auctions sell later for a 2.6% discount. This effect increases for properties failing multiple auctions and when no bids are …

Generally, privatization of state-owned enterprises is believed to enhance economic efficiency and competitiveness and … to improve the overall economic performance of a country. So, can there be too much privatization? We show that this … depends on the political objectives that are pursued with a privatization policy. We study two types of government: a budget …

Using a sample of 680 and 1,300 judicial and private auctions respectively, we analyze the effect on the wealth of … those the law is intended to protect of different regulations applicable to each type of auctions. We find that consistent … with a simple economic model, Courts assign judicial auctions in a discretional manner, and that the assigned auctioneers …

these schemes, several modes of privatization could be considered, including the provision of sickness benefits by employers … types of employer incentives seem to lower sickness rates, but they also come at the risk of increased under-reporting and …