Statistische Diskussionsbeiträge
ISSN (print) 0949-068X
URN urn:nbn:de:kobv:517-series-792
Herausgegeben von
Prof. Dr. Andreas Nastansky, Professur für Quantitative Methoden und Mathematik, Hochschule für Wirtschaft und Recht Berlin, Fachbereich Duales Studium
URN urn:nbn:de:kobv:517-series-792
Herausgegeben von
Prof. Dr. Andreas Nastansky, Professur für Quantitative Methoden und Mathematik, Hochschule für Wirtschaft und Recht Berlin, Fachbereich Duales Studium
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- corporate governance (1)
- econometric modelling (1)
- shareholders (1)
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This paper investigates the formation of the ownership structure and the corporate governance system of the Ukraine as a country in transition. Numerous studies consider that privatization results in the establishment of a proprietors’ motivation mechanism. On the other hand it causes ownership concentration in the hands of a few shareholders and managers. The goal of economic reform in transition and, largely, its pace, is measured by the degree to which shareholders participate in short- and long-term corporate value creation. Shareholder access to such created value depends on the ability of corporate “insiders”, especially executives and management, to claim a disproportionate share of corporate value (the “insider effect”). An econometric analysis of the correlation between privatization and macroeconomic factors studies the degree of effectiveness of economic reforming in Ukrainian regions.
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This paper tries to apply common methods to estimate unbiased coefficients for the return to schooling in Germany for the year 2004. Based on the simple Mincer-type wage equation, the return to schooling is around 9.5% per year. There is no sheepskin effect. As expected the return in the private sector is higher than in the public sector. Females have a higher return than males, but there are no differences between East and West Germans. An Instrumental Variables and a 3-Stage-Least-Squares approach give very high returns. For correcting the sample selection, the Heckman Two Step Procedure and the Heckman Maximum Likelihood Approach are used. For both methods, the coefficients are very similar, but higher than without correcting for it.
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Inhalt: Datengrundlage und Probleme - Datenbasis - Probleme Entwicklung des Verarbeitenden Gewerbes - Allgmeine Entwicklung 1995 bis 2003 in Berlin und Brandenburg - nach Regionen - nach Hauptgruppen - nach Betriebsgrößenklassen Investitionsentwicklung - Allgemeine Entwicklung von 1995 bis 2003 in Berlin und Brandenburg Exportentwicklung - Allgemeine Entwicklung von 1995 bis 2003 in Berlin und Brandenburg
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Inhalt: Immobilienindizes in Deutschland -Überblick -Immobilienindex der BulwienGesa AG Zeitliche Disaggregation von Indexreihen mit Hilfe kubischer Splines -Problemstellung -Ermittlung der Polynomialkoeffizienten und Interpolation der Zwischenwerte -Anwendung des Splines auf den Halifax House Price Index Erzeugung vierteljährlicher Indexreihen auf der Grundlage von Daten der BulwienGesa AG