You Are Here: Home > Collections> Working Papers > William Davidson Institute Working Papers > By Number William Davidson Institute Working Papers By Number William Davidson Institute [1-100] [101-200] [201-300] [301-400] [401-500] William Davidson WP Home [501-600] [601-700] [701-800] [801-900] [------] No. Title/Author 866. Dutch Disease Scare in Kazakhstan: Is it real?. Balázs Égert and Carol Leonard. 865. Minimum Wage and Tax Evasion: Theory & Evidence. Mirco Tonin. 864. Dynamics of the Financial Wealth of the Institutional Sectors in Bulgaria: Empirical Studies of the Post-Communist Period. Nikolay Nenovsky and Gergana Mihaylova. 863. Impact of Derivatives Trading on Emerging Capital Markets: A Note on Expiration Day Effects in India. Sumon Kumar Bhaumik and Suchismita Bose. 862. Short- and Medium-Term Determinants of Current Account Balances in Middle East and North Africa Countries. Aleksander Aristovnik. 861. Time-Varying Comovements in Developed & Emerging European Stock Markets: Evidence from Intraday Data. Balázs Égert and Evzen Kocenda. 860. Giving Children a Better Start: Preschool Attendance & School-Age Profiles. Samuel Berlinski, Sebastian Galiani and Marco Manacorda. 859. Real Exchange Rates in Small Open OECD & Transition Economies: Comparing Apples with Oranges?. Balázs Égert, Kirsten Lommatzsch and Amina Lahreche-Revil. 858. Is Education the Panacea of Economic Deprivation of Muslims? Evidence from Wage Earners in India, 1987-2004. Sumon Kumar Bhaumik and Manisha Chakrabarty. 857. Human Capital, Economic Growth, and Regional Inequality in China. Belton M. Fleisher, Haizheng Li and Min Qiang Zhao. 856. Does Better Environmental Performance Affect Revenues, Cost, or Both? Evidence From a Transition Economy. Dietrich Earnhart, Lubomír Lízal. 855. Media Coverage & Charitable Giving After the 2004 Tsunami. Philip H. Brown and Jessica Minty. 854. Default Rates in the Loan Market for SMEs: Evidence from Slovakia. Jarko Fidrmuc, Christa Hainz and Anton Malesich. 853. Monetary Policy before Euro Adoption: Challenge for EU New Members. Jan Filácek, Roman Horvath and Michal Skorepa. 852. Private-Sector Credit in Central & Eastern Europe: New (Over) Shooting Stars?. Balázs Égert, Peter Backé and Tina Zumer. 851. Interest Rate Pass-Through in Central & Eastern Europe: Reborn from Ashes Merely to Pass Away?. Balázs Égert, Jesús Crespo-Cuaresma and Thomas Reininger. 850. Monetary Transmission Mechanism in Central & Eastern Europe: Gliding on a Wind of Change. Fabrizio Coricelli, Balázs Égert and Ronald MacDonald. 849. Crime Distribution & Victim Behavior During a Crime Wave. Rafael Di Tella, Sebastian Galiani and Ernesto Schargrodsky. 848. Real-Time Time-Varying Equilibrium Interest Rates: Evidence on the Czech Republic. Roman Horvath. 847. Financial Accelerator Effects in the Balance Sheets of Czech Firms. Roman Horvath. 846. Central Bank Interventions, Communications & Interest Rate Policy in Emerging European Economies. Balázs Égert. 845. On the Role of Absorptive Capacity: FDI Matters to Growth. Yuko Kinoshita; Chia-Hui Lu. 844. Current Account Sustainability in Selected Transition Countries. Aleksander Aristovnik. 843. Policy, Economic Federalism & Product Market Entry: The Indian Experience. Sumon Kumar Bhaumik, Shubhashis Gangopadhyay and Shagun Krishnan. 842. Price Mobility of Locations. Konstantin Gluschenko. 841. The Role of Foreign Direct Investment in the Firm Selection Process in a Host Country: Evidence from Slovenia. Katja Zajc Kejzar. 840. Family Ownership & Control in Large Firms: The Good, The Bad & The Irrelevant and Why. Mike Peng and Yi Jiang. 839. Price Linkages of Russian Regional Markets. Konstantin Gluschenko. 838. The Effect of Pre-Primary Education on Primary School Performance. Samuel Berlinski, Sebastian Galiani andPaul Gertler. 837. Do Investors Value Insider Trading Laws? International Evidence. Laura Nyantung Beny. 836. How Corruption Hits People When They Are Down. Jennifer Hunt. 835. Mirage at the Bottom of the Pyramid. Aneel Karnani. 834. Ownership concentration and firm performance: Evidence from an emerging market. Irena Grosfeld. 833. Institutions, Networks and Entrepreneurship Development in Russia: An Exploration. Ruta Aidis and Saul Estrin. 832. Long and Short-Run Linkages in CEE Stock Markets: Implications for Portfolio Diversification & Stock Market Integration. Manolis Syllignakis and Georgios Kouretas. 831. Inequality, Fiscal Capacity and the Political Regime: Lessons from the Post-Communist Transition. Christopher Gerry and Tomasz Mickiewicz. 830. Business Groups in Emerging Markets-Financial Control & Sequential Investment. Christa Hainz. 829. Sophisticated Discipline in Nascent Deposit Markets: Evidence from Post-Communist Russia. Alexei Karas, William Pyle and Koen Schoors. 828. Financial Deregulation and Financial Development, and Subsequent Impact on Economic Growth in the Czech Republic, Hungary and Poland. Patricia Mc Grath. 827. The Determinants & Excessiveness of Current Account Deficits in Eastern Europe & the Former Soviet Union. Aleksander Aristovnik. 826. Privatization with Government Control: Evidence from the Russian Oil Sector. Daniel Berkowitz and Yadviga Semikolenova. 825. Corruption and Bureaucratic Structure in a Developing Economy. John Bennett and Saul Estrin. 824. Regulatory Barriers & Entry in Developing Economies. John Bennett and Saul Estrin. 823. Enterprise Restructuring in Belarus. Marina Bakanova, Saul Estrin, Igor Pelipas and Sergei Pukovic. 822. Reforms, Entry and Productivity: Some Evidence from the Indian Manufacturing Sector. Sumon Kumar Bhaumik, Shubhashis Gangopadhyay and Shagun Krishnan. 821. Falling Walls and Lifting Curtains: Analysis of Border Effects in Transition Countries. Yener Kandogan. 820. Home versus Host Country Effects of FDI: Searching for New Evidence of Productivity Spillovers. Priit Vahter and Jaan Masso. 819. Earnings Inequality in India: Has the Rise of Caste and Religion Based Politics in India had an Impact?. Sumon Kumar Bhaumik and Manisha Chakrabarty. 818. Financial Deregulation and Industrial Development: Subsequent Impact on Economic Growth in the Czech Republic, Hungary and Poland. Patricia McGrath. 817. The Politics of Institutional Renovation and Economic Upgrading: Lessons from the Argentine Wine Industry. Gerald Mc Dermott. 816. Worker Morale in Russia: An Exploratory Study. Susan J. Linz, Linda K. Good and Patricia Huddleston. 815. Capital Account Liberalization and Exchange Rate Regime Choice, What Scope for Flexibility in Tunisia?. Ben Ali Mohamed Sami. 814. Evaluation of Mass Privatization in Bulgaria. Jeffrey Miller. 813. Current Account Adjustments in Selected Transition Countries. Aleksander Aristovnik. 812. Reassessing the Standard of Living in the Soviet Union: An Analysis Using Archival and Anthropometric Data. Elizabeth Brainerd. 811. Foreign Exchange Risk Premium Determinants: Case of Armenia. Tigran Poghoysan and Evzen Kocenda. 810. Convergence and shocks in the road to EU: Empirical investigations for Bulgaria and Romania. Jean-Marc Figuet and Nikolay Nenovsky. 809. The Cost Structure of Microfinance Institutions in Eastern Europe and Central Asia. Valentina Hartarska, Steven B. Caudill and Daniel M. Gropper. 808. Ethnic Conflict & Economic Disparity: Serbians & Albanians in Kosovo. Sumon Bhaumik, Ira Gang and Myeong-Su Yun. 807. A Note on Poverty in Kosovo. Sumon Bhaumik, Ira Gang and Myeong-Su Yun. 806. Privatization & State Capacity in Postcommunist Society. Lawrence King and Patrick Hamm. 805. Corporate Governance, Managers’ Independence, Exporting & Performance in Firms in Transition Economies. Igor Filatotchev, Natalia Isachenkova and Tomasz Mickiewicz. 804. Financial Deregulation & Economic Growth in the Czech Republic, Hungary and Poland. Patricia Mc Grath. 803. Evaluating the Causal Effect of Foreign Acquisition on Domestic Performances: The Case of Slovenian Manufacturing Firms. Sergio Salis. 802. Implications of ERM2 for Poland’s Monetary Policy. Lucjan T. Orlowski and Krzysztof Rybinski. 801. Original Sin, Good Works, and Property Rights in Russia: Evidence From a Survey Experiment. Timothy Frye. William Davidson Institute [1-100] [101-200] [201-300] [301-400] [401-500] William Davidson WP Home [501-600] [601-700] [701-800] [801-900] [------] No. Title/Author 800. Fiscal Reform and its Firm-Level Effects in Eastern Europe and Central Asia. John E. Anderson. 799. Bond Yield Compression in the Countries Converging to the Euro. Lucjan T. Orlowski and Kirsten Lommatzsch. 798. Contagion Across and Integration of Central and Eastern European Stock Markets: Evidence from Intraday Data. Balázs Égert and Evzen Kocenda. 797. Real Exchange Rate Misalignment: Prelude to Crisis?. David M. Kemme and Saktinil Roy. 796. Balassa-Samuelson Meets South Eastern Europe, the CIS and Turkey: A Close Encounter of the Third Kind?. Balázs Égert. 795. A Comparison of Reform-Era Labor Force Participation Rates of China’s Ethnic Minorities and Han Majority. Margaret Maurer-Fazio, James W. Hughes and Dandan Zhang. 794. Collective Action and Post-Communist Enterprise: The Economic Logic of Russia’s Business Associations. William Pyle. 793. Equilibrium Exchange Rates in Transition Economies: Taking Stock of the Issues. Balázs Égert, László Halpern and Ronald MacDonal. 792. Bribery: Who Pays, Who Refuses, What Are The Payoffs?. Jennifer Hunt and Sonia Laszlo. 791. Gender Differences in Personality and Earnings: Evidence from Russia. Susan Linz and Anastasia Semykina. 790. Why Are Some Public Officials More Corrupt Than Others?. Jennifer Hunt. 789. Disinflation and Monetary Policy Arrangements in Romania. Daniel Daianu, Ella Kallai. 788. Does Economic Uncertainty Affect the Decision to Bear Children? Evidence from East and West Germany. Sumon Kumar Bhaumik and Jeffrey B. Nugent. 787. Economic Reform and Changing Patterns of Labor Force Participation in Urban and Rural China. Margaret Maurer-Fazio, James Hughes and Dandan Zhang. 786. The Determinants of Asset Stripping: Theory and Evidence From the Transition Economies. Nauro F. Campos and Francesco Giovannoni. 785. How to Catch Foreign Fish? FDI and Privatization in EU Accession Countries. Bruno Merlevede and Koen Schoors. 784. Does the World Bank have any impact on human development of the poorest countries? Some preliminary evidence from Africa. Sumon Kumar Bhaumik. 783. Comparative Social Capital: Networks of Entrepreneurs and Investors in China and Russia. Bat Batjargal. 782. Exchange Rate Regimes, Foreign Exchange Volatility and Export Performance in Central and Eastern Europe: Just Another Blur Project?. Balazs Egert and Amalia Morales-Zumaquero. 781. Equilibrium Exchange Rate in the Czech Republic: How Good is the Czech BEER?. Ian Babetskii and Balazs Egert. 780. Autonomy and Performance of Foreign Subsidiaries in five Transition Countries. Urmas Varblane, Katrin Mannik and Helena Hannula. 779. The Political Economy of Industrial Policy in China: The Case of Aircraft Manufacturing. Andrea Goldstein. 778. Bank Supervision Russian style: Rules verses Enforcement and Tacit Objectives. Sophie Claeys, Gleb Lanine and Koen Schoors. 777. Labor Market Trends and Institutions in Belarus. Zuzana Brixiova and Vera Volchok. 776. Can Vietnam Achieve One of its Millennium Development Goals?. Vo Tri Thanh and Trinh Quang Long. 775. Is The Link Between Reforms and Growth Spurious? A Comment. Tomasz Mickiewicz. 774. The Risk Aversion of Banks in Emerging Credit Markets: Evidence from India. Sumon Kumar Bhaumik and Jenifer Piesse. 773. Organized Labor and Restructuring: Coal Mines in the Czech Republic and Romania. Jan Bruha, Delia Ionascu, and Byeongju Jeong. 772. Is Political Risk Company-Specific? The Market Side of the Yukos Affair. Alexei Goriaev and Konstantin Sonin. 771. Non-Linear Exchange Rate Dynamics in Target Zones:A Bumpy Road Towards A Honeymoon Some Evidence from the ERM, ERM2 and Selected New EU Member States. Jesús Crespo-Cuaresma, Balázs Égert, and Ronald MacDonald. 770. Equilibrium Exchange Rates in Southeastern Europe, Russia,Ukraine and Turkey: Healthy or (Dutch) Diseased?. Balázs Égert. 769. Equilibrium Exchange Rates in Central and Eastern Europe: A Meta-Regression Analysis. Balázs Égert and László Halpern. 768. Testing for inflation convergence between the Euro Zone and its CEE partners. Imed Drine and Christophe Rault. 767. Labor Mobility during Transition: Evidence from the Czech Republic. Jan Fidrmuc. 766. Formation of social capital in Central and Eastern Europe: Understanding the gap vis-à-vis developed countries. Jan Fidrmuc and Klarita Gërxh. 765. Do Regional Integration Agreements Increase Business-Cycle Convergence? Evidence From APEC and NAFTA. Viviana Fernandez and Ali M. Kutan. 764. State Regulations, Job Search and Wage Bargaining: A Study in the Economics of the Informal Sector. Maxim Bouev. 763. The Feldstein-Horioka Puzzle Revisited: An "European-Regional" Perspective. Jérôme Hericourt and Mathilde Maurel. 762. Transatlantic Differences in Labour Markets Changes in Wage and Non-Employment Structures in the 1980s and the 1990s. Patrick A. Puhani. 761. Resolution, Recovery and Survival: The Evolution of Payment Disputes in Post-Socialist Europe. William Pyle. 760. Official Foreign Exchange Interventions in the Czech Republic: Did They Matter?. Balázs Égert and Luboš Komárek. 759. Assessing Market Expectations onExchange Rates and Inflation: A Pilot Forecasting System for Bulgaria. Michael Berlemann, Kalina Dimitrova, and Nikolay Nenovsky. 758. Attitudes and Performance: An Analysis of Russian Workers. Susan J. Linz and Anastasia Semykina. 757. Barter, Credit, and Welfare: A theoretical inquiry into the barter phenomenon in Russia. José Noguera and Susan J. Linz. 756. Sorting, Selection, and Transformation of the Return to College Education In China. Belton M. Fleisher, Haizheng Li, Shi Li, and Xiaojun Wang. 755. Foreign Exchange Interventions in Croatia and Turkey: Should We Give a Damn?. Balázs Égert and Maroje Lang. 754. Targeting Relative Inflation Forecast as Monetary Policy Framework for Adopting the Euro. Lucjan T. Orlowski. 753. Internet Entrepreneurship: Networks and Performance of Internet Ventures In China. Bat Batjargal. 752. Network Triads: Transitivity, Referral and Venture Capital Decisions in China and Russia. Bat Batjargal. 751. Software Entrepreneurship: Knowledge Networks and Performance Of Software Ventures In China and Russia. Bat Batjargal. 750. Retained State Shareholding in Chinese PLCs: Does Government Ownership Reduce Corporate Value?. Lihui Tian and Saul Estrin. 749. Financial Development and Technology. Solomon Tadesse. 748. Banking Fragility and Disclosure: International Evidence. Solomon Tadesse. 747. Consolidation, Scale Economies and Technological Change in Japanese Banking. Solomon Tadesse. 746. Trade Creation and Diversion Effects of Europe’s Regional Liberalization Agreements. Yener Kandogan. 745. Quality of Institutions, Credit Markets and Bankruptcy. Christa Hainz. 744. How Transition Paths Differ: Enterprise Performance in Russia and China. Sumon Bhaumik and Saul Estrin. 743. Inflation Targeting, Between Rhetoric and Reality. The Case of Transition Economies. Daniel Daianu and Laurian Lungu. 742. How Does Law Affect Finance? An Empirical Examination of Tunneling in an Emerging Market. Vladimir Atanasov, Conrad S. Ciccotello, and Stanley B. Gyoshev. 741. Do Insider Trading Laws Matter? Some Preliminary Comparative Evidence. Laura Nyantung Beny. 740. Autopsy on an Empire: Understanding Mortality in Russia and the Former Soviet Union. Elizabeth Brainerd and David M. Cutler. 739. Not Separate, Not Equal: Poverty and Inequality in Post-Apartheid South Africa. Johannes G. Hoogeveen and Berk Özler. 738. The Marketing Structure in Agribusiness during the Transition in Bulgaria. Steve Murray, Yordan Staykov, and Valentin Katzerov. 737. Passive Creditors. Koen Schoors and Konstantin Sonin. 736. From a currency board to the euro: Public attitudes toward unilateral euroization in Bulgaria. Neven T. Valev. 735. Dictators and Their Viziers:Agency Problems in Dictatorships. Georgy Egorov and Konstantin Sonin. 734. Foreign Investment, Corporate Ownership, and Development: Are Firms in Emerging Markets Catching Up to the World Standard?. Klara Sabirianova, Jan Svejnar, and Katherine Terrell. 733. Businessman Candidates: Special-Interest Politics in Weakly Institutionalized Environments. Scott Gehlbach and Konstantin Sonin. 732. Measuring the Institutional Change of the Monetary Regime in a Political Economy Perspective. Nikolay Nenovsky and Yorgos Rizopoulos. 731. Impact of Regulated Price Adjustments on Price Variability in a Very Low Inflation Transition Economy: Case of Armenia. Aghassi Mkrtchyan. 730. Reform, FDI and Economic Growth: Tale of the Tortoise and the Hare. Bruno Merlevede and Koen Schoors. 729. The Effects of Transition and Political Instability On Foreign Direct Investment Inflows: Central Europe and the Balkans. Josef C. Brada, Ali M. Kutan, and Taner M. Yigit. 728. Institutional Distance and International Business Strategies in Emerging Economies. Delia Ionascu, Klaus E. Meyer, and Saul Erstin. 727. Explaining Patterns of Corruption in the Russian Regions. Phyllis Dininio and Robert W. Orttung. 726. The Politics of Institutional Learning and Creation: Bank Crises and Supervision in East Central Europe. Gerald A. McDermott. 725. International Business and Development Economics: A Winnning Combination. Tamir Agmon. 724. Importing High-Risk Capital and Revealing Hidden Comparative Advantages. Tamir Agmon. 723. Which entrepreneurs expect to expand their businesses? Evidence from survey data in Lithuania. Ruta Aidis and Tomasz Mickiewicz. 722. Russia from Bust to Boom: Oil, Politics or the Ruble?. Bruno Merlevede, Bas van Aarle and Koen Schoors. 721. Distance to the Efficiency Frontier and FDI Spillovers. Klara Sabirianova Peter, Jan Svejnar, and Katherine Terrell. 720. An Analysis of Gender Wage Differentials in Russia from 1996-2002. Rita Hansberry. 719. Returns to Schooling in Russia and Ukraine: A Semiparametric Approach to Cross-Country Comparative Analysis. Klara Sabirianova Peter and Yuriy Gorodnichenko. 718. The emergence of large shareholders in mass privatized firms: Evidence from Poland and the Czech Republic. Irena Grosfeld and Iraj Hashi. 717. Wage Determination Under Communism and In Transition: Evidence from Central Europe. Swati Basu, Saul Estrin and Jan Svejnar. 716. The Evolution of Cross-Region Price Distribution in Russia. Konstantin Gluschenko. 715. Languages in the European Union: The Quest for Equality and its Cost. Jan Fidrmuc and Victor Ginsburgh. 714. Voice of the Diaspora: An Analysis of Migrant Voting Behavior. Jan Fidrmuc and Orla Doyle. 713. International Coercion, Emulation and Policy Diffusion: Market-Oriented Infrastructure Reforms, 1977-1999. Witold J. Henisz and Bennet A. Zelner and Mauro F. Guillen. 712. Votes and Vetoes: The Political Determinants of Commercial Openness. Witold J. Henisz and Edward D. Mansfield. 711. Interest Groups, Veto Points and Electricity Infrastructure Deployment. Witold J. Henisz and Bennet A. Zelner. 710. Firms' Price Markups and Returns to Scale in Imperfect Markets: Bulgaria and Hungary. Rumen Dobrinsky, Gábor Korösi, Nikolay Markov, and László Halpern. 709. The Stability and Growth Pact from the Perspective of the New Member States. Gábor Orbán and György Szapáry. 708. Contract Violations, Neighborhood Effects, and Wage Arrears in Russia. John S. Earle and Klara Sabirianova Peter. 707. Determinants of Employment Growth at MNEs: Evidence from Egypt, India, South Africa and Vietnam. Sumon Kumar Bhaumik, Saul Estrin and Klaus Meyer. 706. Economic Reform in Tanzania and Vietnam: A Comparative Commentary. Brian Van Arkadie and Do Duc Dinh. 705. Beliefs about Exchange-Rate Stability: Survey Evidence From the Currency Board in Bulgaria. Neven T. Valev and John A. Carlson. 704. Returns to Schooling in China Under Planning and Reform. Belton M. Fleisher and Xiaojun Wang. 703. Returns to Skills and the Speed of Reforms: Evidence from Central and Eastern Europe, China, and Russia. Belton M. Fleisher, Klara Sabirianova and Xiaojun Wang. 702. What Makes Small Firms Grow? Finance, Human Capital, Technical Assistance, and the Business Environment in Romania. J. David Brown, John S. Earle and Dana Lup. 701. The Effects of Multiple Minimum Wages Throughout the Labor Market. T. H. Gindling and Katherine Terrell. William Davidson Institute [1-100] [101-200] [201-300] [301-400] [401-500] William Davidson WP Home [501-600] [601-700] [701-800] [801-900] [------] No. Title/Author 700. Minimum Wages, Inequality and Globalization. T. H. Gindling and Katherine Terrell. 699. Self-Selection and Earnings During Volatile Transition. Ralitza Dimova and Ira Gang. 698. Ecology and Violence: The Environmental Dimensions of War. Timothy L. Fort and Cindy A. Schipani. 697. Russian Cities in Transition: The Impact Of Market Forces in the 1990s. Ira N. Gang and Robert C. Stuart. 696. Firm Ownership and Internal Labor Practices In a Transition Economy: An Exploration of Worker Skill Acquisition in Vietnam. Jed Friedman. 695. The Unanticipated Effects of Insider Trading Regulation. Art A. Durnev and Amrita S. Nain. 694. Volatile Interest Rates, Volatile Crime Rates: A New Argument for Interest Rate Smoothing. Garett Jones and Ali M. Kutan. 693. Money Market Liquidity under Currency Board - Empirical Investigations for Bulgaria. Petar Chobanov and Nikolay Nenovsky. 692. Credibility and Adjustment: Gold Standards Versus Currency Boards. Jean Baptiste Desquilbet and Nikolay Nenovsky. 691. Impact of Cross-listing on Local Stock Returns: Case of Russian ADRs. Elena Smirnova. 690. Executive Compensation, Firm Performance, and Corporate Governance in China: Evidence from Firms Listed in the Shanghai and Shenzhen Stock Exchanges. Takao Kato and Cheryl Long. 689. Diverging Paths: Transition in the Presence of the Informal Sector. Maxim Bouev. 688. What Causes Bank Asset Substitution in Kazakhstan? Explaining Dollarization in a Transition Economy. Sharon Eicher. 687. Financial Sector Returns and Creditor Moral Hazard: Evidence from Indonesia, Korea, and Thailand. Ayse Y. Evrensel and Ali M. Kutan. 686. Instability in Exchange Rates of the World Leading Currencies: Implications of a Spatial Competition Model among Central Banks. Dirk Engelmann, Jan Hanousek and Evžen Kocenda. 685. Spinoffs, Privatization and Corporate Performance in Emerging Markets. Jan Hanousek, Evzen Kocenda and Jan Svejnar. 684. CPI Bias and Real Living Standards in Russia During the Transition. John Gibson, Steven Stillman and Trinh Le. 683. Mission Implausible III: Measuring the Informal Sector in a Transition Economy using Macro Methods. Jan Hanousek and Filip Palda. 682. The Other Side of the Moon: The Data Problem in Analyzing Growth Determinants. Jan Hanousek and Randall K. Filer. 681. Consumers' Opinion of Inflation Bias Due to Quality Improvements. Jan Hanousek and Randall K. Filer. 680. IMF-Related Announcements, Fundamentals, and Creditor Moral Hazard: A Case Study of Indonesia. Ayse Y. Evrensel and Ali M. Kutan. 679. Privatization Matters: Bank Efficiency in Transition Countries. John P. Bonin, Iftekhar Hasan and Paul Wachtel. 678. Does Market Liberalisation Reduce Gender Discrimination? Econometric Evidence from Hungary, 1986-1998. Dean Jolliffe and Nauro F. Campos. 677. Governance and Performance of Microfinance Institutions in Central And Eastern Europe and the Newly Independent States. Valentina Hartarska. 676. Equilibrium Exchange Rates in the Transition: The Tradable Price-Based Real Appreciation and Estimation Uncertainty. Balázs Égert and Kirsten Lommatzsch. 675. Productivity Growth and the Real Appreciation of the Accession Countries' Currencies. Kirsten Lommatzsch and Silke Tober. 674. Exchange Rate Policy and Inflation in Acceding Countries: The Role of Pass-through. Fabrizio Coricelli, Boštjan Jazbec and Igor Masten. 673. Is Kazakhstan a Market Economy Yet? Getting Warmer. Sharon Eicher. 672. Tales of Development. Jian Tong and Chenggang Xu. 671. Interest Rate Pass-Through in EU Acceding Countries: The Case of the Czech Republic, Hungary and Poland. Jesús Crespo Cuaresma, Balázs Égert, and Thomas Reininger. 670. A minimum of rivalry: evidence from transition economies on the importance of competition for innovation and growth. Wendy Carlin, Mark Schaffer and Paul Seabright. 669. Dual Track Liberalization: With and Without Losers. Jiahua Che and Giovanni Facchini. 668. Enterprise Restructuring and Firm Performance: A Comparison of Rural and Urban Enterprises in Jiangsu Province. Xiao-yuan Dong, Louis Putterman and Bulent Unel. 667. A Tale of Two Provinces: The Institutional Environment and Foreign Ownership in China. Yasheng Huang and Wenhua Di. 666. Ownership Characteristics and Access to Finance: Evidence from a Survey of Large Privatised Companies in Hungary and Poland. Natalia Isachenkova and Tomasz Mickiewicz. 665. Testing Creditor Moral Hazard in Sovereign Bond Markets: A Unified Theoretical Approach and Empirical Evidence. Ayşe Y. Evrensel and Ali M. Kutan. 664. Assessing Equilibrium Exchange Rates in CEE Acceding Countries: Can We Have DEER with BEER without FEER?. Balázs Égert. 663. Modelling stock returns in the G-7 and in selected CEE economies: A non-linear GARCH approach. Balázs Égert and Yosra Koubaa. 662. Institutional Change and Product Composition: Does the Initial Quality of Institutions Matter?. Johannes Moenius and Daniel Berkowitz. 661. Dual track liberalization: With and without losers. Jiahua Che and Giovanni Facchini. 660. Who Is in Favor of Enlargement? Determinants of Support for EU Membership in the Candidate Countries’ Referenda. Orla Doyle and Jan Fidrmuc. 659. Creditor Moral Hazard in Equity Markets: A Theoretical Framework and Evidence from Indonesia and Korea. Ayşe Y. Evrensel and Ali M. Kutan. 658. Worsening of the Asian Financial Crisis: Who is to Blame?. Brasukra G. Sudjana and Ali M. Kutan. 657. European Integration, Productivity Growth and Real Convergence. Taner M. Yigit and Ali M. Kutan. 656. The Impact of News, Oil Prices, and Global Market Developments on Russian Financial Markets. Bernd Hayo and Ali M. Kutan. 655. Politics and Economic Reform in Malaysia. Bryan K. Ritchie. 654. The Evolution of Income Inequality in Rural China. Dwayne Benjamin, Loren Brandt and John Giles. 653. The Sources of Real Exchange Fluctuations in Developing Countries : an Econometric Investigation. Imed Drine and Christophe. 652. Ownership, Control and Corporate Performance After Large-Scale Privatization. Jan Hanousek, Evzen Kocenda and Jan Svejnar. 651. Czech Social Reform/Non-reform: Routes, Actors and Problems. Jiri Vecernik. 650. Financial Integration, Exchange Rate Regimes in CEECs, and Joining the EMU: Just Do It…. Maurel Mathilde. 649. Corporate Investments, Liquidity and Bank Financing: Empirical Evidence from an Emerging Market. Arun Khanna. 648. Financial Constraints in Investment – Foreign Versus Domestic Firms. Panel Data Results From Estonia, 1995-1999. Tomasz Mickiewicz, Kate Bishop and Urmas Varblane. 647. Legal Minimum Wages and the Wages of Formal and Informal Sector Workers in Costa Rica. T. H. Gindling and Katherine Terrell. 646. Employment Expectations and Gross Flows by Type of Work Contract. Catalina Amuedo-Dorantes and Miguel Á. Malo. 645. Transition on the Shop Floor - The Restructuring of a Weaving Mill, Hungary 1988-97. János Köllő. 644. Fighting “Low Equilibria” by Doubling the Minimum Wage? Hungary’s Experiment. Gábor Kertei and János Köllő. 643. Mind the Break! Accounting for Changing Patterns of Growth during Transition. Jan Fidrmuc and Ariane Tichit. 642. The Monetary Approach to Exchange Rates in the CEECs. Jesús Crespo-Cuaresma, Jarko Fidrmuc and Ronald MacDonald. 641. Community Norms and Organizational Practices: The Legitimization of Wage Arrears in Russia, 1992-1999. John S. Earle, Andrew Spicer and Klara Sabirianova Peter. 640. Trust in Transition: Cross Country and Firm Evidence. Martin Raiser, Alan Rousso, and Franklin Steves. 639. What Makes Small Firms Grow? Finance, Human Capital, Technical Assistance, and the Business Environment in Romania. J. David Brown, John S. Earle and Dana Lup. 638. Politics of Economic Reform in Thailand: Crisis and Compromise. Allen Hicken. 637. How Much Restructuring did the Transition Countries Experience? Evidence from Quality of their Exports. Yener Kandogan. 636. Estimating the Size and Growth of Unrecorded Economic Activity in Transition Countries: A Re-evaluation of Electric Consumption Method Estimates and their Implications. Edgar L. Feige and Ivica Urban. 635. Measuring the Value Added by Money in Trade. Vlad Ivanenko. 634. Sensitivity of the Exporting Economy on the External Shocks: Evidence from Slovene Firms. Janez Prašnikar, Velimir Bole, Aleš Ahcan and Matjaž Koman. 633. Reputation Flaws: Contractual Disputes and the Channels for Inter-firm Communication. William Pyle. 632. Politics of Development Policy and Development Policy Reform in New Order Indonesia. Michael T. Rock. 631. Reorientation of Transition Countries’ Exports: Changes in Quantity, Quality and Variety. Yener Kandogan. 630. Inequality of Outcomes and Inequality of Opportunities in Brazil. François Bourguignon, Francisco H.G. Ferreira and Marta Menéndez. 629. Job Search Behavior of Unemployed in Russia. Natalia Smirnova. 628. How has Economic Restructuring Affected China’s Urban Workers?. John Giles, Albert Park and Fang Cai. 627. The Life Cycle of Government Ownership. Jiahua Che. 626. Blocked Transition And Post-Socialist Transformation: Serbia in the Ninties. Silvano Bolcic. 625. Generalizing the Causal Effect of Fertility on Female Labor Supply. Guillermo Cruces and Sebastian Galiani. 624. The Allocation and Monitoring Role of Capital Markets: Theory and International Evidence. Solomon Tadesse. 623. Firm-Specific Variation and Openness in Emerging Markets. Kan Li, Randall Morck, Fan Yang, and Bernard Yeung. 622. Exchange Rate Regimes and Volatility: Comparison of the Snake and Visegrad. Juraj Valachy and Evžen Kocenda. 621. Do Market Pressures Induce Economic Efficiency?: The Case of Slovenian Manufacturing, 1994-2001. Peter F. Orazem and Milan Vodopivec. 620. Compensating Differentials in Emerging Labor and Housing Markets: Estimates of Quality of Life in Russian Cities. Mark C. Berger, Glenn C. Blomquist and Klara Sabirianova Peter. 619. Are Foreign Banks Bad for Development Even If They Are Efficient? Evidence from the Indian Banking Industry. Sumon Bhaumik and Jenifer Piesse. 618. The Echo of Job Displacement. Marcus Eliason and Donald Storrie. 617. Deposit Insurance During EU Accession. Nikolay Nenovsky and Kalina Dimitrova. 616. Skill-Biased Transition: The Role of Markets, Institutions, and Technological Change. Klara Sabirianova Peter. 615. Initial Conditions, Institutional Dynamics and Economic Performance: Evidence from the American States. Daniel Berkowitz and Karen Clay. 614. Labor Market Dynamics and Wage Losses of Displaced Workers in France and the United States. Arnaud Lefranc. 613. Firm Size Distribution and EPL in Italy. Fabiano Schivardi and Roberto Torrini. 612. The Effect of Employee Involvment on Firm Performance: Evidence from an Econometric Case Study. Derek C. Jones and Takao Kato. 611. Working Inflow, Outflow, and Churning. Pekka Ilmakunnas and Mika Maliranta. 610. Signaling in The Labor Market: New Evidence On Layoffs, and Plant Closings. Nuria Rodriguez-Planas. 609. Job Flows and Establishment Characteristics: Variations Across U.S. Metropolitan Areas. R. Jason Faberman. 608. Dowry and Intrahousehold Bargaining: Evidence from China. Philip H. Brown. 607. Policy Regime Change and Corporate Credit in Bulgaria: Asymmetric Supply and Demand Responses. Rumen Dobrinsky and Nikola Markov. 606. Corporate Performance and Market Structure During Transition in Hungary. László Halpern and Gábor Kõrösi. 605. Culture Rules: The Foundations of the Rule of Law and Other Norms of Governance. Amir N. Licht, Chanan Goldschmidt, and Shalom H. Schwartz. 604. Institutional Subversion: Evidence from Russian Regions. Irina Slinko, Evgeny Yakovlev, and Ekaterina Zhuravskaya. 603. The Effects of Privatization and International Competitive Pressure on Firms’ Price-Cost Margins: Micro Evidence from Emerging Economies. Jozef Konings, Patrick Van Cayseele and Frederic Warzynski. 602. The Usefulness of Corruptible Elections. Loren Brandt and Matthew Turner. 601. A Window of Opportunity?. Abdur Chowdhury. William Davidson Institute [1-100] [101-200] [201-300] [301-400] [401-500] William Davidson WP Home [501-600] [601-700] [701-800] [801-900] [------] No. Title/Author 600. The Impact of Structural Reforms on Employment Growth and Labour Productivity: Evidence from Bulgaria and Romania. Ralitza Dimova. 599. Does Product Differentiation Explain The Increase in Exports of Transition Countries?. Yener Kandogan. 598. Organizational Culture and Effectiveness: Can American Theory Be Applied in Russia?. Carl F. Fey and Daniel R. Denison. 597. Asymmetric Fluctuation Bands in ERM and ERM-II: Lessons from the Past and Future Challenges for EU Acceding Countries. Balázs Égert and Rafal Kierzenkowski. 596. Mass Privatisation, Corporate Governance and Endogenous Ownership Structure. Irena Grosfeld and Iraj Hashi. 595. WTO Accession: What’s in it for Russia?. Abdur Chowdhury. 594. The Political-Economy of Argentina's Debacle. Marcos A. Buscaglia. 593. While Labour Hoarding May Be Over, Insiders' Control Is Not. Determinants of Employment Growth in Large Polish Firms, 1996-2001. Kate Bishop and Tomasz Mickiewicz. 592. Globalization and Trust: Theory and Evidence from Cooperatives. Ramon Casadesus-Masanell Tarun Khanna. 591. Restructuring or Disintegration of the German Corporate Network: Globalization as a Fifth Column. Bruce Kogut and Gordon Walker. 590. Institutional Change and Firm Creation in East-Central Europe: An Embedded Politics Approach. Gerald A. McDermott. 589. Legitimacy, Interest Group Pressures and Institutional Change: The Case of Foreign Investors and Host Country Governments. Witold J. Henisz and Bennet A. Zelner. 588. Institutions and the Vicious Circle of Distrust in the Russian Household Deposit Market, 1992-1999. Andrew Spicer and William Pyle. 587. Foreign Direct Investment and the Business Environment in Developing Countries: the Impact of Bilateral Investment Treaties. Jennifer Tobin and Susan Rose-Ackerman. 586. Trust in China: A Cross-Regional Analysis. Rongzhu Ke and Weiying Zhang. 585. Family Control and the Rent-Seeking Society. Randall Morck and Bernard Yeung. 584. Wage Determination: Privatized, New Private and State Owned Companies. Empirical Evidence from Panel Data. Tomasz Mickiewicz and Kate Bishop. 583. An Investigation of Firm-Level R&D Capabilities in East Asia. Gary H. Jefferson and Zhong Kaifeng. 582. R&D and Technology Transfer: Firm-Level Evidence from Chinese Industry. Albert G.Z. Hu, Gary H. Jefferson, Guan Xiaojing and Qian Jinchang. 581. Credit Market Disequilibrium in Poland: Can We Find What We Expect? Non-Stationarity and the Min Condition. Christophe Hurlin and Rafal Kierzenkowski. 580. Does it Take a Lula to go to Davos? A Brief Overview of Brazilian Reforms, 1980-2000. Nauro F. Campos, Armando Castellar Pinheiro, Fabio Giambiagi and Mauricio M. Moreira. 579. Ceaseless Toil? Health and Labor Supply of the Elderly in Rural China. Dwayne Benjamin, Loren Brandt and Jia-Zhueng Fan. 578. Shadow Economy, Rent-Seeking Activities and the Perils of Reinforcement of the Rule of Law. Ekaterina Vostroknutova. 577. No Pain, No Gain: Market Reform, Unemployment, and Politics in Bulgaria. Neven Valev. 576. Power Analysis of the Nice Treaty On the Future of European Integration. Yener Kandogan. 575. Democracy's Spread: Elections and Sovereign Debt in Developing Countries. Steven A. Block, Burkhard N. Schrage and Paul M. Vaaler. 574. Reintroducing Intergenerational Equilibrium: Key Concepts behind the New Polish Pension System. Marek Góra. 573. Why Does FDI Go Where It Goes? New Evidence from the Transition Economies. Yuko Kinoshita and Nauro F. Campos. 572. Private Savings In Transition Economies: Are There Terms of Trade Shocks?. Abdur R. Chowdhury. 571. On the long-run determinants of real exchange rates for developing countries : Evidence from Africa, Latin America and Asia. Imed Drine and Christophe Rault. 570. A re-examination of the Purchasing Power Parity using non-stationary dynamic panel methods : a comparative approach for developing and developed countries. Imed Drine and Christophe Rault. 569. How Important is Ownership in a Market with Level Playing Field? The Indian Banking Sector Revisited. Sumon Kumar Bhaumik and Ralitza Dimova. Published in Journal of Comparative Economics ol. 32, March 2004 568. On Types of Trade, Adjustment of Labor and Welfare Gains During Asymmetric Liberalizations. Yener Kandogan. 567. Technological Progress Through Trade Liberalization in Transition Countries. Yener Kandogan. 566. Intra-industry Trade of Transition Countries: Trends and Determinants. Yener Kandogan. Published in Emerging Markets Review Vol 4(3), pp. 273-286 565. Local Protectionism and Regional Specialization: Evidence from China’s Industries. Chong-En Bai, Yingjuan Du, Zhigang Tao, and Sarah Y. Tong. 564. Corporate Governance and Market Valuation in China. Chong-En Bai, Qiao Liu, Joe Lu, Frank M. Song and Junxi Zhang. 563. Revenue Sharing and Control Rights in Team Production: Theories and Evidence from Joint Ventures. Chong-En Bai, Zhigang Tao and Changqi Wu. 562. Financial Dependence, Stock Market Liberalizations, and Growth. Nandini Gupta and Kathy Yuan. 561. Growth and Regional Inequality in China During the Reform Era. Derek Jones, Cheng Li and Owen. Forthcoming in China Economic Review 560. Choice of Ownership Structure and Firm Performance: Evidence from Estonia. Derek C Jones, Panu Kalmi and Niels Mygind. 559. Explaining Postcommunist Economic Performance. Lawrence P. King. 558. Tax Structures and FDI: The Deterrent Effects of Complexity and Uncertainty The Deterrent Effects of Complexity and Uncertainty. Kelly Edmiston, Shannon Mudd and Neven Valev. 557. Provincial Protectionism. Konstantin Sonin. 556. Nominal and Real Convergence in Estonia: The Balassa-Samuelson (dis)connection. Balázs Égert. 555. Banks-Firms Nexus under the Currency Board: Empirical Evidence from Bulgaria. Nikolay Nenovsky, Evgeni Peev and Todor Yalamov. 554. To Steal or Not to Steal: Firm Attributes, Legal Environment, and Valuation. Art Durnev and E. Han Kim. Forthcoming in the Journal of Finance 553. Corporate Stability and Economic Growth. Kathy S. He, Randall Morck, and Bernard Yeung. 552. So Many Rocket Scientists, So Few Marketing Clerks: Occupational Mobility in Times of Rapid Technological Change. Nauro F. Campos and Aurelijus Dabusinskas. 551. Determinants of Interregional Mobility in Russia: Evidence from Panel Data. Yuri Andrienko and Sergei Guriev. 550. Gross Job Flows in Ukraine: Size, Ownership and Trade Effects. Jozef Konings, Olga Kupets and Hartmut Lehmann. 549. Technology Transfer through FDI in Top-10 Transition Countries: How Important are Direct Effects, Horizontal and Vertical Spillovers?. Joze P. Damijan, Mark Knell, Boris Majcen and Matija Rojec. 548. Does Foreign Direct Investment Increase the Productivity of Domestic Firms? In Search of Spillovers through Backward Linkages. Beata K. Smarzynska. 547. Re-employment Probabilities and Wage Offer Function for Russian Labor Market. Natalia V. Smirnova. 546. Democratization’s Risk Premium: Partisan and Opportunistic Political Business Cycle Effects on Sovereign Ratings in Developing Countries. Steven Block, Burkhard N. Schrage and Paul M. Vaaler. 545. Structural Reforms and Competitiveness: Will Europe Overtake America?. Jan Svejnar. 544. Why the Rich May Favor Poor Protection of Property Rights. Konstantin Sonin. 543. Reinvested Earnings Bias, The “Five Percent” Rule and the Interpretation of the Balance of Payments – With an Application to Transition Economies. Josef C. Brada and Vladimír Tomšík. 542. The Impact of Shareholding Reform on Chinese Enterprise, 1995-2001. Gary H. Jefferson, Su Jian, Jiang Yuan and Yu Xinhua. 541. Defensive and Strategic Restructuring of Firms during the Transition to a Market Economy. Polona Domadenik, Janez Prašnikar and Jan Svejnar. 540. Tenuous Financial Stability. Neven T. Valev and John A. Carlson. 539. Access to Liquidity and Non-monetary Trade. Vlad Ivanenko. 538. International Price-Fixing Cartels and Developing Countries: A Discussion of Effects and Policy Remedies. Margaret Levenstein, Valerie Suslow and Lynda Oswald. 537. Foreign banks in Bulgaria, 1875-2002. Kenneth Koford and Adrian E. Tschoegl. 536. Healthy Organizations and the Link to Peaceful Societies: Strategies for Implementing Organizational Change. Jeannette Jackson and Maria Coolican. Forthcoming in Vanderbilt Journal of Transnational Law 535. Workplace Violence and Security: Are there Lessons for Peacemaking?. Frances E. Zollers and Elletta Sangrey Callahan. Forthcoming in Vanderbilt Journal of Transnational Law 534. 700 Families to Feed: The Challenge of Corporate Citizenship. Tara J. Radin. Forthcoming in Vanderbilt Journal of Transnational Law 533. Governing for Genuine Profit. Michael J. O'hara. Forthcoming in Vanderbilt Journal of Transnational Law 532. Adapting Corporate Governance for Sustainable Peace. Timothy L. Fort and Cindy A. Schipani. Forthcoming in Vanderbilt Journal of Transnational Law 531. Groundings of Voice in Employee Rights. Dana Muir. Forthcoming in Vanderbilt Journal of Transnational Law 530. Gender Voice and Correlations with Peace. Morehead Dworkin and Cindy A. Schipani. Forthcoming in Vanderbilt Journal of Transnational Law 529. The Organizational Model for Workplace Security. Dr. Thomas K. Capozzoli. Forthcoming in Vanderbilt Journal of Transnational Law 528. Nationbuilding 101: Reductionism in Property, Liberty, and Corporate Governance. O. Lee Reed. Forthcoming in Vanderbilt Journal of Transnational Law 527. On Virtue and Peace: Creating a Workplace Where People Can Flourish. Caryn L. Beck-Dudley and Steven H. Hanks. Forthcoming in Vanderbilt Journal of Transnational Law 526. Novartis and the United Nations Global Compact Initiative. Lee A. Tavis. Forthcoming in Vanderbilt Journal of Transnational Law 525. Why Transition Paths Differ: Russian and Chinese Enterprise Performance Compared. Sumon Bhaumik and Saul Estrin. 524. Official Regulations and the Shadow Economy: A Labour Market Approach. Maxim Bouev. 523. Children at Risk: Infant and Child Health in Central Asia. Cynthia Buckley. 522. Wages and International Rent Sharing in Multinational Firms. John W. Budd, Jozef Konings and Matthew J. Slaughter. 521. Gross Job Flows in Ukraine: Size, Ownership and Trade Effects. Jozef Konings, Olga Kupets and Hartmut Lehmann. 520. Entrepreneurial Networking in China and Russia: Comparative Analysis and Implications for Western Executives. Bat Batjargal. 519. Agriculture and Income Distribution in Rural Vietnam under Economic Reforms: A Tale of Two Regions. Loren Brandt and Dwayne Benjamin. 518. Property Rights, Labour Markets, and Efficiency in a Transition Economy: The Case of Rural China. Loren Brandt and Dwayne Benjamin. 517. Bank Discrimination in Transition Economies: Ideology, Information or Incentives?. Loren Brandt and Hongbin Li. 516. Ex-ante Evaluation of Conditional Cash Transfer Programs: The Case of Bolsa Escola. François Bourguignon, Francisco H. G. Ferreira and