We examine effects of government-imposed employment targets on firm behavior. Theoretically, such policies create “polarization,“ causing low-productivity firms to exit the market while others temporarily distort their employment upward. Dynamically, firms are incentivized to improve...

The empirical literature comparing the innovation performance of state-owned enterprises (SOEs) and private firms in China often yields conflicting results. To shed new light on this debate, we construct an extensive dataset by linking the Annual Survey of Industrial Enterprises (ASIE) dataset...

This Brief studies patterns of political engagement among private firms in the European Union (EU). Using representative data, allowing for analysis at the level of NUTS2 regional groupings (EU regions varying from about 800,000 to 3 million inhabitants), various patterns of engagement emerge....

Private ordering enables investors to design firm-specific governance arrangements. Aided by specialized lawyers, sophisticated contracting parties can engage in complex private ordering exercises yielding agency cost-minimizing governance structures. Venture capital ('VC') contracting is a...

This data report describes the first wave of the RWI Climate-Mobility Panel, a recurring household survey that aims in particular to investigate individual mobility behavior and preferences with regard to mobility-related policies. It further includes information on attitudes towards...

This paper is a survey report based on two surveys launched in 2024 within the PES Network. It presents an overview and takes stock of how PES collaborate with external providers to deliver their services and new trends in those collaborations, without evaluating or comparing the impact and...

The report assesses two Department of Education's (DepEd) student financial assistance schemes under the Government Assistance to Students and Teachers in Private Education (GASTPE) program. Those schemes are the Educational Service Contracting (ESC) and the Senior High School Voucher (SHSV)...

Das Buch befasst sich mit einem der drängendsten Themen der Neuzeit: der wachsenden Bedeutung von Online-Plattformen wie Facebook und Amazon. Diese fungieren als außerstaatliche Regelsetzer. Die Beiträge untersuchen die verschiedenen Formen der Regelsetzung in der Plattformökonomie und die...

We show that life insurers have increased their lending in the private placement market over the past decade, totaling $849 billion, or 14%, on life insurers' balance sheets in 2024. A substantial part of the growth stems from private credit extension to financial borrowers and to privately...

I examine the pricing behavior of municipal and private firms in the unregulated Swedish district heating market, characterized by geographically bounded local monopoly networks. Conditional on exogenous cost factors, private firms charge on average seven percent higher prices compared to their...

This paper examines the resource mismatch in China's healthcare sector from 2010 to 2019. We use structural efficiency to measure the resource mismatch in the healthcare industry (0.2-0.7). We find that an increase in the proportion of private hospitals decreases the healthcare resource mismatch...

This paper examines the key aspects of corporate governance of stateowned enterprises (SOEs) through a comparative survey conducted in Bosnia and Herzegovina, Croatia, and Serbia. The research explores two distinct perspectives: the state's view on the necessity and governance of SOEs, and the...

Nach der Friedlichen Revolution von 1989 setzte im Osten Deutschlands ein tiefgreifender Transformationsprozess von Wirtschaft und Gesellschaft ein. Auch wenn die Mitwirkungsmöglichkeiten der Gewerkschaften beschränkt waren, waren sie wichtige Akteure in diesem Prozess. Zusammen mit den...

Nach der Friedlichen Revolution von 1989 setzte im Osten Deutschlands ein tiefgreifender Transformationsprozess von Wirtschaft und Gesellschaft ein. Auch wenn die Mitwirkungsmöglichkeiten der Gewerkschaften beschränkt waren, waren sie wichtige Akteure in diesem Prozess. Zusammen mit den...

This study investigates the dynamic effect of economic liberalization, privati‑ zation, and globalization on the export performance of Ethiopian manufacturing firms. We use structural equation modeling (SEM) to examine the direct and indirect influences between these macroeconomic reforms and...

The transition to a low-carbon, climate-resilient economy is urgently needed to mitigate the profound impacts of climate change. However, this essential transition presents one of the greatest socioeconomic challenges of our era, particularly in terms of employment. Millions of workers in fossil...

This study examines factors influencing full (FP) versus partial (PP) privatization and how markets respond to government control in PP and FP firms. Exploiting China's 2005 NTS reform as a natural experiment, we find that treated PP firms experienced significantly lower post-reform performance,...

Arbeitsplatzzusagen stellen eine häufig genutzte industriepolitische Maßnahme dar. Die zugrundeliegende Studie evaluiert die Wirkungen von Arbeitsplatzzusagen zum Zeitpunkt der Privatisierung der Unternehmen in Ostdeutschland nach der Wiedervereinigung. Diese industriepolitische Maßnahme...

Purpose of the article: The purpose of this article is to assess private equity exit strategies of CEE portfolio companies with regards to desired exit routes, including a cross-border deal aspect and a pre-exit holding period. Methodology/methods: This paper employs secondary data from the...

Given that lands became increasingly expensive for governments to meet open space standards, there emerged a growing trend towards private sector involvement public open space provision. This collaboration has given rise to public open spaces in private developments (POSPD), characterised by...