Contents: Steiner, Helmut: Vorwort. - Tamas, Pal: Introduction to three national reports: Poland, Hungary, Czech Republic. - Federowicz, Michail/Jasiecki, Krzysztof/Wesolowski, Wlodzimierz: The Business Elites of Poland. - Tamas, Pal: The Hungarian Business Elite: Behaviour, Business Culture,...

Mass privatization offers a particularly suitable framework to study the change in ownership concentration as the extent of change is unusual for a stable market economy. Focusing on two different mass privatization schemes in two transition economies, Poland and the Czech Republic, we find that...

Dem Beitritt zur Europäischen Union (EU), den zahlreiche Länder anstreben, wird mit einiger Verzögerung die Einführung des Euro folgen. Schon jetzt stellen sich daher zwei grundsätzliche Fragen: Erstens, ist die Europäische Zentralbank (EZB) auch dann mit den derzeit gegebenen...

This paper uses data on currency options prices for the exchange rates of the three largest new EU member states Poland, Czech Republic and Hungary vis-à-vis the euro and the US dollar to estimate the risk-neutral density (RND) functions and the density interval bands. Analysing the RNDs, we...