Narrow search
Showing 1 - 10 of 179
Cover Image
Measuring the Institutional Change of the Monetary Regime in a Political Economy Perspective (Groups of interest and monetary variables during the Currency Board introduction in Bu...
Nenovsky, Nikolay; Rizopoulos, Yorgos - William Davidson Institute, University of Michigan - 2004
The paper explores the possibilities to measure the institutional change in the monetary field. A political economy theoretical framework is built up, where the change of the monetary regime is analyzed as the outcome of the debtors - creditors interactions. In this perspective, the value of...
Persistent link: https://www.econbiz.de/10005652519
Cover Image
Mind the Gap! Social Capital, East and West
Fidrmuc, Jan; Gerxhani, Klarita - William Davidson Institute, University of Michigan - 2007
completely after we control for aggregate measures of economic development and quality of institutions. Informal institutions …
Persistent link: https://www.econbiz.de/10005784691
Cover Image
Labor Market Trends and Institutions in Belarus
Brixiova, Zuzana; Volchok, Vera - William Davidson Institute, University of Michigan - 2005
In most countries of Central and Eastern Europe and the Commonwealth of Independent States, the transition to market … fall in employment since 1990 has been similar to other transition economies, leading to a sharp reduction of labor force …
Persistent link: https://www.econbiz.de/10005652632
Cover Image
Formation of social capital in Central and Eastern Europe: Understanding the gap vis-à-vis developed countries
Fidrmuc, Jan; Gërxhani, Klarita - William Davidson Institute, University of Michigan - 2005
completely after we control for aggregate measures of economic development and quality of institutions. Informal institutions …
Persistent link: https://www.econbiz.de/10005677593
Cover Image
No Pain, No Gain: Market Reform, Unemployment, and Politics in Bulgaria
Valev, Neven - William Davidson Institute, University of Michigan - 2003
was the necessary price for future prosperity. …
Persistent link: https://www.econbiz.de/10005784659
Cover Image
Competitive Shocks and Industrial Structure: The Case of Polish Manufacturing
Ghemawatt, Pankaj; Kennedy, Robert E. - William Davidson Institute, University of Michigan - 1997
A large number of countries have recently experienced competitive shocks: sudden increases in the role that market forces play in determining the evolution of various industries. In this paper, we study the implications of Poland's competitive shock for three elements of the structure of that...
Persistent link: https://www.econbiz.de/10005489873
Cover Image
Russian Financial Transition: The Development of Institutions and Markets for Growth
Kemme, David M. - William Davidson Institute, University of Michigan - 2000
decade the transition from the Soviet banking system to a market oriented banking system is incomplete and fraught with … uncertainty. While the number of financial institutions has increased dramatically, the state sector still dominates financial …
Persistent link: https://www.econbiz.de/10005652557
Cover Image
The Changing Corporate Governance Paradigm: Implications for Transition and Developing Countries
Berglof, Erik; Thadden, Ernst-Ludwig von - William Davidson Institute, University of Michigan - 1999
statements. This paper discusses the implications, in particular for developing and transition countries, from this literature … this group is unlikely to play an important role in most developing and transition countries. External investors may still …
Persistent link: https://www.econbiz.de/10005677653
Cover Image
Impact of Financial Deregulation on Monetary and Economic Policy in the Czech Republic, Hungary and Poland: 1990-2003
McGrath, Patricia - William Davidson Institute, University of Michigan - 2013
The three countries took different stances in regards to economic policy; the Czech Republic pursued a shock therapy regime which aimed to stabilise the economy, Hungary’s policy was more relaxed whilst Poland had an aggressive reform programme. Regarding monetary policy the Czech Republic...
Persistent link: https://www.econbiz.de/10011161385
Cover Image
Financial Deregulation and Industrial Development: Subsequent Impact on Economic Growth in the Czech Republic, Hungary and Poland
McGrath, Patricia - William Davidson Institute, University of Michigan - 2006
that for the three countries industrial production caused economic growth. This was a uni-directional causality. …
Persistent link: https://www.econbiz.de/10005784697