Showing 1 - 10 of 24
This paper analyzes the performance of Indian banks over the period of the last ten years. It uses the CAMEL Framework to determine the performance of public and private banks in India. The paper also conducts an empirical analysis to determine the share price performance of Indian banks...
Persistent link: https://www.econbiz.de/10009468759
The aim of this paper is to model the evolution of employment structure in post-communist economies in the broader context of deindustrialisation. The paper builds on the model of structural change developed by Rowthorn and Wells (1987). We show that the starting point of high industry sector...
Persistent link: https://www.econbiz.de/10009476688
and extensive price and trade liberalization, stringent monetary and fiscal stabilization, and the implementation of a …
Persistent link: https://www.econbiz.de/10009476836
Why are socially beneficial reforms not implemented? One simple answer to this question (which has received little attention in the literature) is that this may be caused by generalised uncertainty about the effectiveness of reforms. If agents are unsure about whether a proposed reform will...
Persistent link: https://www.econbiz.de/10009476901
Why do some countries adopt market-oriented reforms such as deregulation, privatization and liberalization of …
Persistent link: https://www.econbiz.de/10009477140
Capital account liberalization and exchange rate regime choice, what scope for flexibility in Tunisia? This study …. Simulations outcomes reveal that capital account liberalization in the Tunisian economic context is compatible with a flexible …
Persistent link: https://www.econbiz.de/10009477444
This paper seeks to provide an answer to the following question, namely when and how does privatization work? Using a unique sample of 201 firms headquartered in 32 developing countries, we document a significant increase in profitability, efficiency, investment and output. Next, using...
Persistent link: https://www.econbiz.de/10009477478
This study analyzes the impact of stock market liberalization on emerging equity market volatility, in twelve emerging … markets from February 1976 to December 2006. A liberalization period is constructed to capture all identified market openings … liberalization on stock market volatility while controlling for the fundamental sources of emerging equity market volatility. Finally …
Persistent link: https://www.econbiz.de/10009429052
We document that bid-ask spreads decrease substantially for stocks that moved from Nasdaq to the NYSE between 1996 and 2000, and that spread reductions continued to be observed after the 1997 market reforms. Somewhat surprising in light of these reforms, the largest spread reductions are for...
Persistent link: https://www.econbiz.de/10009434944
We test the effect of entry on the tariff choices of incumbent cellularfirms. We relate the change in the breadth of calling plans between1996, when incumbents enjoyed a duopoly market, and 1998, whenincumbents faced increased competition from personal communicationsservices (PCS) firms. Entry...
Persistent link: https://www.econbiz.de/10009435072