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Growth in Transition: What we Know, What we Don't and What we Should
Campos, Nauro F; Coricelli, Fabrizio - C.E.P.R. Discussion Papers - 2002
This essay surveys macroeconomic issues that marked the transition from centrally planned to market economy in Central … and Eastern European and former Soviet Union countries. We first establish a set of stylized facts of the transition so …) institutions collapsed, and (7) the transition costs. We then critically survey the theoretical literature on transition …
Persistent link: https://www.econbiz.de/10005114235
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Soft Budget Constraint Theories: From Centralization to the Market
Maskin, Eric; Xu, Cheng-Gang - C.E.P.R. Discussion Papers - 2001
This Paper surveys the theoretical literature on the effect of soft budget constraints (SBC) on economies in transition … centralized economies, devolution, and banking reform in transition economies. Moreover, we argue that SBC also bear on major …
Persistent link: https://www.econbiz.de/10005667038
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The Path of Reform in Central and Eastern Europe: An Introduction
Portes, Richard - C.E.P.R. Discussion Papers - 1991
Europe'. It discusses the sources of the current wave of `Europessimism': exogenous shocks, adjustment costs, sequencing …
Persistent link: https://www.econbiz.de/10005504578
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What Drives the Speed of Job Reallocation During Episodes of Massive Adjustment?
Jurajda, Stepan; Terrell, Katherine - C.E.P.R. Discussion Papers - 2002
transition from communist to market oriented economies. …
Persistent link: https://www.econbiz.de/10005667089
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Provincial Protectionism
Sonin, Konstantin - C.E.P.R. Discussion Papers - 2003
In a federal state, political leaders of constituent units might protect their enterprises from the federal center (e.g., allowing them not to pay federal taxes). The effectiveness of such protection depends crucially on the ability of local authorities to extract rents from enterprises. They...
Persistent link: https://www.econbiz.de/10005792438
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After, Before and During: Returns to Education in Hungary (1986-1998)
Campos, Nauro F; Jolliffe, Dean - C.E.P.R. Discussion Papers - 2004
using unique data covering the years before and during transition (1986-98) for about 3 million Hungarian wage earners. We …
Persistent link: https://www.econbiz.de/10005667110
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Earnings, Schooling and Economic Reform: New Econometric Evidence
Campos, Nauro F; Jolliffe, Dean - C.E.P.R. Discussion Papers - 2004
How does the relationship between earnings and schooling change with the introduction of comprehensive economic reform? This Paper uses a unique dataset (covering about 3 million Hungarian wage earners, from 1986 to 1998) and a novel procedure to correct sample selection bias (based on DiNardo,...
Persistent link: https://www.econbiz.de/10005498066
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The Effect of Privatization and Competitive Pressure on Firms' Price-Cost Margins: Micro Evidence from Emerging Economies
Konings, Jozef; Van Cayseele, Patrick; Warzynski, Frederic - C.E.P.R. Discussion Papers - 2003
This Paper uses representative firm level panel data of 1,701 Bulgarian and 2,047 Romanian manufacturing firms to estimate market power (i.e. price-cost margins) and to analyse how these are affected by privatization and increased competitive pressure. In contrast to earlier work that analyses...
Persistent link: https://www.econbiz.de/10005667013
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Contract Enforcement in Transition
Johnson, Simon; McMillan, John; Woodruff, Christopher - C.E.P.R. Discussion Papers - 1999
The mix of formal and informal mechanisms for contract enforcement is examined using survey data from Russia, Ukraine, Romania, Poland, and Slovakia. Using the size of trade credit to quantify the success of contracting, we ask: Do the courts have a perceptible effect on contracting? When can a...
Persistent link: https://www.econbiz.de/10005791649
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A Gini Decomposition Analysis of Inequality in the Czech and Slovak Republics during the Transition
Garner, Thesia I; Terrell, Katherine - C.E.P.R. Discussion Papers - 1998
Disposable income inequality, as measured by the Gini coefficient and using Family Budget Survey data, increased very little, and by a similar amount, from 1989–93 in the Czech Republic and Slovakia. This surprising result is examined with an analysis of changes in the channels of...
Persistent link: https://www.econbiz.de/10005123731