The current extensive literature on the home-country employment effect of FDI focuses almost exclusively on the case of investments from high-income and high labour cost home countries. In our paper we analyse the home-country employment effect in Estonia as a lowcost medium-income transition...

This article studies how changes in the statutory minimum wage have affected the wage distribution in Estonia, a post-transition country with little collective bargaining and relatively large wage inequality. The analyses show that the minimum wage has had substantial spillover effects on wages...

Differences in the toughness of competition are likely to be one of the major determinants of the large dispersion in productivity, costs and output prices across firms even within narrowly defined sectors and geographical markets. This dissertation examines how increase in the intensity of...