Showing 1 - 10 of 44
The study of demographic trends in sub-Saharan Africa though crucial in the assessment of the impact of population size and growth on the overall socio-economic development in the region, has received the least attention due to lack of reliable data for most of the countries. This paper focuses...
Persistent link: https://www.econbiz.de/10009438868
This study investigates regional marital fertility differentials in Egypt and their relationship to the level of … birth rate in Egypt, the long term fertility and mortality levels are discussed. The prospects of a fertility transition in … Egypt are assessed in terms of the current fertility level and pattern, the extent of deliberate fertility regulation, the …
Persistent link: https://www.econbiz.de/10009439057
This thesis presents two essays in Corporate Finance. In the first essay, I use the August 2007 crisis episode to gauge the effect of financial contracting on real firm behavior. I identify heterogeneity in financial contracting at the onset of the crisis by exploiting ex-ante variation in...
Persistent link: https://www.econbiz.de/10009477629
There is a continuing debate on whether or not ownership changes accompanying privatization of state-owned enterprises … of telecommunication firms around the world, 4 years before and 4 years after privatization, using two parallel measures … could corroborate stronger evidence for or against maintained hypothesis of performance improvements after privatization …
Persistent link: https://www.econbiz.de/10009441699
and revisits policy implications. Practical implications – No one policy fits all in Indonesia for privatization programme …
Persistent link: https://www.econbiz.de/10009441700
Privatization and market liberalization are widely considered to be complementary reforms in transition economies. This … pursued too vigorously, privatization may actually impede the transition process following market liberalization. Our result … analysis, less than full privatization is optimal when the costs of learning are sufficiently important. …
Persistent link: https://www.econbiz.de/10009447260
This paper examines the fiscal impact of privatization revenues in 47 developing countries. There are many reasons that … privatization is attractive for the central government of developing countries. If substantial, these revenues from the sale of … state owned enterprises can present a potential solution to persistent deficits. On the other hand, the privatization …
Persistent link: https://www.econbiz.de/10009468754
Actual investment performance reflects the underlying strategy of the portfolio manager and the execution costs incurred in realizing those objectives. Execution costs, especially in illiquid markets, can dramatically reduce the notional return to an investment strategy. This paper examines the...
Persistent link: https://www.econbiz.de/10009476685
This paper uses a survey of 3,300 firms in 25 transition countries to shed light on the factors that influence restructuring by firms and their subsequent performance as measured by growth in sales and in sales per employee over a three-year period. We begin by surveying what a decade of...
Persistent link: https://www.econbiz.de/10009476768
mass privatization program) creates severe supply-and-demand shocks for enterprises, inducing firm failure. This leads to a …
Persistent link: https://www.econbiz.de/10009476836