Even though informal employment is wide-spread in transition economies the literature on this phenomenon in the region is rather scarce. For policy makers it is important to know the incidence and the determinants of informal employment. In the first part of the paper we demonstrate that its...

Evaluation of corrupt activities is incrementally based on administration of questionnaires to firms in business, and generally involves a large number of items. Data collected by questionnaires of this type can be analyzed by Latent Class (LC) models in order to classify firms into homogeneous...

This paper examines the roles of cost of labour input and competition on productivity dispersion in the Vietnamese manufacturing sector. We look at the effect accounting for labour input quality has on explaining productivity dispersion. This paper tests the hypothesis that mismeasurement of...

The paper analyzes the experience of the Central and East European candidate countries with respect to major macro-level changes in the structure of their economy relevant for their catching up. More precisely, the production and utilization sides of the GDP, as well as the structure of...

The objective of this paper is to test the exchange rate regime – growth nexus in transition economies by looking if and how some inherent characteristics of the transition process might have affected the de-facto classifications of exchange rate regimes. 28 transition countries of Central and...

This paper is analyzing a dynamic evolutionary game of firm-bank interaction to underline the importance of the interaction regime for encouraging or discouraging soft-budget phenomena and financial disorder. The poor performance of public sector's firms, which led globally to quests for the...

This paper examines the principal agricultural transformations in a selected group of former socialist countries in Asia and Eastern and Central Europe, using commonly-accepted indicators such as physical output, labor productivity, and agricultural yields, and offers some relevant...

The impact assessment of education and gender on mid-career labour income in a transitional economy could provide for better understanding of the influence of the labour market dynamics over individuals with different characteristics. Here, we attempt to find an answer to the question: How...

Rural micro-enterprises are an important factor in sustainable rural development in post-transitional Eastern Europe. This paper deals with determining the key factors influencing profitability in rural micro-enterprises in Poland. The research design was based on a questionnaire survey of 300...

In this paper we empirically test the dependence of the Russian stock market on the world stock market, world oil prices and Russian political and economic news during the period 2001-2010. We find that oil prices are not significant after 2006, the Japan stock index is significant over the...