William Davidson Institute Working Papers Series

From William Davidson Institute at the University of Michigan
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2004-674: Exchange Rate Policy and Inflation in Acceding Countries: The Role of Pass-through

Fabrizio Coricelli, Bostjan Jazbec and Igor Masten

2004-673: Is Kazakhstan a Market Economy Yet? Getting warmer…

Sharon Eicher

2004-672: Financial Institutions and The Wealth of Nations: Tales of Development

Jian Tong and Chenggang Xu

2004-671: Interest Rate Pass-Through in New EU Member States: The Case of the Czech Republic, Hungary and Poland

Jesús Crespo-Cuaresma, Balázs Égert and Thomas Reininger

2004-670: A Minimum of Rivalry: Evidence from Transition Economies on the Importance of Competition for Innovation and Growth

Wendy Carlin, Mark Schaffer and Paul Seabright

2004-669: Dual Track Liberalization: With and Without Losers

Jiahua Che and Giovanni Facchini

2004-668: Enterprise Restructuring and Firm Performance: A Comparison of Rural and Urban Enterprises in Jiangsu Province

Xiao-yuan Dong, Louis Putterman and Bulent Unel

2004-667: A Tale of Two Provinces: The Institutional Environment and Foreign Ownership in China

Yasheng Huang and Wenhua Di

2004-666: Ownership Characteristics and Access to Finance: Evidence from a Survey of Large Privatised Companies in Hungary and Poland

Natalia Isachenkova and Tomasz Mickiewicz

2004-665: Testing Creditor Moral Hazard in Sovereign Bond Markets: A Unified Theoretical Approach and Empirical Evidence

Ay?e Y. Evrensel and Ali Kutan

2004-663: Modelling Stock Returns in the G-7 and in Selected CEE Economies: A Non-linear GARCH Approach

Balázs Égert and Yosra Koubaa

2004-662: Institutional Change and Product Composition: Does the Initial Quality of Institutions Matter?

Johannes Moenius and Daniel Berkowitz

2004-661: Dual Track Liberalization: With and Without Losers

Jiahua Che and Giovanni Facchini

2004-659: Creditor Moral Hazard in Equity Markets: A Theoretical Framework and Evidence from Indonesia and Korea

Ali Kutan and Ayse Y. Evrensel

2004-658: Worsening of the Asian Financial Crisis: Who is to Blame?

Ali Kutan and Brasukra G. Sudjana

2004-656: The Impact of News, Oil Prices, and Global Market Developments on Russian Financial Markets

Bernd Hayo and Ali Kutan

2004-655: Politics and Economic Reform in Malaysia

Bryan K. Ritchie

2004-654: The Evolution of Income Inequality in Rural China

Dwayne Benjamin, Loren Brandt and John Giles

2004-653: The sources of Real Exchange Fluctuations in Developing Countries: an Econometric Investigation

Imed Drine and Christophe Rault

2004-652: Ownership, Control and Corporate Performance After Large-Scale Privatization

Jan Hanousek, Evžen Ko?enda and Jan Svejnar

2004-651: Czech Social Reform/Non-reform: Routes, Actors and Problems

Jiri Vecernik

2004-649: Corporate Investments, Liquidity and Bank Financing: Empirical Evidence from an Emerging Market

Arun Khanna

2004-648: Financial Constraints in Investment - Foreign Versus Domestic Firms. Panel Data Results From Estonia, 1995-1999

Tomasz Mickiewicz, Kate Bishop and Urmas Varblane

2004-647: Legal Minimum Wages and the Wages of Formal and Informal Sector Workers in Costa Rica

Thomas (Tim) Gindling and Katherine Terrell

2004-645: Transition on the Shop Floor - The Restructuring of a Weaving Mill, Hungary 1988-97

János Köll?

2004-644: Fighting “Low Equilibria” by Doubling the Minimum Wage ? Hungary’s Experiment

Gábor Kertei and János Köll?

2004-643: Mind the Break! Accounting for Changing Patterns of Growth during Transition

Jan Fidrmuc and Ariane Tichit

2004-641: Community Norms and Organizational Practices: The Legitimization of Wage Arrears in Russia, 1992-1999

John Earle, Andrew Spicer and Klara Sabirianova Peter

2004-640: TRUST IN TRANSITION: CROSS COUNTRY AND FIRM EVIDENCE

Martin Raiser, Alan Rousso and Franklin Steves

2004-639: Finance, Human Capital, Technical Assistance, and the Business Environment in Romania

J. David Brown, John Earle and Daniela Lup

2004-638: The Politics of Economic Reform in Thailand: Crisis and Compromise

Allen Hicken

2004-637: How Much Restructuring did the Transition Countries Experience? Evidence from Quality of their Exports

Yener Kandogan

2003-635: Measuring the Value Added by Money in Trade

Vlad Ivanenko

2003-634: Sensitivity of the Exporting Economy on the External Shocks: Evidence from Slovene Firms

Janez Prašnikar, Velimir Bole, Aleš Ahcan and Matjaž Koman

2003-633: Reputation Flows: Contractual Disputes and the Channels for Inter-firm Communication

William Pyle

2003-632: The Politics of Development Policy and Development Policy Reform in New Order Indonesia

Michael T. Rock

2003-631: The Reorientation of Transition Countries’ Exports: Changes in Quantity, Quality and Variety

Yener Kandogan

2003-630: Inequality of Outcomes and Inequality of Opportunities in Brazil

François Bourguignon, Francisco Ferreira and Marta Menéndez

2003-629: Job Search Behavior of Unemployed in Russia

Natalia Smirnova

2003-628: How has Economic Restructuring Affected China’s Urban Workers?*

John Giles, Albert Park and Fang Cai

2003-627: The Life Cycle of Government Ownership

Jiahua Che

2003-626: Blocked Transition And Post-Socialist Transformation: Serbia in the Nineties

Silvano Bolcic

2003-625: Generalizing the Causal Effect of Fertility on Female Labor Supply

Guillermo Cruces and Sebastian Galiani

2003-623: Firm-Specific Variation and Openness in Emerging Markets

Kan Li, Randall Morck, Fan Yang and Bernard Yeung

2003-622: Exchange Rate Regimes and Volatility: Comparison of the Snake and Visegrad

Juraj Valachy and Evžen Ko?enda

2003-619: Are Foreign Banks Bad for Development Even If They Are Efficient? Evidence from the Indian Banking Industry

Sumon Bhaumik and Jenifer Piesse

2003-618: The Echo of Job Displacement

Marcus Eliason and Donald Storrie

2003-617: Deposit Insurance During EU Accession

Nikolay Nenovsky and Kalina Dimitrova

2003-616: Skill-Biased Transition: The Role of Markets, Institutions, and Technological Change

Klara Sabirianova Peter

2003-615: Initial Conditions, Institutional Dynamics and Economic Performance: Evidence from the American States

Daniel Berkowitz and Karen Clay