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Political Uncertainty and Crime in Transition Economies Two stylized facts are often used to characterize the economies in transition: an increase in the crime level and frequent government changes, where the party in power is replaced by another party with a different, and often opposite,...
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Transaction Context Model, which highlights the role of perceived risk. Our results confirm that higher product risk increases the … probability that e-retailers adopt lower-risk, ‘pay now' instruments (such as debit cards). Moreover, merchants who offer higher-risk … delivery options are also more prone to adopt higher-risk payment instruments (such as credit cards). Our control variables …
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The rapid accumulation and persistence of interenterprise credits and arrears is a fairly common phenomenon in transition economies, posing serious policy concerns. A general equilibrium model of production chains is presented to analyze this phenomenon and provide policy implications. The model...
Persistent link: https://www.econbiz.de/10014178493
Two stylized facts are often used to characterize the economies in transition: an increase in the crime level and frequent government changes, where the party in power is replaced by another party with a different, and often opposite, ideological orientation. We investigate the impact on agents'...
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