnichenko, Yuriy; Sabirianova Peter, Klara - C.E.P.R. Discussion Papers - 2006
employees. In the case of Ukraine, we find that public sector employees receive 24-32% less wages than their private sector … and find that the lower bound estimate of the extent of bribery in Ukraine is between 460m and 580m U.S. dollars (0 ….9-1.2% of Ukraine’s GDP in 2003). …
Persistent link: https://www.econbiz.de/10005791634