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Are Oligarchs Productive? Theory and Evidence
Gorodnichenko, Yuriy; Grygorenko, Yegor - EconWPA - 2005
, politically and economically strong conglomerates in transition and developing countries. The model predicts that oligarchs are …
Persistent link: https://www.econbiz.de/10005407700
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Banken, instituties en zachte budgetbeperkingen tijdens de transitie
Haas, Ralph de - EconWPA - 2002
De juridische bescherming van banken en aandeelhouders beïnvloedt de omvang en kwaliteit van het financiële systeem en daarmee de economische groei. Gebrekkige (juridische) instituties in transitie-economieën kunnen de economische ontwikkeling van deze landen dan ook afremmen. Zo dragen...
Persistent link: https://www.econbiz.de/10005413152
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The Dynamic Beveridge Curve
Fujita, Shigeru; Ramey, Garey - EconWPA - 2005
In aggregate U.S. data, exogenous shocks to labor productivity induce highly persistent and hump-shaped responses to both the vacancy- unemployment ratio and employment. We show that the standard version of the Mortensen-Pissarides matching model fails to replicate this dynamic pattern due to...
Persistent link: https://www.econbiz.de/10005561342
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Collusion and Commitment in Bank Bailout
ZHANG, Yanhua - EconWPA - 2005
Collusion and soft budget constraint are two conspicuous phenomena in transition economies¡¯ banking system. Literature …
Persistent link: https://www.econbiz.de/10005134539
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The Macroeconomics of Massive Giveaways
Gouret, Fabian - EconWPA - 2004
In a framework similar to the models of expectation on economic policy, we purpose a model where the government subsidizes firms privatized by massive giveaways to the managers who are empire- builders. The government injects funds because its aim is to avoid a drastic fall of output when a...
Persistent link: https://www.econbiz.de/10005556046
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Trust in Transition: Cross-country and Firm Evidence
Raiser, Martin; Rousso, Alan; Steves, Franklin - EconWPA - 2004
This paper uses data from a large survey of firms across 26 transition countries to examine the determinants of trust … in the transition process. We first introduce a new measure of trust between firms: the level of prepayment demanded by …
Persistent link: https://www.econbiz.de/10005118924
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The political economy of reforms: Empirical evidence from post- communist transition in the 1990s
Kim, Byung-Yeon; Pirttilä, Jukka - EconWPA - 2003
Using a novel data set from post-communist countries in the 1990s, this paper examines linkages between political constraints, economic reforms and growth. A dynamic panel analysis suggests public support for reform is negatively associated with income inequality and unemployment. Both the ex...
Persistent link: https://www.econbiz.de/10005561205
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On Democratization and Economic Conditions in Eastern Europe
Hayo, Bernd - EconWPA - 2001
transition countries should take into account that there appear to be important spill-overs from people's economic experience to …
Persistent link: https://www.econbiz.de/10005556101
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Job search behavior of unemployed in Russia
Smirnova, Natalia V. - EconWPA - 2004
This paper explores the determinants of job search behavior, search intensity and choices of search methods of the unemployed workers in transitional Russia. We use pooled data from rounds 5-9 of the Russia Longitudinal Monitoring Survey (RLMS) to estimate the effects of socio- economic factors...
Persistent link: https://www.econbiz.de/10005126391
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The Paradox of Czech Crusaders: Will They Ever Learn the Corruption Lesson? (Corruption and Anticorruption in the Czech Republic)
Lizal, Lubomir; Kocenda, Evzen - EconWPA - 2001
Corruption has a negative impact on society and economy. The transition process in Central and Eastern Europe (CEE … problem since the index does not improve as the transition process advances. Numerous comparative studies, however, suggest … that corruption is more prominent feature in a number of other transition countries. We believe that the substantial change …
Persistent link: https://www.econbiz.de/10005560992