Showing 1 - 10 of 49
Ever since the beginning of the nineties, interconnection pricing emerged as a high priority regulatory policy question. As more and more state-owned monopolies were privatized, their essential facility (or simply their network) had to be opened to competition. The most viable practice was...
Persistent link: https://www.econbiz.de/10009429009
Incluye bibliografía ; Este trabajo estudia la delegación de la emisión de deuda soberana en una autoridad independiente, en el contexto de una unión monetaria donde el gasto público se determina de manera descentralizada. En el modelo, ningún agente puede comprometerse definitivamente a...
Persistent link: https://www.econbiz.de/10012530420
Motivado por la persistencia de los déficits públicos en muchos países de la UME, en contra de los compromisos de sus propias reglas fiscales, este papel estudia un régimen fiscal alternativo, según el cual cada país miembro delegaría el control de algún instrumento fiscal a una...
Persistent link: https://www.econbiz.de/10012530548
We analyze the effects of EU adoption of a Sky Trust (Barnes and Breslow 2003) on the income distribution of Hungary, a …
Persistent link: https://www.econbiz.de/10009467753
empirical test using the massive increase in the minimum wage that took place in Hungary in 2001 as a quasi-natural experiment. …
Persistent link: https://www.econbiz.de/10009476896
While a variety of studies analysed the benign effects of privatisation on firm performance under post-socialist transition using financial data very little is known about how the apparent productivity gains were achieved. This paper follows a weaving mill from 1998 to 1997 on its way of...
Persistent link: https://www.econbiz.de/10009477058
Differences in regional unemployment in post-communist economies are large and persistent. We show that within-country regional variation in inherited human capital in four such economies explains the bulk of regional variation in unemployment; we explore potential explanations. Our evidence...
Persistent link: https://www.econbiz.de/10009477362
Under perfect competition and constant returns to scale, firms producing homogeneous products set their prices at their marginal costs which also equal their average costs. However, the departure from these standard assumptions has important implications with respects to the derived theoretical...
Persistent link: https://www.econbiz.de/10009477454
We take a retrospective look at Hungary's experiment with a particularly draconian bankruptcy law. For an eighteen …
Persistent link: https://www.econbiz.de/10009477469
The impact of FDI on total factor productivity in Hungary during the 1990s' is assessed with a large enterprise panel …
Persistent link: https://www.econbiz.de/10009477504