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Anthropometric Dividends of Czechoslovakia's Break Up

Costa-i-Font, Joan; Kossarova, Lucia - CESifo - 2014

Processes of transition to democracy and country break up stand out as ideal experiments to estimate the impact of wide … psycho-social environments, which improve with democracy. We analyzed a unique dataset containing individual heights in the … Czech Republic and Slovakia to measure the retrospective well-being effects of the two transitions to liberal democracy and …

Persistent link: https://www.econbiz.de/10011148854

Socio-Political Conflict and Economic Performance in Bolivia

Evia, Jose-Luis; Laserna, Roberto; Skaperdas, Stergios - CESifo - 2008

We examine how socio-political conflict in Bolivia has affected its economic performance since the 1970s. Such conflict includes strikes, demonstrations, road blockades, and conventional rent-seeking. Since conflict has costs, it diverts resources away from production, tends to reduce investment...

Persistent link: https://www.econbiz.de/10005405932

How Strong is the Case for Dollarization in Costa Rica? A Note on the Business Cycle Comovements with the United States

Lindenberg, Nannette; Westermann, Frank - CESifo - 2009

We evaluate the proposal for official dollarization in Costa Rica by applying a new approach to measure the business cycle comovements with the United States. While the literature often focuses on the correlation of shocks, we point out that the response of each country to the shocks is also an...

Persistent link: https://www.econbiz.de/10008583698

The Business Environment in the Transition

Carlin, Wendy; Schaffer, Mark - CESifo - 2012

Following the collapse of planning, new small and medium-sized firms rapidly emerged in all transition economies. Using … formerly planned economies with those in economies outside transition, we document not only the challenges faced by transition … firms but also the effects of the planning legacy. …

Persistent link: https://www.econbiz.de/10010877887

Reform, Uncertainty and Spillovers - A Gravity Model Approach

Fidrmuc, Jan; Karaja, Elira; Tichit, Ariane - CESifo - 2012

Reforms often occur in waves, seemingly cascading from country to country. We argue that such reform waves may be driven by informational spillovers: uncertainty about the outcome of reform is reduced by learning from the experience of similar countries. We motivate this hypothesis with a simple...

Persistent link: https://www.econbiz.de/10009651184

How I Learned to Stop Worrying and Love the Crisis

Fidrmuc, Jan; Tichit, Ariane - CESifo - 2012

We investigate the effects of economic crises on the subsequent economic performance, economic reform, democratization and institutional change. Our analysis is based on a sample of post-communist countries, most of which experienced severe economic crises during the 1990s. We find that the...

Persistent link: https://www.econbiz.de/10009645638

Real Convergence, Price Level Convergence and Inflation Differentials in Europe

Egert, Balázs - CESifo - 2007

economic convergence may push up inflation rates in transition economies. Cyclical effects and regulated prices are found to be … exchange rate plays a prominent (but declining) role in transition economies. …

Persistent link: https://www.econbiz.de/10005765781

Neutral Taxation of Shareholder Income? Corporate Responses to an Announced Dividend Tax

Alstadsæter, Annette; Fjaerli, Erik - CESifo - 2009

The introduction of the 2006 Norwegian shareholder income tax was announced in advance, and it increased top marginal tax rates on individual dividend income from zero to 28 percent. We document strong timing effects on dividend payout on a large panel of non-listed corporations, with a surge of...

Persistent link: https://www.econbiz.de/10005765924

The Assignment of Powers in an Open-ended European Union

Salmon, Pierre - CESifo - 2003

A major characteristic of the European Union is its transitional or evolving nature, in particular with regard to the assignment of powers between the two main levels of government. More precisely, under current constitutional arrangements, this evolving nature takes the form of an integration...

Persistent link: https://www.econbiz.de/10005766218

Monetary Transmission Mechanism in Transition Economies: Surveying the Surveyable

Egert, Balazs; MacDonald, Ronald - CESifo - 2006

This paper surveys recent advances in the monetary transmission mechanism (MTM). In particular, while laying out the functioning of the separate channels in the MTM, special attention is paid to exploring possible interrelations between different channels through which they may amplify or...

Persistent link: https://www.econbiz.de/10005094342