In this paper, we investigate how much of the wage differences between workers and districts is explained by employee and employer characteristics and by differences in regional characteristics. For this purpose, we use the Ministry of Finance's annual wage survey, which provides detailed data...

The role of multinational companies is significant in each of the national and thus in the global economy. The longstanding debate in the literature is whether the economic growth is more likely to be driven by the large-scale enterprises or small and medium-sized enterprises, especially if the...

The starting point of this paper is a widely shared fundamental preference according to which Hungary should follow a fast, sustainable development path and catch up with the developed world in the foreseeable future. Questions raised in this paper are related to the instrumental preferences....

The paper investigates the effect of teacher characteristics (experience, level of education attainment and credentials, gender) on the achievement of eighth grade students using matched student-teacher data from the 1999, 2003 and 2007 TIMSS surveys. The analysis covers European countries, thus...

By making use of Duncan & Hoffman's empirical model, the economic returns to overeducation and undereducation are estimated using comparable microdata from the middle of the 2000s for 25 European countries. The estimates confirm some of the main results found in the literature. The wage premium...

The paper examines the labour-market position of persons with the higher-education diploma in Hungary. First, using simple labour-market indicators and international-comparison data, we find that persons with the higher-education diploma in Hungary are in a relatively good position in terms of...

This paper estimates the effect of school starting age on academic performance using the 2006 "National Assessment of Basic Competencies" (NABC), focusing on disadvantaged and non-disadvantaged children. The instrumental variable estimates of the school starting age imply that those who start...

The paper uses data from a large representative survey of Hungarian higher education graduates (DPR 2010) to study the early labour market effects of field of study and college quality. Propensity score matching average treatment effect method is used to reveal the effect of the field of study,...

Although apprenticeship training has been praised for its effectiveness in smoothing the school-to-work transition of non-college bound students in Western European dual education systems, there is a lack of evidence from Central Eastern Europe. Using a unique individual-level panel database,...