Showing 1 - 10 of 92
The issues of privatization (and sometimes deregulation) have been reviewed in a large literature on the various … aspects of privatization, that has emphasized the potential efficiency gains. Hence, we provide some theoretical reasoning why … privatization is useful as well as profitable for an economy and empirically present the extent of privatization in Austria and …
Persistent link: https://www.econbiz.de/10010294495
study reveals that the bank-specific factors are the most influential on banks’ profitability, and to a lesser extent the …
Persistent link: https://www.econbiz.de/10014236022
This paper examines the profit testing of life insurance companies that issue participating policies, type B and type A universal life policies, and variable annuities with guaranteed minimum maturity and death benefits, when investment returns are stochastic and modeled by normal or variance...
Persistent link: https://www.econbiz.de/10014356168
lower profitability and higher costs than their private counterparts, and that the opposite is true for foreign-owned banks … (which tend to be characterized by higher profitability and lower costs). We also find that, in developing countries, the …, although we do not find any effect on profitability of domestic banks. …
Persistent link: https://www.econbiz.de/10010327143
out that this evidence cannot be used as an argument against the existence of state-owned banks, as this low profitability …
Persistent link: https://www.econbiz.de/10010327147
The desirability of WTO membership for China depends on whether its economic successes have been the result of its discovery of new institutional forms (e.g. dual track pricing, SOE contracts, and fiscal contracts) that are optimal for China''s particular economic circumstances, or have been the...
Persistent link: https://www.econbiz.de/10010318608
. Martin Feldstein's pro-privatization rhetoric relative to Social Security is first analyzed. A subsequent comparison his … rhetoric to that of George W. Bush concludes that both the political and the economic rhetoric of Social Security privatization …
Persistent link: https://www.econbiz.de/10010288065
We offer the first direct evidence of an implicit contract in a goods market. The evidence we offer comes from the market for Coca-Cola. We demonstrate that the Coca-Cola Company left a substantial amount of written evidence of its implicit contract with its consumers-a very explicit form of an...
Persistent link: https://www.econbiz.de/10010336020
In addition to the severe health crisis, the Covid-19 pandemic provoked one of the deepest socioeconomic crises in the history of capitalism. Yet, the economic structure of each country and the strength of the welfare state, along with the ability of the diverse governments to cope with the...
Persistent link: https://www.econbiz.de/10014317120
We investigate the expected college completion time of European college students by using data from a survey of more than 3000 students in 10 countries. We explain observed excess time to graduation by paying special attention to labor market variables, such as unemployment, wage differentials...
Persistent link: https://www.econbiz.de/10010294494