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Regional Decentralization and the Soft Budget Constraint: The Case of China
Qian, Yingyi; Roland, Gérard - C.E.P.R. Discussion Papers - 1994
The majority of enterprises in China are controlled by local governments at the provincial, city, county, township and village levels. We study the effect of regional decentralization on soft budget constraints in these enterprises. We show that fiscal competition under (foreign) capital...
Persistent link: https://www.econbiz.de/10005124311
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The External Sector, the State and Development in Eastern Europe
Eichengreen, Barry; Kohl, Richard - C.E.P.R. Discussion Papers - 1998
The countries of Central and Eastern Europe have displayed widely disparate trade performance since the beginning of the transition. The Czech Republic and Hungary have had some success moving into the production and export of more technologically-sophisticated, higher value-added goods, while...
Persistent link: https://www.econbiz.de/10005123672
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Economic Reform, Education Expansion, and Earnings Inequality for Urban Males in China, 1988-2007
Meng, Xin; Shen, Kailing; Xue, Sen - Research School of Economics, College of Business and … - 2010
In the past 20 years the average real earnings of Chinese urban male workers have increased by 350 per cent. Accompanying this unprecedented growth is a considerable increase in earnings inequality. Between 1988 and 2007 the variance of log earnings increased from 0.27 to 0.48, a 78 per cent...
Persistent link: https://www.econbiz.de/10008485493
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From Federalism, Chinese Style, to Privatization, Chinese Style
Yuanzheng, Cao; Qian, Yingyi; Weingast, Barry - C.E.P.R. Discussion Papers - 1998
In 1994, China began a profound reform of its state-owned enterprises (SOE). We first describe and characterize this progress in two areas: privatization of small state-owned enterprises (SOEs) at the county level and mass lay-offs of excess state workers at the city level. Local governments...
Persistent link: https://www.econbiz.de/10005792177
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Russian Enterprises in Transition
Cohen, Daniel; de Boissieu, Christian; de Pontbriand, Gaël - C.E.P.R. Discussion Papers - 1995
The paper examines the behaviour of 100 firms interviewed regularly between 1993-4. It reaches the following conclusions:1) Following the inter-enterprise debt (IED) crisis of 1992, most firms have switched to a `pay-in-advance' system, which pushed firms towards a `hard budget constraint'...
Persistent link: https://www.econbiz.de/10005662263
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The Transition in Russia: Successes (Privatization, Low Unemployment...) and Failures (Mafias, Liquidity Constraints...). A Theoretical Analysis
Cohen, Daniel - C.E.P.R. Discussion Papers - 1995
The paper analyses the transition in Russia through a theoretical model in which job-to-job mobility plays a crucial role. It shows that job-to-job mobility is a key factor preventing a discontinuous break in unemployment and insulating wages in declining sectors from aggregate disequilibria. In...
Persistent link: https://www.econbiz.de/10005792166
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The Transmission of Democracy: From the Village to the Nation-State
Giuliano, Paola; Nunn, Nathan - C.E.P.R. Discussion Papers - 2013
We provide evidence that a history of democracy at the local level is associated with contemporary democracy at the national level. Auxiliary estimates show that a tradition of local democracy is also associated with attitudes that favor democracy, with better quality institutions, and higher...
Persistent link: https://www.econbiz.de/10011084529
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Do Financial Incentives for Firms Promote Employment of Disabled Workers? A Regression Discontinuity Approach
Lalive, Rafael; Wuellrich, Jean-Philippe; Zweimüller, Josef - C.E.P.R. Discussion Papers - 2009
We study the impact of employment quota on firms' demand for disabled workers. The Austrian Disabled Persons Employment Act (DPEA) requires firms to provide at least one job to a disabled worker per 25 non-disabled workers, a rule which is strictly enforced by non-compliance taxation. We find...
Persistent link: https://www.econbiz.de/10004973967
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Disability Testing and Retirement
Cremer, Helmuth; Lozachmeur, Jean-Marie; Pestieau, Pierre - C.E.P.R. Discussion Papers - 2006
This paper studies the design of retirement and disability policies. It illustrates the often observed exit from the … labour force of healthy workers through disability insurance schemes. Two types of individuals, disabled and leisure …
Persistent link: https://www.econbiz.de/10005123923
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Disability and Work: The Role of Health Shocks and Childhood Circumstances
Lindeboom, Maarten; Llena-Nozal, Ana; van der Klaauw, Bas - C.E.P.R. Discussion Papers - 2006
This paper focuses on the relation between the onset of disability and employment outcomes. We develop an event history … onset of a disability by around 138%. However, health shocks are relatively rare events and therefore the larger part of … observed disability rates result from gradual deteriorations in health. We find no direct effect of health shocks on employment …
Persistent link: https://www.econbiz.de/10005661885