Showing 1 - 10 of 14
Since the inception of transition Ukraine experienced an economic decline. Using indicators for the progress of … economic reforms in transition countries, it becomes evident that Ukraine belongs to a very small group of eastern European … this implementation together with the evaluation of Ukraine's macroeconomic performance give rise to the question as to …
Persistent link: https://www.econbiz.de/10004963616
This paper investigates the determinants of liability maturity choice in transition markets. We formulate a model of firm value maximization that describes managers' choice of optimal debt structure. The theoretical predictions are tested using a unique panel of 4,300 Ukrainian firms during the...
Persistent link: https://www.econbiz.de/10004963773
Ukraine. Whether this divide was caused by purely ethnic differences or by ethnically segregated reform preferences is unknown …
Persistent link: https://www.econbiz.de/10004963800
The paper studies the persistence of profit and its determinants in emerging markets. We apply Markov chain analysis, dynamic panel GMM estimation, and quantile regression techniques to a panel of approximately 3,000 Ukrainian companies. The empirical results show a moderate level of profit...
Persistent link: https://www.econbiz.de/10004963898
The study analyses the effects of transition on the amount and patterns of alcohol consumption. We test the hypothesis of how far negative experiences induced by the collapse of the Soviet Union have led to drinking in the young generation of Ukrainians. We use data coming from the Ukrainian...
Persistent link: https://www.econbiz.de/10008530633
Our study investigates the link between bank lending behavior and macroeconomic uncertainty. We develop a dynamic model of a bank's value maximization that results in a negative relationship between loan to capital ratio and macroeconomic uncertainty. This proposition is tested using a panel of...
Persistent link: https://www.econbiz.de/10005068643
We examine why firms change their main bank and how this affects loans, interest payments and firm performance after switching. Using unique firm-bank matched Ukrainian data, the treatment effect estimates suggest that more transparent and riskier companies are more likely to switch their main...
Persistent link: https://www.econbiz.de/10005068870
This study is intended to assess the introduction of increased capitalization requirements for Ukrainian insurance firms. To do so, we employ up-to-date frontier efficiency analysis. The analysis suggests that an increase in size occurs not only because of the regulator's requirements, but also...
Persistent link: https://www.econbiz.de/10005068962
The paper analyzes the incidence, the severity and the determinants of household poverty in Ukraine during transition …
Persistent link: https://www.econbiz.de/10005068975
The paper analyzes the incidence, the severity and the determinants of household poverty inUkraine during transition using two comparable surveys from 1996 and 2004. We measurepoverty using income and consumption and contrast the effects of various poverty lines.Poverty in both periods follows...
Persistent link: https://www.econbiz.de/10005071138