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possibility of implementing far reaching pro-market reforms and show that competition beliefs underlay support for economic reform …We analyse and compare individual beliefs about the effects of competition and their evolution over time in transition … economies and experienced market economies. At the onset of transition, competition beliefs in transition countries are far more …
Persistent link: https://www.econbiz.de/10010324147
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
This paper looks at public support for the creation of a market economy in Eastern Europe. As a data base, the Central and Eastern Eurobarometers surveys are employed, covering up to 21 countries over a time period of 1990-96 and totalling more than 100000 observations on individuals. The...
Persistent link: https://www.econbiz.de/10010301239
mobility. Although rapid growth has resulted in convergence among ASEAN members, it has also increased polarization within … invest more in education and health, and to institute land reform. …
Persistent link: https://www.econbiz.de/10010507527
This paper examines the impact of oil on economic growth in transition economies of the former Soviet Union (FSU) and Central and Eastern Europe (CEE). We use oil production and reserves data in a series of panel estimations to show that oil has had strong and robust positive growth effects...
Persistent link: https://www.econbiz.de/10011753172
potential growth and the impact of mega trends on future convergence. The CESEE region under discussion here comprises the EU …
Persistent link: https://www.econbiz.de/10013369935
convergence, and a carefully estimated econometric model of lagged adjustment confirms this. On average, a 1% decrease in the per … transition country by 0.7%. There are differences in the rate of convergence across countries, and these depend on two parameters … fastest convergence rates given these parameters are the Czech Republic, Bulgaria, Croatia and Turkey. The forecast values for …
Persistent link: https://www.econbiz.de/10011324962
reform to the acquis is costly, while the EU prefers substantially reformed candidates. A waiting game unfolds. Within this … evaluation of applicants to a third party, compensating applicants for their reform efforts or increasing the benefits for new …
Persistent link: https://www.econbiz.de/10010276550
We propose exploiting the term structure of relative interest rates to obtain estimates of changes in the timing of a currency crisis as perceived by market participants. Our indicator can be used to evaluate the relative probability of a crisis occurring in one week as compared to a crisis...
Persistent link: https://www.econbiz.de/10010293408
This paper analyzes the equilibrium level of private credit to GDP in 11 Central and Eastern European countries in order to see whether the high credit growth recently observed in some of these countries led to above equilibrium private credit-to-GDP levels. We use estimation results obtained...
Persistent link: https://www.econbiz.de/10011604733