This paper empirically investigates the differences in the motives for raising privatization proceeds for a panel of 22 OECD countries from 1990 to 2001. We test whether privatizations can be mainly interpreted (a) as a means to foster growth, increase tax income, and relax the fiscal stance,...

This paper analyzes differences between shadow economic activities in the western and eastern part of Germany. Due to new empirical results easterners' engagement in shadow economic activities seems to be lower than the engagement of their western neighbors. How can we explain this seemingly...