Showing 1 - 10 of 78
Swedish census data and tax records reveal an astonishing wage compression; the Swedish skill premium fell by more than 30 percent between 1970 and 1990 while the U.S. skill premium, after an initial decline in the 1970s, rose by 8-10 percent. Since then both skill premia have increased by...
Persistent link: https://www.econbiz.de/10005661889
This paper empirically tests the link between trade openness and enterprise restructuring in Bulgaria. It belongs to a recent line of work in the empirical trade literature that investigates the effects of trade policy on firm behaviour. The trade liberalization following the 1991 economic...
Persistent link: https://www.econbiz.de/10005662077
This paper discusses the potential role of a Euro-Mediterranean Agreement (EMA) in helping Middle East and North African governments implement structural economic reforms. The arguments for and against preferential liberalization are summarized, identifying a number of necessary conditions for...
Persistent link: https://www.econbiz.de/10005136673
We use time-series methods to estimate a simple aggregate supply and demand model in order to analyse the comparative performance of fixed and flexible exchange rate systems and test competing hypotheses designed to explain shifts between exchange rate regimes. The paper provides a coherent...
Persistent link: https://www.econbiz.de/10005136700
varies across regions. We study the effects of privatization, the importance of different types of owners, the effects of …
Persistent link: https://www.econbiz.de/10005504282
Using panel data of 19 developed economies in the period 1985-2000, we show that share issue privatization (SIP …
Persistent link: https://www.econbiz.de/10005504346
Using a new data set of the telecommunications sector on privatization (1981-98 for 167 countries) and competition … policies (1990-98 for roughly 50 countries), this Paper investigates the political economy determinants of privatization and …
Persistent link: https://www.econbiz.de/10005504478
This paper examines the role of liability for past environmental contamination in the privatization processes of … hypotheses regarding a privatization agency’s responses to the investor’s knowledge of cleanup costs. The empirical section of …
Persistent link: https://www.econbiz.de/10005504606
Privatization is shown to increase national economic output in a two-sector full-employment general-equilibrium model …, or stabilization. The static output gain from reallocation and reorganization through privatization is captured in a …. Substitution of plausible parameter values into the formula indicates that, in practice, the static output gain from privatization …
Persistent link: https://www.econbiz.de/10005504670
The British Government plans to privatise the British Gas Corporation in the autumn of 1986. The paper attempts to predict the possible consequences for the European gas market of privatisation, and their consequent implications for the United Kingdom. Much will depend on whether the Government...
Persistent link: https://www.econbiz.de/10005504766