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Unemployment in reforming countries : causes, fiscal impacts and the success of transformation
Treier, Volker - 1999
The paper addresses and summarizes the role of unemployment in the transformation process from an economic system with a dominant state sector to a system with a dominant private sector. After reviewing the basic facts and some of the main explanations why unemployment is high during transition...
Persistent link: https://www.econbiz.de/10010499922
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The unfinished business of state-owned enterprise reform in the People's Republic of China
Holz, Carsten A. - 2019
This paper examines the progress of state-owned enterprise (SOE) reform in the People's Republic of China. After defining SOEs and considering their scope of operation within the PRC economy, the focus of the paper is on the major reform waves that followed the deterioration of SOE profitability...
Persistent link: https://www.econbiz.de/10012026451
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It's fundamental: welfare theorems, market failures, and the turn from "public finance" to "public economics"
Medema, Steven G. - 2022 - Version 1.3
In a paper delivered at the December 1955 meeting of the Econometric Society, Paul Samuelson noted that though economists had done "work of high quality and great quantity in the field of taxation," the theory of public expenditure had been "relatively neglected" (1958, 332). Anglo-American...
Persistent link: https://www.econbiz.de/10013411358
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The influence of leveraged buyouts on target firms' competitors
Grupp, Marcel; Rauch, Christian; Umber, Marc; Walz, Uwe - 2015 - This Version: April 2015
us to analyze the effects different restructuring activities as part of the LBO have on the competitors' revenues. These … restructuring activities include changes to leverage, governance, or operating business, as well as M&A activities of the LBO target … company. We find that although LBOs itself have a negative influence on competitors' revenue growth, some restructuring …
Persistent link: https://www.econbiz.de/10010515433
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The political economy of dominant investors
Perotti, Enrico C.; Thadden, Ernst-Ludwig von - 2005
We allow the preference of a political majority to determine boththe corporate governance structure and the division of profits betweenhuman and financial capital. In a democratic society where financialwealth is concentrated, a political majority may prefer to restraingovernance by dispersed...
Persistent link: https://www.econbiz.de/10011337975
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Recovery not fast enough? : notes on speeding up
Patrón, Rossana - 2013
Persistent link: https://www.econbiz.de/10010232550
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Restructuring in France's innovation system : from the mission-oriented model to a systemic approach of innovation
Dosso, Mafini - 2014
The paper discusses the transitional phase of the French innovation system focusing on the activities that influence the development and diffusion of innovations. It shows that the current system combined persistent elements of the traditional mission-oriented model with new systemic...
Persistent link: https://www.econbiz.de/10010244573
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The importance of reallocation for productivity growth : evidence from European and US banking
Bos, Jaap W. B.; Santen, Peter C. van; Schilp, Paul - 2013
Persistent link: https://www.econbiz.de/10010199472
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Control transfers in corporate Germany : their frequency, causes and consequences
Köke, F. Jens - 2001
This study examines changes in block ownership for a large sample of listed and non-listed German firms. The frequency of block trading is similar to other countries, and the vast majority of block trades leads to changes in ultimate ownership (control transfers). Such changes are more likely...
Persistent link: https://www.econbiz.de/10011445220
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Post-EPIRA impacts of electric power industry competition policies
Navarro, Adoracion M.; Detros, Keith C.; Dela Cruz, … - 2016
Power Industry Restructuring Act of 2001 (EPIRA). It traces the evolution of the electric power industry before EPIRA and …
Persistent link: https://www.econbiz.de/10011535528