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From 1995 to 2001 Russia witnessed an asset market boom, a deep financial crisis, and a surprisingly forceful recovery …. An event study of this episode provides important insights for Emerging Market investment and Russia's medium … conditions. Together with persistent commitment towards international integration this heralds a long-term convergence of Russia …
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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...
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This paper suggests a two-dimensional concept of nonliberal capitalism: coordinated capitalism (as described in the … varieties of capitalism framework) and organized capitalism. While the coordination function of institutions canalizes … interests, class interests, or political interests). I construct an index on organized capitalism by combining data on ownership …
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expectations becoming more important in contemporary capitalism? … Kapitalismus verstehen? Und: Kommt es im Verlauf kapitalistischer Entwicklung zu einer Bedeutungszunahme fiktionaler Erwartungen? …
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