Showing 1 - 10 of 153
The Paper studies the determinants of labour force participation by East German women after unification. To isolate the role of preferences on labour force participation from individual characteristics, we develop a panel data model that simultaneously explains participation, employment and...
Persistent link: https://www.econbiz.de/10005124026
The paper discusses the strong output decline in the countries of Central and Eastern Europe. It starts from the puzzling observation that the former CSFR, Hungary and Poland experienced a relatively similar decline in output in spite of completely different stabilization and transformation...
Persistent link: https://www.econbiz.de/10005123537
We present a model of bank passivity and regulatory failure. Banks with low equity positions have more incentives to be passive in liquidating bad loans. We show that they tend to hide distress from regulatory authorities and are ready to offer a higher rate of interest in order to attract...
Persistent link: https://www.econbiz.de/10005123959
(ICT). But why have the same technologies not similarly increased Europe's labour productivity? This paper provides a … improvement in the ICT can yield significant increases in labour productivity if - and only if - the organization is drastically …
Persistent link: https://www.econbiz.de/10005124167
This paper surveys the extensive literature on European economic growth since 1950. It presents an overview of comparative growth performance together with benchmarked growth accounting estimates. The growth experience is considered in terms of three periods, the Golden Age of 1950-73, the...
Persistent link: https://www.econbiz.de/10005124329
the US productivity revival and in the evolving US-EU productivity gap. In Israel, the ICT sector grew very rapidly during … the success of the ICT sector. The main goal of this paper is to shed light on these twin developments. We use newly … constructed data on industry-level ICT investments between 1990 and 2003 and estimate production functions for manufacturing …
Persistent link: https://www.econbiz.de/10005124405
member states from 1998 to 2007. We find that (a) the marginal impact of ICT capital is higher when it is complemented with …
Persistent link: https://www.econbiz.de/10011084334
We investigate whether information sharing among banks has affected credit market performance in the transition countries of Eastern Europe and the former Soviet Union, using a large sample of firm-level data. Our estimates show that information sharing is associated with improved availability...
Persistent link: https://www.econbiz.de/10005136657
In this paper we investigate whether banks that borrow from other banks have lower risk levels. We concentrate on a large sample of Central and Eastern European banks which allows us to explore the impact of interbank lending when exposures are long-term and interbank borrowers are small banks....
Persistent link: https://www.econbiz.de/10005504249
Several regulatory authorities worldwide have recently imposed forward contract obligations on electricity producers as … bidding in electricity markets, or in any other auction-based market. For this purpose, we introduce forward contracts in a …
Persistent link: https://www.econbiz.de/10005136602