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PRICE SETTING AND MARKET STRUCTURE: AN EMPIRICAL ANALYSIS OF MICRO DATA
Coricelli, Fabrizio; Horvath, Roman - William Davidson Institute, University of Michigan - 2008
Most empirical studies on price setting that use micro data focus on advanced industrial countries. In this paper we analyze the experience of an emerging economy, Slovakia, using a large micro-level dataset that accounts for a substantial part of the consumer price index (about 5 million...
Persistent link: https://www.econbiz.de/10008529042
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The Effect of Ownership and Competitive Pressure on Firm Performance in Transition Countries: Micro Evidence from Bulgaria, Romania and Poland
Angelucci, Manuela; Estrin, Saul; Konings, Jozef; … - William Davidson Institute, University of Michigan - 2002
This paper uses a unique representative firm level data set to analyse the effect of domestic and international competitive pressure and ownership changes in three emerging economies, Bulgaria Poland and Romania. Our main findings can be summarized as follows: Domestic competitive pressure,...
Persistent link: https://www.econbiz.de/10005677517
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THE DEPENDENCE OF CEECs ON FOREIGN BANK CLAIMS: DIRECT AND INDIRECT RISKS OF CAPITAL WITHDRAWAL
Brana, Sophie; Lahet, Delphine - William Davidson Institute, University of Michigan - 2011
CEECs are characterised by a significant presence of foreign banks and by a marked dependence upon financing from foreign bankers. We show that this situation leaves these countries open to two types of financial risk, which have grown throughout the present decade. The first relates to the...
Persistent link: https://www.econbiz.de/10010859438
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Bank Discrimination in Transition Economies: Ideology, Information or Incentives?
Brandt, Loren; Li, Hongbin - William Davidson Institute, University of Michigan - 2002
We study bank discrimination against private firms in transition countries. Theoretically, we show that banks may … discriminate for non-profit reasons, but this discrimination diminishes with a bank’s incentives and human capital. Employing … matching bank-firm data from China, we empirically examine the extent, sources and consequences of discrimination. Our unique …
Persistent link: https://www.econbiz.de/10005207887
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POLICY REGIME CHANGE AND CORPORATE CREDIT IN BULGARIA: ASYMMETRIC SUPPLY AND DEMAND RESPONSES
Dobrinsky, Rumen; Markov, Nikolay - William Davidson Institute, University of Michigan - 2003
– affects the flow of bank credit to the corporate sector. An attempt is made to identify the determinants of corporate credit …
Persistent link: https://www.econbiz.de/10005207906
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Default Predictors in Retail Credit Scoring: Evidence from Czech Banking Data
Kocenda, Evzen; Vojtek, Martin - William Davidson Institute, University of Michigan - 2011
Credit to the private sector has risen rapidly in European emerging markets but its risk evaluation has been largely neglected. Using retail-loan banking data from the Czech Republic we construct two credit risk models based on logistic regression and Classification and Regression Trees. Both...
Persistent link: https://www.econbiz.de/10010545908
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Credit Constraints & Productive Entrepreneurship in Africa
Baliamoune-Lutz, Mina; Brixiová, Zuzana; Ndikumana, Léonce - William Davidson Institute, University of Michigan - 2011
Limited access of entrepreneurs to credit constrains the creation and growth of private firms. In Africa, access to credit is particularly limited for small and medium enterprises (SMEs) due to unclear property rights and the lack of assets that can be used as collateral. This paper presents a...
Persistent link: https://www.econbiz.de/10010545921
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THE DEPENDENCE OF CEECs ON FOREIGN BANK CLAIMS: DIRECT AND INDIRECT RISKS OF CAPITAL WITHDRAWAL
Brana, Sophie; Lahet, Delphine - William Davidson Institute, University of Michigan - 2011
CEECs are characterised by a significant presence of foreign banks and by a marked dependence upon financing from foreign bankers. We show that this situation leaves these countries open to two types of financial risk, which have grown throughout the present decade. The first relates to the...
Persistent link: https://www.econbiz.de/10010545923
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Banking Market Liberalization and Bank Performance: the Role of Entry Modes
Thi, Ngoc-Anh Vo - William Davidson Institute, University of Michigan - 2009
This paper analyzes the evolution in bank performance following the removal of legal restrictions on the entry of … foreign banks in three transition economies: the Czech Republic, Hungary, and Poland. Two modes of foreign bank entry are … liberalization occurred in each country. Bank performance is reflected by accounting measures of profitability, net interest margin …
Persistent link: https://www.econbiz.de/10008528988
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Does the Entry Mode of Foreign Banks Matter for Bank Efficiency? Evidence from the Czech Republic,Hungary, and Poland
Thi, Ngoc-Anh Vo; Vencappa, Dev - William Davidson Institute, University of Michigan - 2008
merger and acquisition, on bank performance in three transition economies – the Czech Republic, Hungary, and Poland. We use …
Persistent link: https://www.econbiz.de/10008529025