The paper focuses on the labor "hoarding" problem in Russian. We studied two forms of "hoarding": unpaid leaves and short-time work. Our research is based on the Russian Longitudinal Monitoring Survey (RLMS) database. The paper exploits individual panel data between 1994 and 1996. We show that...

The paper describes the main determinants of electricity intensity in twenty-nine transition economies. We provide an original analysis on the way the local power sector unreliability may affect the firm-level electricity intensity. The paper explains the different firm’s behaviour, within EU...

In this paper we provide original findings on the impact of local financial development (LFD) on manufacturing firms' energy intensity in European and Central Asian (ECA) post communist countries. We implement the two-step method of Guiso et al. (2004) in order to build a lagged measure of...