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Intro -- Contents -- I. INTRODUCTION -- II. EXPLAINING DIFFERENCES IN INCOME -- III. EMPIRICAL ANALYSIS -- IV. RESULTS -- V. IMPLICATIONS AND DISCUSSION -- VI. CAVEATS -- VII. CONCLUSIONS -- REFERENCES.
Persistent link: https://www.econbiz.de/10012691120
, privatization methods had a lasting effect on ownership structure in Ukraine. …This paper investigates the relationship between ownership concentration and enterprise performance in Ukraine. Using … performance in Ukraine. The paper also finds that concentration of ownership by foreign companies and banks is associated with …
Persistent link: https://www.econbiz.de/10005826048
liberalization, privatization, and stabilization reforms. Theory predicts that decentralization may aggravate fiscal imbalances … over 19 years to address a central question of fact: Did privatization help to promote local governments’ fiscal … discipline? The answer is clearly ‘no’ for privatization considered in isolation. However, privatization and subnational …
Persistent link: https://www.econbiz.de/10011142008
Several European Union countries have recently implemented or are envisaging fiscal that operations improve budgetary figures but have no structural impact on government finances. This paper evaluates some of these measures using a balance sheet approach. In particular, it examines the degree to...
Persistent link: https://www.econbiz.de/10005253008
The increased budget deficit caused by the privatization of a public pension plan does not imply a relaxation of the … and explicit public debt. There may be circumstances in which pension privatization, if not offset by fiscal consolidation …
Persistent link: https://www.econbiz.de/10005263836
liberalization, privatization, and stabilization reforms. Theory predicts that decentralization may aggravate fiscal imbalances … over 19 years to address a central question of fact: Did privatization help to promote local governments' fiscal discipline …? The answer is clearly 'no' for privatization considered in isolation. However, privatization and subnational f …
Persistent link: https://www.econbiz.de/10009618582
One consequence of interest rates remaining 'too low for too long' since the Global Financial Crisis is the buildup in private leverage in emerging economies. These vulnerabilities have been laid bare by the COVID-19 shock. This paper employs the growth at risk framework (Adrian, Boyarchenko,...
Persistent link: https://www.econbiz.de/10014408871
pension liabilities during the reform's transition period, a pension privatization reform may transform IPD int …
Persistent link: https://www.econbiz.de/10012677645
Intro -- Contents -- I. INTRODUCTION -- II. BRIEF REVIEW OF RESEARCH ON EL SALVADOR'S RECEIPTS OF REMITTANCES -- III. STYLIZED FACTS OF EL SALVADOR'S ECONOMY, 1995-2004 -- IV. MODEL SPECIFICATION AND DATA ISSUES -- V. EMPIRICAL EVIDENCE: TRANSMISSION MECHANISM -- VI. CONCLUSIONS AND ECONOMIC...
Persistent link: https://www.econbiz.de/10012691067
This paper provides a broad empirical analysis of the determinants of post-conflict economic transitions across the world during the period 1960?2010, using a dynamic panel estimation approach based on the system-generalized method of moments. In addition to an array of demographic, economic,...
Persistent link: https://www.econbiz.de/10009706767