Showing 1 - 10 of 104
. This applies, in particular, to Central and East European Countries (CEEC). Apart from traditional OFDI motives such as … sample of 1,036 firms from 10 CEEC that entered the EU between 1995 and 2010. We find that firms from CEEC primarily target … countries). In terms of knowledge-seeking, we find that firms from CEEC seem to be primarily attracted by human capital …
Persistent link: https://www.econbiz.de/10011259687
. This applies, in particular, to Central and East European Countries (CEEC). Apart from traditional OFDI motives such as … sample of 1,036 firms from 10 CEEC that entered the EU between 1995 and 2010. We find that firms from CEEC primarily target … countries). In terms of knowledge-seeking, we find that firms from CEEC seem to be primarily attracted by human capital …
Persistent link: https://www.econbiz.de/10011261140
The relationship between interest rates and inflation which is called Fisher effect has been investigated in both theoretical and empirical economics in vast literature. The contribution of this paper to the literature is to test the Fisher effect for the selected four transition economies that...
Persistent link: https://www.econbiz.de/10010938174
The relationship between interest rates and inflation which is called Fisher effect has been investigated in both theoretical and empirical economics in vast literature. The contribution of this paper to the literature is to test the Fisher effect for the selected four transition economies that...
Persistent link: https://www.econbiz.de/10011273124
This paper analyses the development of the banking sector in twelve transition countries. Foreign banks have become major players in the financial system of these countries. Still, foreign bank presence and financial development in general vary considerably between these economies. Distance from...
Persistent link: https://www.econbiz.de/10005556660
The existence of causation linkage between stock prices and exchange rates is one of the popular debate especially since the beginning of 1990s. The aim of this paper is to investigate the nature of the causal transmission mechanism between foreign exchange and stock markets in 9 transition...
Persistent link: https://www.econbiz.de/10011210383
In this paper we apply two different concepts (BEER and PEER) to calculate real equilibrium exchange rates for fiveEast and Central European EU accession countries. From the results bilateral nominal equilibrium exchange rates againstthe euro are obtained through an algebraic transformation....
Persistent link: https://www.econbiz.de/10005823541
This paper assesses the impact of devaluations on aggregate output for a group of five transition economies during the period 1993-2000. An application of panel unit root tests and panel cointegration establishes the presence of a long run relationship between real output, real exchange rates,...
Persistent link: https://www.econbiz.de/10005406791
From 1995 to 2001 Russia witnessed an asset market boom, a deep financial crisis, and a surprisingly forceful recovery. This paper analyzes economic policy and data of the time to explain why fluctuations were so violent and to draw lessons for Emerging Markets investors as well as for...
Persistent link: https://www.econbiz.de/10005561251
The existence of causation linkage between stock prices and exchange rates is one of the popular debate especially since the beginning of 1990s. The aim of this paper is to investigate the nature of the causal transmission mechanism between foreign exchange and stock markets in 9 transition...
Persistent link: https://www.econbiz.de/10011207343