In the conventional textbook demand-supply model of competitive labour markets, introduction of a minimum wage above the market-clearing level must reduce employment. Empirical findings suggest, however, that this might not always be the case, which appears to be most readily explained by...

Analyses of the Hungarian employment situation are almost always concerned only with the change in the number of the employed, unemployed and inactive, not paying particular attention to the flows between these states. This paper discusses a method of calculating labour market flows in a...

The paper examines the labour-market position of persons with the higher-education diploma in Hungary. First, using simple labour-market indicators and international-comparison data, we find that persons with the higher-education diploma in Hungary are in a relatively good position in terms of...

Analyses of the Hungarian employment situation are almost always concerned only with the change in the number of the employed, unemployed and inactive, not paying particular attention to the flows between these states. This paper discusses a method of calculating labour market flows in a...

The paper uses data from a large representative survey of Hungarian higher education graduates (DPR 2010) to study the early labour market effects of field of study and college quality. Propensity score matching average treatment effect method is used to reveal the effect of the field of study,...