Now showing items 1-10 of 686
Economic Reform in Tanzania and Vietnam: A Comparative Commentary
(2004-06-01)
The economic reforms in Tanzania and Vietnam represent the two typical cases of transition economies in Asia and Africa, particularrly the transformation of the two developing economies from the planned to the market ...
Bank Supervision Russian style: Rules versus Enforcement and Tacit Objectives
(2005-06-01)
We focus on the conflict between two central bank objectives, namely individual bank stability and systemic stability. We study the licensing policy of the Central Bank of Russia (CBR) in 1999-2002. Banks in poorly banked ...
Dollarization of Liabilities in Non-tradable Goods Sector
(2001-06-01)
This paper questions the motivation of dollar indebtedness by firms of the non-tradable good sectors in a period of exchange rate pressure. Given the structure of banks' indebtedness and protection of banks' foreign ...
No Pain, No Gain: Market Reform, Unemployment, and Politics in Bulgaria
(2003-05-15)
In 1997, a new center-right government came to power in Bulgaria with a mandate to accelerate market reforms. By the time of the next elections in 2001, 75 percent of GDP was produced in the private sector, compared to 45 ...
The Effect of Pre-Primary Education on Primary School Performance
(2006-07-01)
Although the theoretical case for universal pre-primary education is strong, the empirical foundation is weak. In this paper, we contribute to the empirical case by investigating the effect of a large expansion of universal ...
A re-examination of the Purchasing Power Parity using non-stationary dynamic panel methods : a comparative approach for developing and developed countries
(2003-04-02)
The aim of this paper is to apply recent advances in the econometrics of non-stationary dynamic panel methods to examine the robustness of the PPP concept for a sample of 73 developed and developing countries. Our ...
The Reorientation of Transition Countries’ Exports: Changes in Quantity, Quality and Variety
(2003-11-01)
The paper analyzes the factors behind the reorientation of transition countries’ exports to their non-traditional partners outside their former block. First, the amount of reorientation is calculated using a gravity model. ...
The Gender Wage Gap in Bulgaria: A Semiparametric Estimation of Discrimination
(2001-07-01)
Bulgaria's transition to a market economy has coincided with a large increase in wage inequality. Given the emphasis on wage leveling in pre-transition Bulgaria, the rise in wage inequality may be due to managers rewarding ...
Exploring the Relationship Between Military Spending & Human Rights Performance in South Asia
(2008-10-01)
The relationship between military spending and human rights is one of the most prominent issues in political economy. Yet, the linkage between the two is empirically underdeveloped. Seeking to fulfill this existing gap in ...