Similar Search Results

Reputation Flows: Contractual Disputes and the Channels for Inter-firm Communication

Pyle, William - 2003

conveying reputational information. Based on evidence from five transition countries, we find that trade associations’ role as …

Persistent link: https://www.econbiz.de/10009477449

Internal Barriers in the Transition of Enterprises from Central Plan to Market

Vlachoutsicos, Charalambos - 1999

While a number of transition countries have been able to make significant progress with macroeconomic stabilization … transition at the level of the enterprise. Not knowing what to change and what to leave in place -either because of its intrinsic … paper is to present the insights revealed by our study on the barriers obstructing the transition of enterprises from …

Persistent link: https://www.econbiz.de/10009477455

Equilibrium Real Exchange Rates in Central Europe's Transition Economies: Knocking on Heaven's Door

Égert, Balázs - 2002

The purpose of this paper is to study the equilibrium real exchange rate (ERER) in 5 CEE transition economies, namely … among the 5 transition countries. …

Persistent link: https://www.econbiz.de/10009477472

PRIVATE SAVINGS IN TRANSITION ECONOMIES: ARE THERE TERMS OF TRADE SHOCKS?

Chowdhury, Abdur R. - 2003

The paper examines the impact of terms of trade shocks on private savings in the transition economies after accounting … for the effect of other determinants. Economic agents in the transition economies are subject to tight credit constraints … and data from twenty one transition economies confirm that most of the determinants of savings identified in the …

Persistent link: https://www.econbiz.de/10009477481

Direct Foreign Investments And Productivity Growth In Hungarian Firms, 1992-1999

Sgard, Jérôme - 2001

The impact of FDI on total factor productivity in Hungary during the 1990s' is assessed with a large enterprise panel. Foreign equity is associated with higher productivity levels and has a substantial, positive spillover effect on aggregate TFP growth. However, this benefit is significant only...

Persistent link: https://www.econbiz.de/10009477504

Equilibrium Exchange Rates in the Transition: The Tradable Price-Based Real Appreciation and Estimation Uncertainty

Égert, Balázs; Lommatzsch, Kirsten - 2004

This paper sets out to estimate equilibrium real exchange rates for the Czech Republic, Hungary, Poland, Slovakia and Slovenia. A theoretical model is developed that provides an explanation for the appreciation of the real exchange rate based on tradable prices in the acceding countries. Our...

Persistent link: https://www.econbiz.de/10009477513

Interest Rate Pass-Through in New EU Member States: The Case of the Czech Republic, Hungary and Poland

Crespo-Cuaresma, Jesús; Égert, Balázs; Reininger, Thomas - 2004

The characteristics of the interest rate pass-through in the Czech Republic, Hungary and Poland are studied making use of autoregressive distributed lags (ARDL) models. Significant differences are found across market interest rates and countries concerning long-run elasticities of market...

Persistent link: https://www.econbiz.de/10009477526

Investment and Finance in De Novo Private Firms: Empiracal Results from the Czech Republic, Hungary and Poland

Bratkowski, Andrzej; Grosfeld, Irena; Rostowski, Jacek - 1999

capital markets in Central European economies do not seem to actually inhibit the growth of Central European transition … transition economies studied, but they provide quite a large amount of financing and do so from a remarkably early stage of the …

Persistent link: https://www.econbiz.de/10009477534

Exchange Rate Regimes and Volatility: Comparison of the Snake and Visegrad

Valachy, Juraj; Ko?enda, Evžen - 2003

Exchange rate stability was defined as one of the prerequisites for monetary integration in Europe. In this paper, we analyze recent developments in the volatility of exchange rates of the Central European countries (the Visegrad Group) and a selected group of European Union countries (the...

Persistent link: https://www.econbiz.de/10009477538

Credit Market Disequilibrium in Poland: Can We Find What We Expect? Non-Stationarity and the “Min”Condition

Hurlin, Christophe; Kierzenkowski, Rafal - 2003

. Using data over this period of deep transition, we estimate a disequilibrium model with a standard maximum likelihood method …

Persistent link: https://www.econbiz.de/10009477542