Narrow search
Showing 1 - 10 of 9,417
Cover Image
The impact of institutional volatility on financial volatility in transition economies: a GARCH family approach
Hartwell, Christopher A. - Siirtymätalouksien tutkimuslaitos, Suomen Pankki - 2014
The volatility of financial markets has been a relevant topic for transition economies, as the countries of Central and … Eastern Europe and the former Soviet Union have seemingly endured high levels of volatility in their financial sectors during … the transition process. But what have been the determinants of this financial volatility? This paper posits that …
Persistent link: https://www.econbiz.de/10010752334
Cover Image
Political Volatility and Capital Markets: Evidence from Transition
Hartwell, Christopher - HKUST Institute for Emerging Market Studies (IEMS), … - 2015
This paper looks at the effects of political volatility in transition economies to ascertain how nascent political … economies on financial volatility, political volatility, and monetary policy to test the drivers of financial volatility in … the informal realm in order to avoid potentially damaging financial volatility. The need for consistent political …
Persistent link: https://www.econbiz.de/10011266148
Cover Image
Economic Institutions and Economic Growth in the Former Soviet Union Economies
Spreafico, Marta - Dipartimenti e Istituti di Scienze Economiche, … - 2010
The aim of this paper is to assess the importance of economic institutions, measured by an index built from the E.B.R.D. (European Bank for Reconstruction and Development) indicators, for the pattern of economic growth. Though it focuses on a particular set of transition economies, it is also...
Persistent link: https://www.econbiz.de/10008673586
Cover Image
Governance and Developing Asia: Concepts, Measurements, Determinants, and Paradoxes
Quibria, M.G. - Economics and Research Department, Asian Development Bank - 2014
Recent years have seen the emergence of a considerable volume of literature on governance and its role in economic and social development of a country. This paper provides a critical review of the literature. This review brings into the open a number of serious conceptual, measurement, and data...
Persistent link: https://www.econbiz.de/10010992042
Cover Image
Economic growth in the post-socialist Russian Federation after 1991: The role of Institutions
Dobler, Constanze; Hagemann, Harald - Institut für Volkswirtschaftslehre, Fakultät … - 2011
The paper emphasizes the transition in Russia and the role institutions played before and during the process. In Russia, a big bang approach was applied. That is to say, transition was conducted all of a sudden, omitting important underlying reforms. This practice should function as a shock...
Persistent link: https://www.econbiz.de/10009647155
Cover Image
What Can Growth Rates Tell Us? A Short-Run Decomposition Method
Lim, Steven; Vaillant, Jason Le; Wu, Harry X. - Department of Economics, Waikato Management School - 2012
Consider time series output data for two sectors, industry and agriculture. By examining just the output data themselves, what can we say about the relative impact of institutional/policy factors, intrasectoral competition for resources, and intersectoral linkages on each sector’s growth?...
Persistent link: https://www.econbiz.de/10010897127
Cover Image
Characteristics of Informal Economy and Competitiveness in Transition to Market Economy
Vassileva, Evgenia - In: Economic Studies journal (2007) 4, pp. 126-152
The article examines the specific conditions and characteristics, which underlie the development of the informal economy and competitiveness and their interrelation in transition economies. A system of competitiveness indicators has been defined, which were subsequently, taking into account the...
Persistent link: https://www.econbiz.de/10005570008
Cover Image
FINANCIAL DEVELOPMENT AND INCOME DISTRIBUTION: A SYSTEM GMM PANEL ANALYSIS WITH APPLICATION TO URBAN CHINA
Liang, Zhicheng - In: Journal of Economic Development 31 (2006) 2, pp. 1-21
Financial development has strongly influenced the pattern of income distribution in post-reform China. In this paper, using Chinese provincial data over the period of 1986-2000 and applying the Generalized Method of Moment (GMM) techniques, we investigate the finance-inequality nexus in urban...
Persistent link: https://www.econbiz.de/10009351207
Cover Image
A puha költségvetési korlát I.
Kornai, János; Maskin, Eric; Roland, Gérard - In: Közgazdasági Szemle (Economic Review - monthly of the … LI (2004) 7, pp. 608-624
A tanulmány javaslatot tesz a puha költségvetési korlát fogalmának tisztázására. A fogalmat széles körben alkalmazzák mind a szocialista és posztszocialista, mind pedig a piaci gazdaságok elemzése során. A szerzők által megfogalmazott értelmezés fel öleli a puha...
Persistent link: https://www.econbiz.de/10011124261
Cover Image
A puha költségvetési korlát - II.
Kornai, János; Maskin, Eric; Roland, Gérard - In: Közgazdasági Szemle (Economic Review - monthly of the … LI (2004) 9, pp. 777-809
A tanulmány javaslatot tesz a puha költségvetési korlát fogalmának tisztázására. A fogalmat széles körben alkalmazzák mind a szocialista és posztszocialista, mind pedig a piaci gazdaságok elemzése során. A szerzők által megfogalmazott értelmezés fel öleli a puha...
Persistent link: https://www.econbiz.de/10011124263