English. During the period of fifteen years from the beginning of the transition from the communist to market economy in Eastern and Southeastern Europe countries, there has been a lot of empirical evidence about this process and its results. One of the most important aspects of this process is...

English Abstract: As wages are the primary means of income for the majority of people in every country in the world, understanding the reasons for differences in wages is important for human welfare. One potential source of differences in wages between countries is differences in the degree of...