This paper analyses the connection between resource wealth, governance and economic performance in Turkmenistan and Uzbekistan. Since independence, both countries have remained heavily resource-dependent and they have had political stability, but despite some similarities, their economic...

Let a society's unhappiness be measured by the aggregate of the levels of relative deprivation of its members. When two societies of equal size, F and M, merge, unhappiness in the merged society is shown to be higher than the sum of the levels of unhappiness in the constituent societies when...

With the exception of Ireland most OECD countries can be described by a similar demographic development which forces the welfare state to reform their social security systems and especially their pension systems. The populations of all the member states are shrinking and getting older. This...

Two dynamic sticky price models with monopolistic competition in the goods market are presented. In the first model, each intermediate goods producer faces quadratic costs of adjusting its nominal price as introduced by Rotemberg (1982); the second model incorporates staggered price setting as...

In this paper, I examine how family related employment interruptions for women in the FRG (Federal Republic of Germany) and the GDR (German Democratic Republic) looked like in the period prior to German reunification. Furthermore, I investigate how career interruptions developed after the German...

The beginning of the employment career is often associated with phases of unemployment. We argue that unemployment has different implications for different educational groups on future employment career depending on institutional settings in the UK and Germany. While search and matching models...

Community legislation is unquestionably a factor to be reckoned with in member-state policy making. But the extent and mode of its impact on domestic policies and administrative structures will depend on the existing policy practices and the political and institutional structures of the country...