Utilizing a unique data set based on companies' annual reports and local leading financial publications; data from privatization of state-controlled enterprises; world merger and acquisitions (M&As) and financial data from the Mexican (BMV) and New York (NYSE) stock exchanges, this paper studies...

This study analyzes the impact of imminent reclassification of credit rating on the decision-making regarding capital structure of non-financial corporations listed in Latin America. Despite the importance attributed by the market agents and the existence of empirical evidence of the effect...

Economists around the world rely in addition to official statistics on business (and consumer) surveys, which are more up-to-date. However, for many emerging and developing countries there is a lack of such surveys. This gap can, at least partly, be filled by the Ifo World Economic Survey (WES)....

In this paper we provide an account of most of the passive labor market policies (unemployment compensation, social assistance, state social support and the pension system) in the Czech Republic during the 1990-1996 period. The eligibility requirements and benefit levels are described in great...