Showing 1 - 10 of 1,187
Persistent link: https://www.econbiz.de/10003377261
described as a natural experiment to study the enduring effects of communism. We show in three steps that the populations in … already visible in many socio-economic characteristics in pre-World War II data. Second, World War II and the subsequent …
Persistent link: https://www.econbiz.de/10012177137
We study the effect of exposure to communism (EC), a political-economic regime based on collectivist planning, on … variation in EC in a large sample of Central and Eastern European countries (CEEC). Against the backdrop that ‘communism gives …, suggesting that (raising uncertainty and adversity during) communism increased the demand for all types of available insurance. …
Persistent link: https://www.econbiz.de/10012312212
communism. …
Persistent link: https://www.econbiz.de/10012698819
The transition paths from plan to market have varied markedly across countries. Central and Eastern European and the Baltic countries, which opted for a fast and profound transformation of their institutions including business climates, rapidly narrowed the productivity gap with advanced...
Persistent link: https://www.econbiz.de/10003938148
Persistent link: https://www.econbiz.de/10003496465
ARCH modelling framework of Engle (1982) and its GARCH generalization of Bollerslev (1986) gave a huge impetus to econometric model building in the field of financial time series with time-varying variance. The main idea of the models was to describe the most typical features of capital markets...
Persistent link: https://www.econbiz.de/10003942099
Trade reforms in transition economies are analyzed in a model of trade and vertical product differentiation. We first show that trade liberalization in transition economies reduces the local firm s output and raises the prices of all variants. Second, we find that neither free trade nor the...
Persistent link: https://www.econbiz.de/10011398110
This paper focuses on the role of institutions in poverty alleviation, where both poverty and institutions are interpreted broadly. The broadening of the poverty notion is important at least from the policy perspective. Even if one were convinced that higher growth would reduce income poverty to...
Persistent link: https://www.econbiz.de/10011400868
In this paper, we study the drivers of permanent and transitory deposit dollarization for a sample of CESE countries using panel cointegration techniques. The results suggest that a positive cointegration relationship exists between permanent dollarization and Minimum Variance Portfolio (MVP)...
Persistent link: https://www.econbiz.de/10011421680