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The Nature of Unemployment in Urban Ethiopia

Serneels, Pieter - EconWPA - 2004

With around 50% of the urban men between age 15 and 30 unemployed, Ethiopia has one of the highest unemployment rates worldwide. This paper describes the nature of unemployment among young men in urban Ethiopia. We analyse the determinants of incidence and duration and find that most variables...

Persistent link: https://www.econbiz.de/10005556068

Maternal Employment and Adolescent Risky Behavior

Aughinbaugh, Alison; Gittleman, Maury - EconWPA - 2003

This paper examines the impact of maternal employment during a child’s first three years and during adolescence on his or her decisions to engage in a range of risky behaviors: smoking cigarettes, drinking alcohol, using marijuana and other drugs, engaging in sex and committing crimes. Using...

Persistent link: https://www.econbiz.de/10005125822

Financial Crises and the Presence of Foreign Banks

Tschoegl, Adrian E. - EconWPA - 2004

The paper distinguishes between the classic or traditional foreign banks with their emphasis on corporate and wholesale banking, and the innovators responding to transition, deregulation or crisis in emerging markets. The innovators come in three varieties—bettors, prospectors and...

Persistent link: https://www.econbiz.de/10005556647

The Need for Pension Reform

Thakur, Subhash; Cerra, Valerie - EconWPA - 2005

Persistent link: https://www.econbiz.de/10005408402

More on Bernanke's “Bad News Principle”

Maoz, Yishay D. - EconWPA - 2005

The role that Bernanke’s Bad News Principle plays in the modern theory of investment under uncertainty is analyzed. The analysis shows that the actual investment dilemma is that by delaying investment firms trade off a higher present value of earnings for a lower present value of the...

Persistent link: https://www.econbiz.de/10005556573

Competition Policy for Natural Monopolies in a Developing Market Economy

Ordover, Janusz; Pittman, Russell; Clyde, Paul - EconWPA - 2001

Not all industries in post-socialist countries are appropriate targets for demonopolization and deregulation: as in the West, some "natural monopoly" sectors will require continued regulation to protect consumers from monopoly abuses. This paper focuses on three aspects of the design of...

Persistent link: https://www.econbiz.de/10005561393

Deregulation, Restructuring and Changing R&D Paradigms in the US Electric Utility Industry

Sanyal, Paroma; Cohen, Linda R. - EconWPA - 2005

of selection and intensity. The primary findings are: First, greater deregulation and competition has a positive effect … competition and level and policies for stranded cost recovery do affect spending. Second, the response of R&D to financial and … effective retail competition may mitigate the problem of declining electricity R&D by the utilities. …

Persistent link: https://www.econbiz.de/10005561429

Entry & Exit: The Lifecyle of a Hedge Fund

Gimbel, Thomas; Gupta, Francis; Pines, Dan - EconWPA - 2004

Using data from the TASS/Tremont hedge fund database, this article performs an empirical analysis of the evolution of the hedge fund industry within an industrial organization framework.

Persistent link: https://www.econbiz.de/10005561436

Some Critical Provisions in the Antimonopoly Laws of Central and Eastern Europe

Pittman, Russell - EconWPA - 2001

Antimonopoly laws must contain effective provisions for the attack of exclusionary behavior by firms with market power while at the same time not attacking procompetitive behavior by entrants or incumbents. This paper suggests seven textual criteria by which a new law may be evaluated in its...

Persistent link: https://www.econbiz.de/10005561465

Open Source vs. Proprietary Software: Competition and Compatibility

Meng, Zhaoli; Lee, Sang-Yong Tom - EconWPA - 2005

e use a Hotelling linear city model to study competition between open source and proprietary software, where only the …

Persistent link: https://www.econbiz.de/10005561486