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remained stable during recent years. This may indicate that the transformation process has come to an end with regard to … savings. Is saving behaviour in EU-accession countries now driven by the same forces as it is in market economies? We use a …
Persistent link: https://www.econbiz.de/10011436998
The paper seeks to add to the existing literature on aggregate and private savings by focusing on transition economies …, aggregate and private savings are driven by almost the same forces - this is the central focus of the paper. The most important …
Persistent link: https://www.econbiz.de/10011434227
The paper seeks to add to the existing literature on aggregate and private savings by focusing on transition economies …, aggregate and private savings are driven by almost the same forces – this is the central focus of the paper. The most important …
Persistent link: https://www.econbiz.de/10010260767
In this paper we compare the nature and determinants of outflows from unemployment in the case of the Czech and Slovak Republics which in early 1990's experienced a process close to a controlled experiment. Overall, our study suggests that the exceptionally low unemployment rate in the Czech...
Persistent link: https://www.econbiz.de/10013149069
In this paper we compare the nature and determinants of outflows from unemployment in the case of the Czech and Slovak Republics, which in early 1990's experienced a process close to a controlled experiment. Overall, our study suggests that the exceptionally low unemployment rate in the Czech...
Persistent link: https://www.econbiz.de/10014044937
After the collapse in early transition years, saving rates in Eastern European EU-accession countries have recovered strongly. Is private saving in these countries now driven by the same forces as in the EU? A GMM estimator is applied to analyze the determinants of private saving in both country...
Persistent link: https://www.econbiz.de/10011438969
The theoretical analysis of structural changes in the context of economic growth has a long tradition. However, studies which analyze the empirical relationship between these two economic categories are still very rare. In the literature, whether growth causes structural changes or the other way...
Persistent link: https://www.econbiz.de/10011844751
This article examines the impact of the banking sector development on households' saving dynamics in the emerging economies of Eastern Europe. For this purpose, we use the mean group FMOLS estimator to estimate the saving function augmented with variables characterizing three dimensions of the...
Persistent link: https://www.econbiz.de/10013023561
After the collapse in the early transition years, saving rates in Eastern European EU-accession countries have recovered strongly. But is private saving in these countries now driven by the same forces as in the EU? A GMM estimator is applied to analyze the determinants of private saving in both...
Persistent link: https://www.econbiz.de/10014065939
This paper investigates the presence of the relationship between private and government consumption through panel data techniques. Using a panel from different transitional countries, from 1990 to 2003, it applies the panel cointegration and causality methodologies. The study finds statistical...
Persistent link: https://www.econbiz.de/10012729972