Showing 1 - 10 of 76
During the Soviet period industrial firms not only formed the backbone of the economy but also directly provided a wide range of benefits to their municipalities. Firms were in charge of supplying a great variety of social services, such as housing, medical care and day care. The need to divest...
Persistent link: https://www.econbiz.de/10005419599
This paper studies the impact of federal state shareholdings on the performance of Russian companies. It differs from most similar studies in two respects. Firstly, it focuses on mixed ownership companies rather than conventional state enterprises. Secondly, it distinguishes between several...
Persistent link: https://www.econbiz.de/10005190676
Transition economies like Russia lack properly functioning financial markets and institutions, which results in severe agency and information problems. Business groups in such markets have the potential to offer benefits to member firms, but they also may destroy value. Using a unique database...
Persistent link: https://www.econbiz.de/10005648601
This paper uses multivariate GARCH techniques to study volatility spillovers between the Chinese non-deliverable forward market and seven of its Asia-Pacific counterparts over the period January 1998 to March 2005. To account for the time-variability of conditional correlation, a dynamic...
Persistent link: https://www.econbiz.de/10005419581
There have been profound changes in both political and economic institutions in China over the last twenty years …
Persistent link: https://www.econbiz.de/10005419585
two emerging stock markets - Russia and China, because of their unique characteristics and performance in the past years …
Persistent link: https://www.econbiz.de/10005419590
We present a new composite leading indicator of economic activity in mainland China, es-timated using a dynamic factor …
Persistent link: https://www.econbiz.de/10005419594
features of China's extensive processing trade cause both the identification of imported intermediate goods, and their … intermediate goods imported into China. Vertical specialization is then estimated using two methods. The first method uses the … strong evidence of an Asian network of intermediate suppliers to China, and the two methods provide a range of estimates for …
Persistent link: https://www.econbiz.de/10005419600
stability in mainland China. We examine whether excess money relative to rulebased values provides information that improves the …
Persistent link: https://www.econbiz.de/10005419610
In January 2008, China adopted a new labour contract law. This new law represents the most significant reform to the … legislation on employment relations in mainland China in more than a decade. The paper provides a theoretical framework on the …
Persistent link: https://www.econbiz.de/10005419612