Now showing items 31-40 of 875
Soverign Wealth Fund Issues and the National Fund(s) of Kazakhstan
(2012-08-01)
This paper first describes the major concerns associated with SWFs, mainly revolving around state ownership and lack of transparency. It then focuses on the National Fund for the Future of Kazakhstan (the “oil fund”, or ...
Competition and Optimization in Electricity Systems
(2014)
Electricity prices are characterized by high volatility and severe price spikes. At the root of these phenomena is the strategic behavior of market participants. A good understanding of the market competition is key to ...
Why do spouses hide income?
(Elsevier, 2012-10)
This paper proposes a simplified model of intrahousehold decision making where cooperative and noncooperative behavior are not mutually exclusive. Individuals choose the optimal share of income they wish to devote towards ...
Microeconomic adjustments during an export boom: Argentina, 2003–11
(Wiley Periodicals, Inc.CEPAL, 2018-08)
This paper examines Argentine exports at the firm level between 2003 and 2011, a period of exceptional and sustained export growth. While at the product level, the pattern of specialisation barely changed, exporters exhibit ...
Price Jump Indicators: Stock Market Empirics During the Crisis
(2013-06-01)
We analyze the behavior and performance of multiple price jump indicators across markets and over time. By using highfrequency stock market data we identify clusters of price jump indicators that share similar properties ...
THE FUNDING AND EFFICIENCY OF HIGHER EDUCATION IN CROATIA AND SLOVENIA: A NON-PARAMETRIC COMPARISON WITH EU AND OECD COUNTRIES
(2011-01-01)
The paper applies a non-parametric approach, i.e. data envelopment analysis (DEA), to assess the relative technical efficiency of higher education across countries, with a particular focus on Croatia and Slovenia. When ...
Ailing Mothers, Healthy Daughters? Contagion in the Central European Banking Sector
(2014-01-01)
Foreign-dominated banking sectors, such as those prevalent in Central and Eastern Europe, are susceptible to two major sources of systemic risk: (i) linkages between local banks and (ii) linkages between a foreign mother ...
When Finance Meets Trade: Three Essays in International Economics.
(2016)
This dissertation examines international capital mobility, focusing on equity and debt markets. I not only study the determinants and patterns observed in capital markets, but also investigate how capital flows affect and ...
Bridging the Gender Gap in Entrepreneurship: Evidence from Europe
(2014-02-01)
There is no gender difference between success in establishing a business once both males and females have the same preference to self-employment and attempts towards establishing a new business. However, the gender gap ...
Incomplete Specialization and Trade in Parts and Components
(2013-03-01)
Within a higher-dimensional incomplete specialization Heckscher-Ohlin framework, we first develop a gravity model that views bilateral gravity equations as statistical relationships constrained on countries’ multilateral ...