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Feige, Edgar L. - EconWPA - 2004

This paper examines the role of money in market and centrally planned economies. It then proposes a program and sequence of institutional, macroeconomic and monetary reform aimed at achieving a stable transition. An egalitarian redistribution of the state's custodial assets to its citizens is...

Persistent link: https://www.econbiz.de/10005407703

THE ECONOMIC SYSTEM AS AN END OR AS A MEANS AND THE FUTURE OF SOCIALISM AND CAPITALISM: AN EVOLUTIONARY VIEWPOINT

Chilosi, Alberto - EconWPA - 2003

After the demise of “real” socialism and the decline of “western” socialism, socialism can be salvaged as a social preference system oriented towards equality and social justice, to be implemented without systemic constraints in the organizational and institutional sense. At the same...

Persistent link: https://www.econbiz.de/10005407732

Micro and Macro Determinants of Public Support for Market Reforms in Eastern Europe

Hayo, Bernd - EconWPA - 2000

This paper looks at public support for the creation of a market economy in Eastern Europe. As a data base, the Central and Eastern Eurobarometers surveys are employed, covering up to 21 countries over a time period of 1990-96 and totalling more than 100000 observations on individuals. The...

Persistent link: https://www.econbiz.de/10005118684

The Transition to a Market Economy in Russia: Property Rights, Mass Privatization and Stabilization

Feige, Edgar L. - EconWPA - 2003

The Soviet Union and the nations of Eastern Europe are undergoing a historically unprecedented restructuring as they move inexorably from centrally planned economies toward market economies. This historic transition must be guided by a coherent set of stabilization policies to reduce the threat...

Persistent link: https://www.econbiz.de/10005118685

PERESTROIKA AND SOCIALIST PRIVATIZATION: WHAT IS TO BE DONE? AND HOW?

Feige, Edgar L. - EconWPA - 2003

This paper examines the question of whether a communist nation, characterized by state ownership of the means of production and a centrally planned command system of allocation can be transformed into an efficient market oriented economy without fully compromising the socialist ideals of an...

Persistent link: https://www.econbiz.de/10005118763

Overtakable capitalist growth paths

Julius, A. J. - EconWPA - 2005

with a counterfactual in which decentralized innovation decisions are governed by noncapitalist property relations, I claim …

Persistent link: https://www.econbiz.de/10005126203

Universities as Research Partners

Hall, Bronwyn H.; Link, Albert N.; Scott, John T. - EconWPA - 2001

Universities are a key institution in the US innovation system and an important aspect of their involvement is the role …

Persistent link: https://www.econbiz.de/10005118846

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

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

This paper studies the impact of electricity deregulation and restructuring on research and development (R&D) expenditures of investor owned utilities. The differing pace of deregulation in the fifty states provides heterogeneity in institutional structure and competitive forces, and showcases...

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

A Model of Primary and Secondary Waves in Investment Cycles

Fioretti, Guido - EconWPA - 2002

. Uniting Schumpeter's concern for innovation with Keynes' concern for uncertainty and expectations formation, this article … focuses on the behaviour of entrepreneurs confronting uncertainty caused by innovation. Entrepreneurs' behaviour is … opened up by a successful innovation generates a state of optimism in the minds of single entrepreneurs, which eventually …

Persistent link: https://www.econbiz.de/10005077089

Innovation and Market Value

Hall, Bronwyn H. - EconWPA - 1999

This paper surveys recent findings about how the financial markets value the knowledge assets of publicly traded firms. The motivation for using market value equation to price knowledge assets is discusssed and the theory behind this equation is briefly presented. Then the empirical literature...

Persistent link: https://www.econbiz.de/10005413048

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