Similar Search Results

Would a Privatized Social Security System Really Pay a Higher Rate of Return?.

Geanakoplos, J.; Mitchell, O.S.; Zeldes, S.P. - Graduate School of Business, Columbia University - 1998

As the U.S. Social Security system has matured, the rate of return received by participants has fallen. In the coming years, around the time the Baby Boom generation retires, the system will experience a budget shortfall. Many advocates of reform suggest that an answer to this problem is to...

Persistent link: https://www.econbiz.de/10005630960

Poland's mass privatization program

Puntillo, R.; Ipsen, D. - In: The European Journal of Finance 2 (1996) 1, pp. 41-55

This paper analyses three corporate finance aspects of Poland's proposed mass privatization program (MPP): design … to mass privatization. Poland's MPP is designed to privatize en masse over 400 mid-to-large size Polish SOEs. In the mid …

Persistent link: https://www.econbiz.de/10005632819

Property Rights and Market: Employee Privatization as a Cooperative Bargaining Process.

Marini, M. - Center for Operations Research and Econometrics (CORE), … - 1996

The paper presents a game-theoretic model to investigate to what extent an employee privatization program of State …

Persistent link: https://www.econbiz.de/10005634084

Proprietes d'equivalence des differents modes de financement des retraites.

Belan, P - Groupement de Recherche en Économie Quantitative … - 1997

We consider an overlapping generations model with endogenous labor supply. Individuals live for two periods and have different skills. We state equivalence properties of different transfer policies, assuming the government cannot identify individuals and has a limited range of instruments that...

Persistent link: https://www.econbiz.de/10005634414

Back to the Future for African Infrastructure? Why State-Ownership Is No More Promising the Second Time Around

Nellis, John - 2006

Too many African state-owned enterprises (SOEs), particularly those in infrastructure sectors, have a long history of poor performance. African governments and donors labored through the 1970s and 1980s to improve SOE performance through “commercialization”——i.e., methods short of...

Persistent link: https://www.econbiz.de/10005227027

R&D policy and privatization in a mixed oligopoly

Gil-Moltó, María José; Poyago-Theotoky, Joanna; … - School of Business and Economics, Loughborough University - 2006

privatization on welfare. We show that when R&D subsidies are employed, privatization is welfare and R&D promoting provided that the …

Persistent link: https://www.econbiz.de/10005230793

Agrarian transition in the former Soviet Union Central Asia : stagnation and progress

SPOOR, M. - Institute of Social Studies (ISS) - 1997

Persistent link: https://www.econbiz.de/10005232851

Efficiency of French Privatizations:A Dynamic Vision

Alexandre, Hervé; Charreaux, Gérard - Université de Bourgogne - CREGO EA7317 Centre de … - 2001

. A reading of the process of privatization through the corporate governance theory resulted in working out a model making … it possible to take into account, on the one hand, the time dimension of the process of privatization, on the other hand … traditionally to privatizations is not truly confirmed for French privatizations, at least on the horizon considered. Privatization …

Persistent link: https://www.econbiz.de/10005466888

Delayed privatization

Bortolotti, Bernardo; Pinotti, Paolo - Banca d'Italia - 2008

This paper studies the timing of privatization in 21 major developed economies in the 1977-2002 period. Duration …: privatization is delayed longer in democracies characterized by a larger number of parties and operating under proportional …

Persistent link: https://www.econbiz.de/10005467293

Electricity Reforms in Mali: A Macro–Micro Analysis of the Effects on Poverty and Distribution

Boccanfuso, Dorothée; Estache, Antonio; Savard, Luc - Département d'économique, Faculté d'administration - 2007

This paper uses a computable general equilibrium (CGE) microsimulation model to explore the distributional and poverty-related effects of price reform in the electricity sector of Mali, a poor country in West Africa. In the first part of the paper we analyze the distribution of electricity in...

Persistent link: https://www.econbiz.de/10005467340