After a long downturn, the economies of transition countries have bounced back with strong output growth and stable fiscal and monetary policies. The group ranges from large countries like Russia, with extensive resources to much smaller countries in Central and Eastern Europe. The change of...

This study consists of three empirical essays that analyse the impact of corruption on foreign direct investment, institutions and growth linkages and subjective well-being in transition countries.

This dissertation analyzes the importance of institutions for economic performance. The first two chapters assess the importance of institutions empirically, while the last one provides a dynamic model of institutional change. Chapter 1 analyzes the robustness of institutions in growth...

The German apprenticeship system has often been considered a role model for vocational education. But recent shortages in apprenticeship positions have led to a renewed debate about appropriate training policy. At present, there are renewed calls to introduce a training levy scheme, which would...

In this study we analyze how markets work in the Information Society. In particular we concentrate on three important markets: the software market, the broadcasting market and "technology markets" where intellectual property rights can be traded. All these markets are characterized by modes of...