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A MESSAGE TO GORBACHEV:REDISTRIBUTE THE WEALTH
Feige, Edgar L. - EconWPA - 2005
The transition from a planned to a market oriented economy requires a complex amalgam of stabilization, liberalization and privatization policies. This paper outlines a combination of policies believed to be necessary, if not sufficient to enlist the efficiency of market mechanisms along with a...
Persistent link: https://www.econbiz.de/10005062463
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SOCIALIST PRIVATIZATION: RESPONSE
Feige, Edgar L. - EconWPA - 2005
In earlier papers on “Socialist privatization” Feige proposed a sequential set of stabilization, privatization and liberalization policies designed to provide the necessary, albeit not sufficient conditions, for a transition from a planned to a market economy. An important component of the...
Persistent link: https://www.econbiz.de/10005118677
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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
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PERESTROIKA AND SOCIALIST PRIVATIZATION: WHAT IS TO BE DONE? AND HOW?
Feige, Edgar L. - EconWPA - 2003
of an egalitarian distribution of income and wealth? I propose a sequential set of stabilization, privatization and …
Persistent link: https://www.econbiz.de/10005118763
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Elusive effects of unemployment on happiness
Böckerman, Petri; Ilmakunnas, Pekka - EconWPA - 2005
personally reduces life satisfaction, but does not have a significant effect on happiness in ordered logit estimation. However …, generalized ordered logit estimation reveals that being unemployed has a negative effect on happiness at lower happiness scores …, but no significant effect at high happiness levels. …
Persistent link: https://www.econbiz.de/10005556758
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Are there Regional Variations in the Psychological Cost of Unemployment in South Africa?
Powdthavee, Nattavudh - EconWPA - 2003
Are certain groups of unemployed individuals hurt less by unemployment than others? This paper is an attempt to test the hypothesis that non- pecuniary costs of unemployment may vary between societies with different unemployment rates. Using cross-sectional data from the SALDRU93 survey, we show...
Persistent link: https://www.econbiz.de/10005125760
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Unhappiness and Crime: Evidence from South Africa
Powdthavee, Nattavudh - EconWPA - 2003
-victims, ceteris paribus. Happiness is lower for nonvictimized respondents currently living in higher crime areas. However, we find a …
Persistent link: https://www.econbiz.de/10005407734
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Knowing what is good for you. Empirical analysis of personal preferences and the 'objective good'
Lelkes, Orsolya - EconWPA - 2005
between these two in the case of basic needs. For the analysis, individuals’ self-reported life satisfaction is used as a … social relations - significantly influence people’s satisfaction, ceteris paribus. Next, the stability of preferences is … between life satisfaction and basic measures of well-being despite the landslide of societal and economic transformation. …
Persistent link: https://www.econbiz.de/10005407815
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Knowing what is good for you. Empirical analysis of personal preferences and the “objective good”
Lelkes, Orsolya - EconWPA - 2005
between these two in the case of basic needs. For the analysis, individuals’ self-reported life satisfaction is used as a … social relations - significantly influence people’s satisfaction, ceteris paribus. Next, the stability of preferences is … between life satisfaction and basic measures of well-being despite the landslide of societal and economic transformation. …
Persistent link: https://www.econbiz.de/10005062470
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Gross National Happiness as an Answer to the Easterlin Paradox?
Tella, Rafael Di; MacCulloch, Robert - EconWPA - 2005
, the biggest contributors to happiness in our sample have been the increase in income and the increase in life expectancy …. Our accounting exercise suggests that the unexplained trend in happiness is even bigger than would be predicted if income … was the only argument in the utility function. In other words, introducing omitted variables worsens the income-without-happiness …
Persistent link: https://www.econbiz.de/10005561269