With the collapse of the socialist system in Eastern Europe and the advancement of the European Union integration process of the formerly communist countries, many of which are increasingly likely to join the single European market in the foreseeable future, the informal sector in transitional...

Motivated by the importance of the “displaced worker” phenomenon in both the East and the West, in this paper the authors analyze a model of job search behavior where the unemployed worker has imperfect knowledge of the wage offer distribution. This paper attempts within the limits imposed...

The paper investigates the taxonomy of the households participating in informal activities in Romania using econometric and clusters analysis. The models employed consider that the economy consists of three sectors: formal, informal and public. Only economic agents and workers in the formal...

The process of European Union enlargement brings both economic benefits and costs to Eastern European candidate countries. While the latter are in general more visible directly and frequently occur in the short run, the former are more difficult to quantify and not that obvious for the taxpayer...

The paper reviews theories of information technology adoption and organizational form and applies them to an empirical analysis of firm choices and characteristics in four transition economies: the Czech Republic, Hungary, Romania, and Slovakia. We argue that these economies have gone through...

The paper reviews theories of information technology adoption and organizational form and applies them to an empirical analysis of firm choices and characteristics in four transition economies: the Czech Republic, Hungary, Romania, and Slovakia. We argue that these economies have gone through...