The aim of this study is to present the characteristic of present-day migrants and the potential for possible migration after the opening of the labour markets in Austria and Germany. The econometric analysis shows that differences in unemployment rates between sending and receiving countries...

In this article we estimate a small dynamic factor model (DFM) for the short-term forecasting of Slovak GDP. The model predicts the developments of real activity in the next two quarters on the basis of monthly data, which are published earlier than GDP. The regular release of various monthly...