This study investigates the effect of ex-prisoners on the unemployment rate at times of low rate of unemployment as well as examines the effect of the unemployment rate on the recidivism rate in the Czech Republic during the period 1992-2018. The Czech Republic has a significant issue with the...

The Czech Republic entered the pandemic on a strong economic footing. Amid another surge in virus infections, the outlook is for a continued rebound in activity. However, the risks are tilted to the downside. Inflation remained marginally above the upper tolerance band in 2020 and increased...

Paper demonstrates the existence of a welfare trap in the Czech Republic, created by the tax and social security systems. Combining individual data from the Czech Labor Force Survey and the Czech Household Income Survey, the analysis exploits the difference between the available social benefits...

Unemployment in the Czech Republic has been relatively low since inception of transition. Potential explanatory factors are high private sector employment growth, excess wage increase taxation, cuts in unemployment benefits, labor force withdrawels and active labor market policies. This paper...

In this paper we evaluate the part played by the unemployment compensation systems (UCS) in the generally high unemployment rates experienced in the transition and we provide an explanation for the differences in the performances of the Czech and Slovak labor markets. Using data we collected...

We analyse women's weekly probabilities of leaving unemployment in the Czech and Slovak Republics (CR and SR) in order to investigate three questions: 1) Why are unemployment rates much lower in the CR than the SR?; 2) Does the unemployment compensation scheme (UCS) substantially lengthen...

More than regulations, laws on the books, or voluntary codes, enforcement is a key to creating an effective business environment and good corporate governance, at least in developing countries and transition economies. A framework is presented to help explain enforcement, the impact on corporate...

The World Bank has published a series of reports on corporate governance as part of its project on the Reports on the Observance of Standards and Codes (ROSC). The corporate governance principles in its ROSC Reports are benchmarked against the OECD's Principles of Corporate Governance (OECD...