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The Effect of Privatization on the Wealth Distribution in Russia
Alexeev, Michael - William Davidson Institute, University of Michigan - 1997
This paper considers the Russian privatization process through the end of voucher privatization and examines how its deviation from the competitive sale standard was likely to affect wealth inequality. While empirical evaluation is all but impossible due to the dearth of reliable data, it is...
Persistent link: https://www.econbiz.de/10005677391
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Sophisticated Discipline in Nascent Deposit Markets: Evidence from Post-Communist Russia
Karas, Alexei; Pyle, William; Schoors, Koen - William Davidson Institute, University of Michigan - 2006
Using a database from post-communist, pre-deposit-insurance Russia, we demonstrate the presence of quantity-based sanctioning of weaker banks by both firms and households, particularly after the financial crisis of 1998. Evidence for the standard form of price discipline, however, is notably...
Persistent link: https://www.econbiz.de/10005677466
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Bank Performance in Transition Economies
Fries, Steven; Neven, Damien; Seabright, Paul - William Davidson Institute, University of Michigan - 2002
This paper examines the performance of 515 banks in 16 transition economies for the years 1994 – 99 based on their …
Persistent link: https://www.econbiz.de/10005677621
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Investment and Finance in De Novo Private Firms: Empiracal Results from the Czech Republic, Hungary and Poland
Bratkowski, Andrzej; Grosfeld, Irena; Rostowski, Jacek - William Davidson Institute, University of Michigan - 1999
capital markets in Central European economies do not seem to actually inhibit the growth of Central European transition … transition economies studied, but they provide quite a large amount of financing and do so from a remarkably early stage of the …
Persistent link: https://www.econbiz.de/10005677689
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Enterprise Restructuring in Belarus
Bakanova, Marina; Estrin, Saul; Pelipas, Igor; Pukovic, … - William Davidson Institute, University of Michigan - 2006
We explore the impact of privatization and the entry of new firms on enterprise performance in Belarus, a transition …
Persistent link: https://www.econbiz.de/10005652567
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Virtual Reality: Barter and Restructuring in Russian Industry
Krueger, Gary; Linz, Susan J. - William Davidson Institute, University of Michigan - 2000
A general consensus in the transition economies literature links the existence of enterprise restructuring with the … pace of the transition process and the potential for economic growth. The existing literature is less clear, however, about … enterprise restructuring in transition economies and how it varies with the stage of the transition process; (2) errant …
Persistent link: https://www.econbiz.de/10005652641
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Returns to Skills and the Speed of Reforms: Evidence from Central and Eastern Europe, China, and Russia
Fleisher, Belton M.; Peter, Klara Sabirianova; Wang, Xiaojun - William Davidson Institute, University of Michigan - 2004
We explore the pace of increase in returns to schooling during the transition from planning to market over time across … a number of Central and Eastern European countries, Russia, and China. We use metadata from 33 studies of 10 transition …
Persistent link: https://www.econbiz.de/10005784595
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Does Market Structure Matter? New Evidence from Russia
Brown, Annette N.; Brown, J. David - William Davidson Institute, University of Michigan - 1998
Persistent link: https://www.econbiz.de/10005784739
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What Drives the Speed of Job Reallocation During Episodes of Massive Adjustment?
Jurajda, Stepan; Terrell, Katherine - William Davidson Institute, University of Michigan - 2002
transition from communist to market oriented economies. …
Persistent link: https://www.econbiz.de/10005784752
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Barter in Russia: Liquidity Shortage versus Lack of Restructuring
Brana, Sophie; Maurel, Mathilde - William Davidson Institute, University of Michigan - 1999
steadily increased from 5% in 1992 to nearly 55% in 1998. Unknown in CEEC's transition countries, barter is only one aspect of …
Persistent link: https://www.econbiz.de/10005784797