Poland disposes on a large stock of mostly aged private passenger cars. In contrast younger cars still play minor role in individual mobility. The contribution analyzes reasons of lagging modernization by focusing on new cars prices with respect to regional price discrimination. It finds in...

Rules of employment protection installed by legislation or wage agreements should enhance the failures of the labour market mechanism, for instance to stabilize the demand for labour force over several time periods. Fluctuation of human capital is mostly connected with costs for both parties of...