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In this paper we analyze the dynamics of public investment and public finance in new members of the European Union, and … in public investment are often linked with decreases as well as increases in corruption. In terms of public finance we …
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We analyze foreign news and spillovers in the emerging EU stock markets (the Czech Republic, Hungary, and Poland). We employ high-frequency five-minute intraday data on stock market index returns and four classes of EU and U.S. macroeconomic announcements during 2004–2007. We account for the...
Persistent link: https://www.econbiz.de/10008606463
In this paper we analyze the evolution of firm financial efficiency in the Czech Republic. Using a large panel of more than 400,000 Czech firm/years we study whether firms fully utilize their resources, how firm financial efficiency evolves over time, and how firm financial efficiency is...
Persistent link: https://www.econbiz.de/10010281899
In this paper we analyze the evolution of firm financial efficiency in the Czech Republic. Using a large panel of more than 400,000 Czech firm/years we study whether firms fully utilize their resources, how firm financial efficiency evolves over time, and how firm financial efficiency is...
Persistent link: https://www.econbiz.de/10009129943
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