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Zur Konsistenz und Glaubwürdigkeit von Wirtschaftsreformen: Einige Erfahrungen und Lehren für die Systemtransformation in Mittel- und Osteuropa
Nunnenkamp, Peter; Schmieding, Holger - 1991
eingeleitet werden. • Eine schnelle Privatisierung kann die Glaubwürdigkeit der Systemtransformation stärken, die Reagibilität des …
Persistent link: https://www.econbiz.de/10010295113
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Timing and sequencing of reforms: Competing views
Funke, Norbert - 1993
concept of credibility provides in many cases a fruitful link between both categories of proposals. Historical lessons as well …
Persistent link: https://www.econbiz.de/10010275349
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Gaining credibility and enhancing economic growth through regional integration: The case for EU membership of Eastern Europe
Piazolo, Daniel - 1997
countries (CEECs) can potentially enhance the credibility of their governments' policies through institutional integration with … the EU. The paper discusses the credibility problems faced by the CEECs and shows how EU membership will enhance the … institutional setting and the governments' credibility. Based on regression results between an indicator of institutional change and …
Persistent link: https://www.econbiz.de/10010275452
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Woran scheitern Stabilisierungs- und Liberalisierungsprogramme? Lehren aus Entwicklungsländern für den Transformationsprozeß in Osteuropa
Nunnenkamp, Peter; Funke, Norbert - In: Wirtschaftliche Liberalisierung in Industrie- und …, (pp. 153-174). 1992
Persistent link: https://www.econbiz.de/10010318027
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Happiness in Eastern Europe
Hayo, Bernd - 2004
This paper analyses the determinants of happiness in seven Eastern European transition countries during the early phase of economic transition. The analysis of representative survey data in an ordered logit model shows that those core socio-demographic and economic variables known to be relevant...
Persistent link: https://www.econbiz.de/10010265761
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Inflation targeting, between rhetoric and reality: The case of transition economies
Daianu, Daniel; Lungu, Laurian - 2006
The paper examines the inflation targeting regime in the context of transition economies. Recent years have witnessed an increasing number of central banks in these countries moving towards the implementation of inflation targeting regimes. However, the success of such a regime depends largely...
Persistent link: https://www.econbiz.de/10011470768
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Forecasting the central bank’s inflation objective is a good rule of thumb
Diron, Marie; Mojon, Benoît - 2005
This paper first shows that the forecast error incurred when assuming that future inflation will be equal to the inflation target announced by the central bank is typically at least as small and often smaller than forecast errors of model-based and published inflation forecasts. It then shows...
Persistent link: https://www.econbiz.de/10011604610
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Membership has its Privileges: On the Effects of Delegating Powers Internationally
Voigt, Stefan - 2005
This paper analyzes whether nation-state governments can increase their credibility by becoming members of … international organizations. Credibility is an important asset because it determines the real interest rate and is expected to have … organizations can improve the credibility of nation-state governments. This hypothesis is tested by introducing a new indicator. On …
Persistent link: https://www.econbiz.de/10010263282
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Does membership in international organizations increase governments' credibility?: testing the effects of delegating powers
Dreher, Axel; Voigt, Stefan - 2008
This paper analyzes whether nation-state governments can increase their credibility by becoming members of … international organizations. Credibility is an important asset because it determines the real interest rate and is expected to have … organizations can improve the credibility of nation-state governments. This hypothesis is tested by introducing three new indicators …
Persistent link: https://www.econbiz.de/10010264350
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The role of credibility and fundamentals in a funded pension system: a Markov switching analysis for Australia and Iceland
Bonasia, Mariangela; Napolitano, Oreste - 2007
Since the turn of the millennium the problem of credibility of the social security system has spread to the private … credibility of pension fund performance and, as a consequence, of pension reform. Our credibility indicator is derived from a CAPM … fundamentals and the credibility of pension fund investment and the asymmetric effects of the fundamentals in the two regimes of …
Persistent link: https://www.econbiz.de/10010265691