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Sustainability of the Slovenian Pension System: An Analysis with an Overlapping-generations General Equilibrium Model

Verbic, Miroslav; Majcen, Boris; Nieuwkoop, Renger van - EconWPA - 2005

The article presents an analysis of welfare effects in Slovenia, an analysis of macroeconomic effects of the Slovenian …

Persistent link: https://www.econbiz.de/10005125636

Wage and Income Inequality in Slovenia, 1993-2002

Stanovnik, Tine; Verbic, Miroslav - EconWPA - 2005

This paper analyses the dynamics of wage and income inequality in Slovenia from 1993 to 2002, using two different data …

Persistent link: https://www.econbiz.de/10005125991

A Quarterly Econometric Model of the Slovenian Economy

Verbic, Miroslav - EconWPA - 2005

The article represents a construction of a quarterly econometric model of the Slovenian economy and an analysis of fundamental relationships of the Slovenian economy. For this purpose we formed a system of identities, consistent with the national accounts, and of stochastic equations, consistent...

Persistent link: https://www.econbiz.de/10005556377

Perception of Income Satisfaction: An Analysis of Slovenian Households

Stanovnik, Tine; Verbic, Miroslav - EconWPA - 2004

Three comparable cross-section household datasets, relating to 1988, 1993 and 1997-1999 are used to analyse income satisfaction in Slovenian households. The ordered probit model is used to estimate the effects of ‘objective’ variables, such as actual disposable household income and household...

Persistent link: https://www.econbiz.de/10005561525

Marx and the Mechanism of Functioning of a Socialist Economy

Kyn, Oldrich - EconWPA - 2005

This paper was presented at the Belgrade conference for one hundred years anniversary of 'Das Kapital'. Marx himself said very little about the concrete organization of a socialist economy. His general remarks about socialism were 'elaborated' by his followers by inference from Marx's criticism...

Persistent link: https://www.econbiz.de/10005126081

Optimal Central Planning in 'Competitive Solution'

Kyn, Oldrich; Rychetnik, Ludek - EconWPA - 2005

This essay originated from the discussions of the role of central plan in an economic system with a functioning market mechanism. Such discussions emerged because of the implementation of the 'New Economic System'in Czechoslovakia. Under the old system, the role of the plan was considered clear...

Persistent link: https://www.econbiz.de/10005407668

ECONOMIC SYSTEMS

Kyn, Oldrich - EconWPA - 2005

This short paper was presented in the discussion at the CESES conference about 'the Prices in Eastern Europe' in Florence, Italy, 1966. Its purpose was to formulate briefly but as precisely as possible the differences between Pure Market Economy, Command Economy, Lange-Lerner model of Market...

Persistent link: https://www.econbiz.de/10005118692

Relationship between Income and Emergence of Democracy Reexamined, 1820-2000: A non-parametric approach

Milanovic, Branko - EconWPA - 2005

The paper contrasts Lipset’s modernization hypothesis and Przeworski- Limongi hypothesis that entries into democracy … are random with respect to income. We use data on income and democracy going back to 1820, multiple definitions of … democracy, and non-parametric testing focusing on the distribution of entrants’ incomes. We find that income matters for entry …

Persistent link: https://www.econbiz.de/10005076629

Context Matters – Rethinking the Resource Curse in Sub-Saharan Africa

Basedau, Matthias - EconWPA - 2005

Natural resources in sub-Saharan Africa suffer from a bad reputation. Oil and diamonds, particularly, have been blamed for a number of Africa’s illnesses such as poverty, corruption, dictatorship and war. This paper outlines the different areas and transmission channels of how this so-called...

Persistent link: https://www.econbiz.de/10005125845

Does Rapid Liberalization Increase Corruption?

Tavares, Samia - EconWPA - 2005

Corruption scandals seem to abound in countries that have recently undergone reform. Despite the proliferation of stories in the news media, no one has examined whether reform—be it democratization or economic liberalization or both—actually causes an increase in corruption. Theory provides...

Persistent link: https://www.econbiz.de/10005125949