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performance. Concentrated private ownership has a stronger positive effect on performance than dispersed ownership in the post … collective ownership does not have a negative effect. In the post-communist economies new firms are equally or more efficient … private ownership, corporate governance, access to know-how and markets, and the legal and institutional system matter for …
Persistent link: https://www.econbiz.de/10011394105
"Ownership and control over assets such as land and housing provide direct and indirect benefits to individuals and … the gender dimensions of asset ownership. This paper sets out a framework for researchers who are interested in collecting … data on individual level asset ownership and analyzing the gender asset gap. It reviews best practices in existing surveys …
Persistent link: https://www.econbiz.de/10010521055
of Serbia to examine the relationship between productivity, the investment climate, and private ownership of firms. As …. Identification of the relative effects of various investment climate constraints and ownership on productivity should serve as a … guide for such prioritization. Although ownership has recently received less attention in policy decisions than before …
Persistent link: https://www.econbiz.de/10010522519
"This paper relaxes some key assumptions in the probabilistic approach to fiscal sustainability. First, the authors identify structural breaks over the sample period used to estimate the covariance matrix of the shocks to the debt ratios. Second, the assumption of normality of the shocks is...
Persistent link: https://www.econbiz.de/10010521050
also of moral hazard and lack of project ownership. This paper presents a discussion of the extant legal and financial …
Persistent link: https://www.econbiz.de/10010521083
Persistent link: https://www.econbiz.de/10010521904
state and local debt and not to allow ownership of the banks by any level of government. Transparency of the budgetary …
Persistent link: https://www.econbiz.de/10010522414
"Over the past 25 years, significant levels of public debt and external finance are more likely to have enhanced macroeconomic vulnerability than economic growth in developing countries. This applies not just to countries with a history of high inflation and past default, but also to those in...
Persistent link: https://www.econbiz.de/10010522526
"Chen focuses on the effects of age structure changes on the size of budget deficits of national governments. More specifically, he determines whether differences in age structure can account for the observed differences in budget deficits across countries as well as across time. By way of an...
Persistent link: https://www.econbiz.de/10010522900
"Greece and Italy initiated efforts to improve public debt management and develop their domestic debt markets respectively in the late 1970s and mid-1980s. At that time, both countries suffered from large and rapidly growing public debt, excessive reliance on short-term bills held by commercial...
Persistent link: https://www.econbiz.de/10010522920