Showing 1 - 10 of 151
China’s economic reforms have resulted in spectacular growth and poverty reduction. However, China’s institutions look … ill-suited to achieve such a result, and they indeed suffer from serious shortcomings. To solve "China puzzle" this paper … analyses China’s institution - a regionally decentralized authoritarian system. The central government has control over …
Persistent link: https://www.econbiz.de/10008468688
Our paper is an attempt to define the contours of the right macroeconomic strategy for China. In a nutshell, we believe …
Persistent link: https://www.econbiz.de/10005114183
We explore the impact of mentoring of females and gender segregation on wages using a large longitudinal data set for …
Persistent link: https://www.econbiz.de/10005666556
This paper analyses the transmission of productivity shocks across countries and how the responses of investment and the current account differ depending on the degree of propagation of the shocks. We explore both issues by estimating a structural model for Japan, the United States and Europe....
Persistent link: https://www.econbiz.de/10005123648
This paper is a first attempt to analyse the determinants of inter-firm R&D agreements between advanced and developing countries, i.e. between firms with asymmetric endowments of knowledge. It shows that international dispersion of R&D activity by multinationals also concerns developing...
Persistent link: https://www.econbiz.de/10005124163
This paper investigates the effects of introducing household production in an international real business cycle model. We show how a model driven by disturbances to the household production can account for some features of international cycles. A version of the model which considers shocks to...
Persistent link: https://www.econbiz.de/10005504316
This paper proposes classical business cycle turning points for a number of countries based on industrial production. The countries selected are the G7 together with most major European countries. This information enables us to examine the international nature of cyclical movements. In...
Persistent link: https://www.econbiz.de/10005662258
We build a general equilibrium macroeconomic model of a transitional economy to reflect five stylized facts. Among these are that central planning has left a legacy of highly concentrated industry and a residue of price controls and rationing. An `almost Classical' dichotomy obtains in the...
Persistent link: https://www.econbiz.de/10005067476
Several studies stressed that contrary to initial expectations, state-owned firms at the beginning of transition undertook painful measures to adjust to the new economic environment. This Paper investigates this behaviour in a simple game, a theoretic framework. It is argued that the massive...
Persistent link: https://www.econbiz.de/10005666684
the average female avoids competitive behaviour more than the average male. This suggests that observed gender differences … might reflect social learning rather than inherent gender traits. …
Persistent link: https://www.econbiz.de/10005082535