Showing 1 - 10 of 86
Privatization in the Czech Republic has been seen as an extremely important part of the reform package together with … privatization has enabled capital markets to emerge with thousands of shares traded. The main characteristics and relationships of …
Persistent link: https://www.econbiz.de/10013147483
a higher level in the Czech Republic than in Slovakia. Findings suggest that returns to unmeasured human capital or …
Persistent link: https://www.econbiz.de/10014198821
High-stakes admission exams to selective schools create incentives for more intensive study effort possibly increasing study achievements of students. Exploiting the exogenous change of a schooling system and using two waves of TIMSS survey data we find that high-stakes exams increase math test...
Persistent link: https://www.econbiz.de/10014142182
We develop a novel estimator of unreported income, perhaps due to tax evasion, that does not depend on as strict identifying assumptions as previous estimators based on microeconomic data. The standard identifying assumption that the self-employed underreport income whereas wage and salary...
Persistent link: https://www.econbiz.de/10013073532
We analyze a unique dataset to test an empirical model of retail bank fee determinants in five Central European countries. Due to the data structure we can cope with heterogeneity and cross-subsidization by employing a representative fee index instead of using variables associated with...
Persistent link: https://www.econbiz.de/10013156001
In this paper we evaluate the part played by the unemployment compensation systems (UCS) in the generally high unemployment rates experienced in the transition and we provide an explanation for the differences in the performances of the Czech and Slovak labor markets. Using data we collected...
Persistent link: https://www.econbiz.de/10013148688
This paper investigates the possibility that newly emerging equity markets in Central Europe exhibit semi-strong form efficiency such that no relationship exists between lagged values of changes in economic variables and changes in equity prices. We find that while there are connections between...
Persistent link: https://www.econbiz.de/10013148691
This paper is focused on the behavior of different groups of economic agents participating in large scale privatization …. Since large-scale privatization has many interactions with other privatization programs, we will also briefly describe … restitutions, small scale privatization and property transfer to municipalities. We will present a descriptive analysis of rules …
Persistent link: https://www.econbiz.de/10014197677
This study develops a dynamic model of bidding behavior to investigate the Czech voucher privatization process, which … individuals or by assigning some of all of their voucher points to investment privatization funds. Principle findings are that …
Persistent link: https://www.econbiz.de/10014198502
involved in the Czech voucher privatization process to test whether a sequential process of trial-and-error can set …
Persistent link: https://www.econbiz.de/10013153383