The paper offers new insights on the subject of financial contagion using a meta-analysis methodology and paying particular attention to the transition economies of Central and Eastern Europe (CEE). The results show that on average, asset market correlations have increased during turbulent...

The paper is aiming to clarify the possible determinants of peoples’ attitudes towards immigrants depending on their personal characteristics as well as attitudes towards households’ socio-economic stability and a country's institutions relying on the data of the European Social Survey...

The paper estimates equations for regional income convergence in selected EU countries and their NUTS 3 level regions during the European Union pre-enlargement period (1995-2002), using both spatial and non-spatial approaches. There has been absolute income convergence between regions in both...

The existing literature on return migration has resulted in several studies analysing the impact of foreign work experience on the returnees’ earnings or their decision to become self-employed; however, in this paper we analyse the less studied effect on occupational mobility – how the job in...

Most of the empirical studies on the micro-level effects of exporting on productivity pay little attention to the potentially heterogeneous effects of the different modes of export market entry. We study how productivity of firms is affected by export entry simultaneously into several markets or...

The emerging literature on the characteristics of innovation processes in the service sector has paid relatively little attention to the links between innovation and productivity. In this paper we investigate how the innovation-productivity relationship differs across various sub-branches of the...

Export experience of managers and other top specialists is among the key drivers of export decisions in firms. We show evidence of this regularity based on employer-employee level data from the manufacturing industry in Estonia. We find that hiring managers and other high-wage employees with...

Systems of profit taxation are undergoing continuous change and are subject to numerous studies. This paper estimates the effect of the corporate tax reform in Estonia in the year 2000, a reform that was unique anywhere. This reform nullified the taxation of retained earnings and retained the...

The aim of the current paper is to estimate the need for new PhDs in the Estonian academic sector for the 5-year period 2007-2012 using a survey of employers, such as universities, institutions of applied higher education and research institutes. The doctoral workforce in all countries around...

A growing literature is trying to analyse the productivity gap between domestic and foreign firms with differences in innovation indicators. In our paper we analyse the relationship between inward and outward FDI at either company or industry level and the innovation behaviour of companies in...