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Informational content of prices set using excess demand: the natural experiment of Czech voucher privatization

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    0155834 - NHU-N 20010088 RIV NL eng J - Journal Article
    Filer, R. - Hanousek, Jan
    Informational content of prices set using excess demand: the natural experiment of Czech voucher privatization.
    European Economic Review. Roč. 45, č. 9 (2001), s. 1619-1646. ISSN 0014-2921. E-ISSN 1873-572X
    R&D Projects: GA AV ČR KSK9058117
    Institutional research plan: CEZ:AV0Z7085904
    Keywords : markets * efficiency * privatization
    Subject RIV: AH - Economics
    Impact factor: 0.926, year: 2001

    The natural experiment of voucher privatization in the Czech Republic is used to test whether prices that were adjusted in a limited number of discrete steps based primarily on the extent of excess demand or supply are able to fully reflect both public and private information.
    Permanent Link: http://hdl.handle.net/11104/0053306

     
     

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