An attempt has been made to determine the variables that have a significant bearing on the economic and political institutional quality, taking a sample of member countries of IMF, especially focusing on the programme countries and prolonged users, during 1980-2012. Main results point towards a...

Exact diagnostics of inflation reasons is the necessary condition of correct stabilization policy oriented to social progress. The dominant type of inflation in Ukraine is cost-push inflation. The purpose of the article is to analyse inflation in Ukraine as a process of income redistribution...

The presented article deals with labour market institutions and labour market performance in the European Union. The first chapter is devoted to theoretical and methodological background of labour market performance. Theoretical literature has created a set of institutional aspects such as...

Using longitudinal information on labour market participation we analyse the dynamics of unemployment in Europe. We focus in particular on individuals with a poor attachment to the labour market. The countries under scrutiny are clustered into four ideal-typical welfare regimes. Overall, a...

This study reviews selected indicators on skills and productivity for the period 2000-2008 using labour force survey data. The review of the labour market demonstrates the need of enhancement of skills as well as improved access to skills and education which are necessary to enter a virtuous...

Labour market is a multi-dimensional entity, with inexorable institutional affiliation. Therefore, the studies on labour market fail to evolve a logical framework to its structure with satisfactory consensus to the theoreticians in totality. It is very interesting to examine the various...

The informal sector (IS) in developing countries plays significant roles viz., the provision of employment, incomes and supplying ignored markets. However, the working and employment conditions in the sector are still poor. Thus, its expansion and changing structures have drawn the attention of...

Institutional competition is often discussed as an instrument of market creation and preservation in transition and development economies. The post-Soviet space offers an interesting case study for the analysis of this problem: increasing international investment flows and absent policy...

The proportion of college graduates in the United States labor force increased steadily after 1970. On the other hand, skill premium decreased during the 1970s but it increased during the 1980s and the 1990s. The law of demand and supply explains the decrease in the skill premium during the...

This paper studies the institutional reform process in Central Asia from a choice perspective. We compare institutional reform processes of Central Asian countries from 1995 to 2006 to those conducted in their neighbouring countries in Central and (South) Eastern Europe, Russia, and the Middle...