"Anders als in den westlichen Industriestaaten stehen in den RGW-Ländern die Regelungen des Übergangs in den Ruhestand völlig unter dem Eindruck daß Arbeitskräftemangel herrsche. Sowohl die Anwendung der flexiblen Altersgrenze wie auch die Erhöhung materieller Anreize zur Fortsetzung der...

This paper considers the education of the labour force based on an analysis of trends in and the relationships between job polarization and skills mismatch. Both job polarization and skills mismatch have become topics of increasing interest, but relationships between the two have been relatively...

Transformation erfordert die Veränderungen von Institutionen und die Öffnung von Finanzmärkten. Allerdings gelten zehn Jahre nach Beginn der Transformation Institutionen und die Funktionsweise der Finanzmärkte noch immer als Problemfelder der Reformen in Mittel- und Osteuropa. Damit werden...

We look at the differences in regional unemployment rates in six major transition countries and their persistence over time. We analyse the role various adjustment mechanisms play. While movement out of the labour force seems to be one consequence in many regions with high relative unemployment,...

The main purpose of this paper is to examine the international competitiveness of the Turkish economy and the structure of specialisation in foreign trade in comparison with the five EU candidate countries Bulgaria, the Czech Republic, Hungary, Rumania, Poland and the EU/15. This research work...

The enlargement of the European Union will bring many political, economical and structural changes on the Continent, which require careful and deep analysis to be made. This paper will grasp the enlargement of the European Union from the aspect of the trade pattern and trade specialization of...

We argue that monetary policies in euro-candidate countries should also aim at mitigating excessive instability of the key target and instrument variables of monetary policy during turbulent market periods. Our empirical tests show a significant degree of leptokurtosis, thus prevalence of...

This paper uses a simple VAR analysis to examine 5 CEE countries (the Czech Republic, Hungary, Poland, Romania and Slovakia) in order to understand whether their business cycles are synchronized with each other and/or with the major economies that they are supposed to be linked with, namely the...

In this paper we document and analyse gross job flows in five transition countries, Poland, Estonia, Slovenia, Bulgaria and Romania. Using comparable firm level data over the years 1993- 1997, we find that in early transition job destruction dominates job creation, while the latter is picking up...

Many governments offer significant inducements to attract inward investment, motivated by the expectation of spillover benefits. Foreign direct investment (FDI) is generally perceived as the best channel for technology transfer, not only across national boundaries but also between firms - in...