Showing 1 - 10 of 192
-separability of the utility function, inflation aversion, nominal transaction frictions). The monograph is organized as follows … market share competition with the assumption that agent?s behavior is characterized by inflation aversion. Chapter IV is … devoted to the GMM estimation of crucial parameters of the inflation-aversion model of the previous chapter. A model featuring …
Persistent link: https://www.econbiz.de/10009482289
explain the development of inflation dynamics and the formation process of inflation expectations of households respectively. We …
Persistent link: https://www.econbiz.de/10009429015
Die Arbeit beschäftigt sich mit der Frage, ob die Wirtschaftssonderzonen in der Volksrepublik China ein sinnvolles Politikinstrument waren, um ein sozialistisches Wirtschaftssystem in einem Transformationsprozeß zu einem marktwirtschaftlichen System zu unterstützen. Darüber hinaus wird die...
Persistent link: https://www.econbiz.de/10009471702
Seit dem Ende der Bretton-Woods Ära haben zahlreiche Bankenkrisen Volkswirtschaften immense Kosten auferlegt. Die vorliegende Studie beschäftigt sich mit den politökonomischen Einflussfaktoren auf die Tiefe dieser Bankenkrisen. Es wird argumentiert, dass nur schnelle und tiefgreifende...
Persistent link: https://www.econbiz.de/10009471832
Die Beziehungen zwischen der Wirtschaftsentwicklung und der Finanzpolitik sind der Kerninhalt dieser Arbeit. Seit 1978 hat die VR China eine systematische Sozial- und Wirtschaftstransformation vollzogen und die zentrale Planwirtschaft allmählich zur Marktwirtschaft hin orientiert. Deswegen ist...
Persistent link: https://www.econbiz.de/10009460988
Previous research suggests that minorities are not faring well in China’s transition—both income and occupational attainment gaps are widening. We are particularly interested in whether the differences in majority and minority economic outcomes are the result of ethnicity per se, or whether...
Persistent link: https://www.econbiz.de/10009476692
We examine the determinants of performance of 68 Indian state-owned enterprises in the manufacturing sector for a five-year period: 1987 to 1991. Relative performance is determined using data envelopment analysis, with variations in performance patterns subsequently explained using regression...
Persistent link: https://www.econbiz.de/10009477429
1. Australia has performed quite well over the last two decades in terms of real GDP per head; the GDP gains have not been fully reflected in other economic welfare measures (section 1). 2. Most economic reforms have important distributional effects, and these are often prolonged and enduring....
Persistent link: https://www.econbiz.de/10009451453
Firms with different ownership structure behave differently. Currently there are three major ownership structures in China’s industrial sector: state enterprises, collective enterprises, and private enterprises. Market-oriented economic reform has given great autonomy to firm managers in terms...
Persistent link: https://www.econbiz.de/10009451455
There is no doubt that large changes in government policy towards economic reform are vitally important: some two decades ago Myanmar (Burma) was among the Asian nations with the highest per capita income but, by turning away from economic reform, government policy prevented the economy from...
Persistent link: https://www.econbiz.de/10009451609