Showing 1 - 10 of 126
For transition economies labour market flexibility is necessary for successful restructuring and reallocation of labour force and for coping with the requirements of the European Monetary Union. In this paper we apply a novel approach to the issue of labour market flexibility in transition...
Persistent link: https://www.econbiz.de/10010261600
This paper presents one of the first studies of firm demographics in Estonia, particularly, on the processes of firm … Estonia during the observed period from 1995 to 2001, resulting from low institutional entry barriers and emergence of the SME …
Persistent link: https://www.econbiz.de/10010261995
This article documents and analyses gross job flows and their determinants in Estonia over the years 1995-2001, using a … database containing the population of officially registered firms in Estonia (all in all 52,000). Our results show that job … creation and job destruction rates have been rather high in Estonia and are comparable to the levels documented for the US. We …
Persistent link: https://www.econbiz.de/10010267645
planning and ask about differences in job creation across two different transition economies: Estonia, which experienced rapid …
Persistent link: https://www.econbiz.de/10010274316
use individual level Estonia Census data in order to investigate the ethnic dimensions of suburbanisation. The results …
Persistent link: https://www.econbiz.de/10010278643
This paper is a first attempt to study the size and development of the shadow economies of 157 countries over 1999 to 2013. Using a MIMIC model, we find that higher tax and regulatory burden, unemployment and self-employment rates are drivers of the shadow economy, meaning that an increase of...
Persistent link: https://www.econbiz.de/10011584596
The purpose of this study is demonstrating why entrepreneurs should monitor the broad dollar index. This paper explains the reason why the broad dollar index has become a risk (leverage) gauge since 2008 using the Covered Interest Parity (CIP). CIP can be viewed as a reflection of the shadow...
Persistent link: https://www.econbiz.de/10013351755
Contrary to most existing studies of the literature that assumed that the effects of real exchange rate (RE) misalignment on trade flows are symmetric, this paper considers a more general and realistic framework allowing for possible asymmetric effects. We use monthly time-series data over the...
Persistent link: https://www.econbiz.de/10013351774
In this paper, a survey on theoretically expected and empirically proved impacts of exchange rate volatility is given. With regard to the West German unemployment, the effects of volatility are empirically analysed using three different volatility measures and four country groups. In...
Persistent link: https://www.econbiz.de/10010262270
The aim of this paper is to provide new empirical evidence on the impact of international financial integration on the long-run Real Exchange Rate (RER) in 39 developing countries belonging to three different geographical regions (Latin America, Asia and MENA). It covers the period 1979-2004,...
Persistent link: https://www.econbiz.de/10010271575