Showing 1 - 10 of 56
Corruption scandals seem to abound in countries that have recently undergone reform. Despite the proliferation of …—actually causes an increase in corruption. Theory provides no guidance as to the direction of causality—on the one hand, reforms make … politicians accountable to voters, as well as introduce more competition, which should decrease corruption. On the other hand, the …
Persistent link: https://www.econbiz.de/10005125949
A methodology to calibrate multifactor interest rate model for transition countries is proposed. The usual methodology of calibration with implied volatility cannot be used as there are no markets for regularly traded derivatives. The existence of such a markets is essential for this...
Persistent link: https://www.econbiz.de/10005413130
Monthly panel (1998-2003) data from regional labor offices in Latvia are used to analyze the matching process in a high unemployment – low labor demand environment and to evaluate the impact of active labor market policy programs on outflows from unemployment. Results suggest that the hiring...
Persistent link: https://www.econbiz.de/10005556810
This paper analyses the determinants of happiness in seven Eastern European transition countries during the early phase of economic transition. The analysis of representative survey data in an ordered logit model shows that those core socio-demographic and economic variables known to be relevant...
Persistent link: https://www.econbiz.de/10005560958
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
for a number of Africa’s illnesses such as poverty, corruption, dictatorship and war. This paper outlines the different …
Persistent link: https://www.econbiz.de/10005125845
This paper proposes a “before-and-after” approach to empirical examination of the relationship between democracy and … evidence indicates that an improvement in growth performance typically follows the transformation to democracy. Moreover …, growth under democracy appears to be more stable than under authoritarian regimes. Interestingly, wealthy countries often …
Persistent link: https://www.econbiz.de/10005126257
The paper uses the recently available data on growth rates, democracy, protectionism, and wars over the period 1820 to … the effect of democracy on growth, was colonialism economically bad for colonies, does protectionism affect growth … negatively, what is the effect of wars? We find that own democracy has a significant positive impact on growth which increases as …
Persistent link: https://www.econbiz.de/10005062416
From Decentralisation of Planning to Peoples Planning - Experiences of the Indian States of Kerala and West Bengal by Charvak, 2000: The Discussion Paper attempts a comparison of the process of decentralisation of planning in the two States that have made significant progress in this area. The...
Persistent link: https://www.econbiz.de/10005555989
This paper proposes a “before-and-after” approach to empirical examination of the relationship between democracy and … evidence indicates that an improvement in growth performance typically follows the transformation to democracy. Moreover …, growth under democracy appears to be more stable than under authoritarian regimes. Interestingly, wealthy countries often …
Persistent link: https://www.econbiz.de/10005556035