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, property - particularly if open to innovation - plays a vital role in achieving this balance. This commentary explains four … normative principles that help design innovative property. Since the four principles derive from long-standing ideas about … property in land, the commentary uses a distinctly conservative approach. This approach, however, is quite innovative in the …
Persistent link: https://www.econbiz.de/10014475821
Persistent link: https://www.econbiz.de/10011696557
This essay argues that economic systems should be defined in terms of clusters of complementary institutions. To show how such an approach can be carried out, I use a cluster analysis technique and data on forty different economic institutions in OECD nations to isolate four quite different...
Persistent link: https://www.econbiz.de/10010327345
Persistent link: https://www.econbiz.de/10011695806
In 1996/1997 Bulgaria was hit by a severe financial crisis, spreading from a banking crisis to a currency crisis … also show how Bulgaria managed to overcome the crisis by introducing a second generation currency board allowing the …
Persistent link: https://www.econbiz.de/10010305440
Using Bulgarian Integrated Household Surveys for 1995, 1997 and 2001 this paper explores determinants of labor force status – not working, public sector employment, private sector employment and self-employment – and earnings for each of the three employment sectors. We find that while...
Persistent link: https://www.econbiz.de/10010261906
related to schooling, pre-transition family income, receipt of property in restitution, precommunist family business …
Persistent link: https://www.econbiz.de/10010262299
Using Bulgarian Integrated Household Surveys for 1995, 1997 and 2001 this paper explores determinants of labor force status – not working, public sector employment, private sector employment and self-employment – and earnings for each of the three employment sectors. We find that while...
Persistent link: https://www.econbiz.de/10010263229
Starting July the 1st 1997, Bulgaria adopted a Currency Board (CB) monetary system. This paper aims at investigating if … better (with respect to other CEEC) monetary integration of Bulgaria with the European Monetary Union (EMU). Since Bulgarian … terms of integration of Bulgaria into the EMU. …
Persistent link: https://www.econbiz.de/10010274842
expenditure surveys. We apply this method to the case of Bulgaria using LSMS income and expenditure surveys before and after a …
Persistent link: https://www.econbiz.de/10010278408