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Market position of selected competitors of the Czech wine market
market position mapping sales return on assets wine production
2014/3/10
The paper tries to map the market position of eight competitors of the Czech wine market in the period 2001–2006. Authors use the Map of the Marketplace approach and compare key economic indicators – ...
Short-time behaviour of demand and price viewed through an exactly solvable model for heterogeneous interacting market agents
demand price viewed market agents
2010/12/13
We introduce a stochastic heterogeneous interacting-agent model for the short-time non-equilibrium evolution of excess demand and price in a stylized asset market. We consider a combination of social ...
AbstractThis paper examines the development of the land lease market in rural China. Special attention is paid to productive heterogeneity among farmers and the openness of the labor market in activat...
Abstract: This paper examines the relationship between the black-market premium and the rate of inflation under a dual exchange rate regime consisting of an official market and a black market. By expl...
Leadership Forum
The 15 Years of Poland’s Thorny Road to Market and Democracy
-Lessons for China
by
Professor Grzegorz W. Kolodko
Former Polish Deputy Premier and Minister of Finance
Director ...
INTRODUCTIONOne of the most important events in the modern economic history is the socialist countries’ transition from the Soviet-type planned economy to a market economy starting in the last two dec...
Abstract
Washington consensus and shock therapy forgot Keynesian lessons from the Great Depression: market instability and the active role of government in promoting growth. The severe output decline...
Building Up A Market-oriented Research and Education Institution in A Transitional Economy
2008/1/17
Building Up A Market-oriented Research and Education Institution in A Transitional Economy: The Experience of the China Center for Economic Research at Peking University
Justin Yifu Lin
Peking Uni...
Direct substitutes and indirect complements in durable goods market: The digital camera mark
2008/1/14
主讲人
Junji Xiao
Shanghai University of Finance and Economics
题目
Direct substitutes and indirect complements in durable goods market: The digital camera market 2001-2004
JUNJI XIAO
Contact Info...
China’s Quest for Alternative to Neo-liberalism: Market Reform, Economic Growth, and Labor
China market reform economic growth labor
2010/12/7
Since the turn of the century, China’s state and society have focused their efforts on “constructing a harmonious society”. Viewed from the perspective of globalization, these efforts represent a ques...
Emerging Market Business Cycles: The Cycle Is the Trend
Emerging Market Business Cycles The Cycle Is the Trend
2014/3/12
Emerging market business cycles exhibit strongly countercyclical current accounts, consumption volatility that exceeds income volatility, and “sudden stops” in capital inflows. These features co...
THE ANATOMY OF MARKET POWER IN ELECTRICITY MARKETS WITH HYDROPOWER AS A DOMINATING TECHNOLOGY
Hydropower thermal power market power flexibility-corrected price competitive fringe.
2014/6/25
The problem of optimal management of a water reservoir by a hydropower producer is necessarily a dynamic one since water can be transferred between periods. A hydropower producer being a monopolist c...
Inventory Effects of Two Risk-Averse Market Makers
market microstructure inventory risk-averse market maker coalition
2010/12/7
The inventory positions of two risk-averse market makers are introduced into a Kyle (1985) type batch trading model and the effects analyzed. An equilibrium is defined including participation constrai...
Benchmarking and Fair Pricing Applied to Two Market Models
growth optimal portfolio benchmark approach fair pricing
2010/12/7
This paper considers a market containing both continuous and discrete noise. Modest assumptions ensure the existence of a growth optimal portfolio. Non-negative self-financing trading strategies, when...
Relative Market Share, Leadership and Competition in Concentrated Banking Markets
Relative Market Share Leadership and Competition Concentrated Banking Markets
2014/6/26
For many years IO economists devoted attention to the size distributions’ of firms in a given industry. Most studies showed that the size distribution of firms in oligopolistic markets is highly skewe...