Firms in post-transition economies are frequently considered less efficient than those in more advanced market economies. By relying on the World Bank Enterprise Survey for the year 2019, firm-level technical inefficiency is estimated by the stochastic frontier analysis method for a sample of...

Inflation is one of key policy variables in the European Union. Keeping inflation below 2 percent is the main proclaimed goal of the European Central Bank. Monitoring inflation dynamics is even more important for the EU candidate countries, as it forms a crucial part of the so called Maastricht...