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Does Employment Protection Legislation Affect Firm Investment? The European Case

Calcagnini, Giorgio; Giombini, Germana - Facoltà di Economia, Università degli Studi di Urbino - 2009

This paper aims at analyzing the impact of Employment Protection Legislation (EPL) on frms' investment policies in the … optimal investment policy, even in the presence of stringent Employment Protection Laws, than those facing financial …

Persistent link: https://www.econbiz.de/10005538999

Does employment protection legislation affect firm investment? The European case

Calcagnini, Giorgio; Ferrando, Annalisa; Giombini, Germana - In: Economic Modelling 36 (2014) C, pp. 658-665

This paper aims at analyzing the impact of Employment Protection Legislation (EPL) on firms' investment policies in the … position to determine their optimal investment policy, even in the presence of stringent employment protection laws, than those …

Persistent link: https://www.econbiz.de/10010729843

Estonia, the New EU Economy. Building a Baltic Miracle?

Maciulis, Nerijus - In: Baltic Journal of Management 2 (2007) 1, pp. 110-111

Persistent link: https://www.econbiz.de/10014685485

Assessing the Sustainability of Credit Growth: the Case of Central and Eastern European Countries

Coudert, Virginie; Pouvelle, Cyril - Centre d'études prospectives et d'informations … - 2009

Strong credit growth rates in transition countries may result from a normal catching-up process in a framework of …

Persistent link: https://www.econbiz.de/10008493427

Assessing the Sustainability of Credit Growth: The case of Central and Eastern European Countries

Coudert, Virginie; Pouvelle, Cyril - In: European Journal of Comparative Economics 7 (2010) 1, pp. 87-120

Credit growth rates as high as 30% or 50% a year were observed in some Central Eastern European countries (CEECs) in 2006-2007, such as the Baltic States, Bulgaria or Romania. This strong credit growth could have been due to the catching-up process but could also have been excessive, paving the...

Persistent link: https://www.econbiz.de/10008465471

Financial and economic development link in transitional economies : a spectral Granger causality analysis 1991-2017

Škare, Marinko; Porada-Rochoń, Małgorzata - In: Oeconomia Copernicana 10 (2019) 1, pp. 7-35

Persistent link: https://www.econbiz.de/10012230278

Measuring credit structure impact on economic growth in Croatia using (VECM) 1990-2018

Škare, Marinko; Sinković, Dean; Porada-Rochoń, … - In: Journal of business economics and management 20 (2019) 2, pp. 294-310

Studies on the finance-growth link use different proxy variables for financial development. Among the most used is the total credit share in the GDP. Previous empirical studies show to be sensitive to the choice of the finance proxy indicator. Total credit share in the GDP appears biased in...

Persistent link: https://www.econbiz.de/10012175688

Measuring credit structure impact on economic growth in Croatia using (VECM) 1990-2018

Škare, Marinko; Sinković, Dean; Porada-Rochoń, … - In: Journal of Business Economics and Management (JBEM) 20 (2019) 2, pp. 294-310

Persistent link: https://www.econbiz.de/10015401436

Equilibrium Wage Arrears: A Theoretical and Empirical Analysis of Institutional Lock-In

Earle, John S.; Sabirianova, Klara Z. - 2000

We present a model of wage contract violation that implies a possibility of multiple equilibria in the level of arrears. Positive feedback arises because each employer's arrears affect the costs of late payment faced by other employers operating in the same labor market, resulting in a network...

Persistent link: https://www.econbiz.de/10010262404

Wage growth and inequality change during rapid economic transition

Gang, Ira N.; Stuart, Robert C.; Yun, Myeong-Su - 2006

East Germany, a unique socialist command economy prior to the 1990s, underwent rapid transition to a market …-oriented economic system. This transition has been of intense interest given the environment of Eastern Germany vis-a-vis Western … Germany, a setting different from most other transition economies. However, changes in the Eastern wage structure during …

Persistent link: https://www.econbiz.de/10010266345