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Our proposal draws on the premise that the availability of stable demand deposits for bank lending, in the process of which inside money is created, does not require any act of intentional saving. The mechanism allowing banks to lend deposits does not function well in low-income countries, owing...
Persistent link: https://www.econbiz.de/10005599573
negative effect in Russia, and they provide some evidence of positive foreign effects on both wages and employment in all four … dominates the efficiency effect. -- privatization ; employment ; wages ; foreign ownership ; Hungary ; Romania ; Russia …We analyze the effects of privatization on firm-level wages and employment in four transition economies. Contrary to …
Persistent link: https://www.econbiz.de/10003435299
We estimate the effects of privatization on firm-level wages and employment in four transition economies. Applied to … impacts on both employment and wages in all four countries. The negligible consequences of domestic privatization for workers … effects of all types in Russia and Ukraine. The positive employment outcome under foreign ownership results from a substantial …
Persistent link: https://www.econbiz.de/10003292441
Persistent link: https://www.econbiz.de/10003267850
We estimate the effects of privatization on firm-level wages and employment in four transition economies. Applied to … impacts on both employment and wages in all four countries. The negligible consequences of domestic privatization for workers … effects of all types in Russia and Ukraine. The positive employment outcome under foreign ownership results from a substantial …
Persistent link: https://www.econbiz.de/10014060272
Persistent link: https://www.econbiz.de/10011546634
Persistent link: https://www.econbiz.de/10009765819
’ productivity through more efficient use of capital and labor. Acquirers significantly reduce capital expenditures, wages, and … employment in target plants, though output is unchanged. Acquirers improve targets’investment efficiency through better capital …
Persistent link: https://www.econbiz.de/10010639270
' productivity through more efficient use of capital and labor. Acquirers reduce capital expenditures, wages, and employment in …
Persistent link: https://www.econbiz.de/10010665553
Persistent link: https://www.econbiz.de/10003265129