Human capital is one of the most important driving forces for economic competitiveness, development and growth. One half of a nation’s skills, knowledge, and productivity is represented by women. In the long run a country’s economic performance depends on how effectively and to what extent...

The goal of this paper is to investigate the validity of PPP for a heterogeneous group of 12 transition countries with respect to dollar and euro. The analysis relies on monthly data frequency covering the period of 1994-2008. The first generation of panel unit root tests is based on the...