Now showing items 1-10 of 128
Stationary equilibrium transition rules for an overlapping generations model with uncertainty
(Elsevier, 1985-02)
An overlapping generations model incorporating random production shocks is studied. Households have finite life spans. Futures markets are incomplete. Agents have full information in one case, and receive only a limited ...
Statistical Analysis of Choice Experiments and Surveys
(Kluwer Academic Publishers; Springer Science + Business Media, Inc., 2005-12)
Measures of households' past behavior, their expectations with respect to future events and contingencies, and their intentions with respect to future behavior are frequently collected using household surveys. These questions ...
A General Procedure for Obtaining Maximum Likelihood Estimates in Generalized Regression Models
(The Econometric Society, 1974-05)
Foreign Direct Investment and Domestic Economic Activity
(n/a, 2005)
How does rising foreign investment influence domestic economic activity? Firms whose foreign operations grow rapidly exhibit coincident rapid growth of domestic operations, but this pattern alone is inconclusive, as foreign ...
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 ...
LDC savings rates and debt crises
(Elsevier, 1988-07)
Conventional wisdom holds that LDC debt problems reflect, in part, the switch of foreign financing towards commercial loans. With no adequate supervision over the use of these funds, international finance may not have ...
Foreign Direct Investment and the Domestic Capital Stock
(2005)
This paper evaluates evidence of the impact of outbound foreign direct investment (FDI) on domestic investment rates. OECD countries with high rates of outbound FDI in the 1980s and 1990s exhibited lower domestic investment ...
Spinoffs, Privatization and Corporate Performance in Emerging Markets
(2004-05-01)
We use new firm-level data to examine the effects of spinoffs and privatization on corporate performance in a rapidly emerging market economy. Unlike the existing literature, which analyzes spinoffs almost exclusively in ...
Priorities and Sequencing in Privatization: Theory and Evidence from the Czech Republic
(2000-05-01)
While privatization of state-owned enterprises has been one of the most important aspects of economic transition from a centrally planned to a market system, no transition economy has privatized all its firms simultaneously. ...