type="main" xml:id="ecot12044-abs-0001" <title type="main">Abstract</title> <p>We perform event analysis on particular episodes of tension in the Korean peninsula between 2000 and 2008, and investigate the effect of the events on South Korean financial markets (stock markets, bond yield spreads and the exchange rate) given...</p>

type="main" xml:id="ecot12052-abs-0001" <title type="main">Abstract</title> <p>Estimating the public–private sector earnings differentials in Serbia from 1995 until 2008 this paper finds significant changes at the mean and across the earnings distribution. The results show that the average public sector pay gap was...</p>

type="main" xml:id="ecot12046-abs-0001" xml:lang="en" <title type="main">Abstract</title> <p>Using rich survey data of micro firms in Eastern Europe and Central Asia, I analze the effect of recent changes in microcredit market structure on perceived financing obstacles. Controlling for country, time and firm characteristics,...</p>

type="main" xml:id="ecot12039-abs-0001" <title type="main">Abstract</title> <p>How does the deterioration of rule of law in Russia in recent years affect its ability to move away from an export pattern dominated by natural resources? We investigate this question using three datasets for Russia's bilateral trade relations for...</p>

type="main" xml:id="ecot12042-abs-0001" <title type="main">Abstract</title> <p>This paper attempts to find a robust method of measuring competition when firms' operational activities are subject to frictions. The first part theoretically tests the indicative quality of two competition measures, the price-cost margin (PCM)...</p>

type="main" xml:id="ecot12036-abs-0001" <title type="main">Abstract</title> <p>Many studies have considered how democratization affects economic growth. We expand this work by allowing short- and long-run effects of democracy upon growth to differ since effects during political transitions need not coincide with those under...</p>

type="main" xml:id="ecot12053-abs-0001" xml:lang="en" <title type="main">Abstract</title> <p>This paper examines the causal effect that trade openness has on government size in small developing countries (SDCs). We use the construction of the trade cost variables based on Baltic Dry Index in primary goods as instruments of...</p>