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Credibility and transparency of Central Banks : new results based on Ifo s world economicy survey
Hamella, Sandra; Haan, Jakob de - 2004
This paper reports the results of a survey among private sector economists about credibility and transparency of central banks. In line with the survey of Alan Blinder among central bankers, we asked participants in Ifo s World Economic Survey to answer questions on the importance and...
Persistent link: https://www.econbiz.de/10011399168
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What do we know about recent exchange rate models? : in-sample fit and out-of-sample performance evaluated
Cheung, Yin-Wong; Chinn, Menzie David; Pascual, Antonio … - 2003
Previous assessments of nominal exchange rate determination have focused upon a narrow set of models typically of the 1970 s vintage, including monetary and portfolio balance models. In this paper we re-assess the in-sample fit and out-of-sample prediction of a wider set of models that have been...
Persistent link: https://www.econbiz.de/10011507659
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Significance of development stage theory for explaining industrial growth pattern between Asian NICs and selected advanced economies
Nam, Chang-woon - 2002
NICs for the period 1980-95 and compares their specialisation pattern with that of more advanced economies like Japan, West …
Persistent link: https://www.econbiz.de/10011409015
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When labor disputes bring cities to a standstill : the impact of public transit strikes on traffic, accidents, air pollution, and health
Bauernschuster, Stefan; Hener, Timo; Rainer, Helmut - 2015
Many governments have banned strikes in public transportation. Whether this can be justified depends on whether strikes endanger public safety or health. We use time-series and cross-sectional variation in powerful registry data to quantify the effects of public transit strikes on urban...
Persistent link: https://www.econbiz.de/10010509598
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The financial and operating performance of privatized firms in Sweden
Tatahi, Motasam (contributor); Heshmati, Almas (contributor) - 2009
This paper examines the change in operating and financial performance of Swedish firms that were either partly or fully privatized during the period of 1989-2007. Two different methods are used to empirically investigate the performance of privatized firms. First, accounting data prior to and...
Persistent link: https://www.econbiz.de/10003796384
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Asset stripping, rule of law and firm survival : the Hoff-Stiglitz model and mass privatization in Montenegro
Koman, Matjaž; Lakičević, Milan; Prašnikar, Janez; … - 2013
We provide the first test of the Hoff and Stiglitz (2004) model predicting whether and under what conditions mass privatizations are accompanied by asset stripping. In addition to directly testing the theory, we also tackle an important policy-oriented issue of why a large number of efficient...
Persistent link: https://www.econbiz.de/10010226663
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How transition paths differ : enterprise performance in Russia and China
Bhaumik, Sumon Kumar (contributor); Estrin, Saul (contributor) - 2005
We use enterprise data to analyse and contrast the determinants of enterprise performance in China and Russia. We find that in China, enterprise growth and efficiency is associated with rapid increases in factor inputs, but not correlated with ownership or institutional factors. However, in...
Persistent link: https://www.econbiz.de/10002603928
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Long-term employment and job security over the last twenty-five years : a comparative study of Japan and the US
Kanbayashi, Ryō; Kato, Takao - 2011
-national analysis of micro data from Japan's Employment Status Survey and its U.S. counterpart, Current Population Survey. Our focus is … core employees (employees of prime age of 30-44 who have already accumulated at least five years of tenure) in Japan were … remarkably stable at around 70 percent over the last twenty-five years, and there is little evidence that Japan's Great Recession …
Persistent link: https://www.econbiz.de/10009523528
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Job mobility in Europe, Japan and the US
Borghans, Lex; Golsteyn, Bart H. H. - 2010
uniform data covering 11 European countries and Japan. Using the NLSY, we replicate the information in this survey to compare … conventional wisdom, job mobility in Japan is only somewhat lower than the European average. (3) There are large differences in job … mobility within Europe. -- job mobility ; graduates ; Europe ; Japan ; US …
Persistent link: https://www.econbiz.de/10009314286
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Distortions, endogenous managerial skills and productivity differences
Bhattacharya, Dhritiman; Guner, Nezih; Ventura, Gustavo - 2011
are critical in accounting for the differences in size distribution between the U.S. and Japan. -- distortions ; size …
Persistent link: https://www.econbiz.de/10009408727