Contrary to the received view, we maintain that Hayek’s monetary policy recommendations were not inconsistent. The prevalent perception of early Hayek as the money stream stabilizer and late Hayek as the price level stabilizer is attributable to an unjustified normative interpretation of...

At present more and more attention is paid to the development of intangible resources. In the literature there is a lot of evidence showing that these factors condition the development of contemporary economies and it is them that ensure competitiveness. But the key factor of the development is...

During all the economic problems unemployment is a major worldwide concern. Albania as it is often characterized as a country with an unstable economic situation, it is faced with serious issues as unemployment rate increase. Employment rate increase for a country is stated as the region’s...

Since the onset of the financial and economic crisis, the situation in the area of employment, in average, didn't improve within the whole EU. Between Member States and the positions of individual groups of the population, there are significant differences in the area of labour market....

Few countries have as serious an unemployment problem as South Africa. In the period 2000-2013 the narrow (and official) unemployment rate averaged 24.1%. The broad unemployment rate (which includes the discouraged unemployed) averaged 33.4%. At the same time the informal sector is very small...

This study investigates the job stability pattern in the United Arab Emirates and the effect of satisfaction on job stability for nationals and expatriates, in both the private and public sector, for male and female workers. It investigates the micro factors that affect the employee’s decision...

Several papers have looked into the effect of obesity on wage and employment, mainly using data for the US. However, none has looked into the effect of obesity on upward mobility and unemployment duration. Using biannual data from the German Socio-Economic Panel data (GSOEP), covering 2002-2012,...

In 2004 the European Union expanded to include ten new members, including all Visegrad countries. It can be concluded that growth potential of the Czech Republic, Hungary, Poland and Slovakia was obvious. However, the global economic crisis hit the labour markets of V4 countries significantly,...

Social networks are becoming more and more important in employment seeking process. The importance of social networks in this respect has been researched also in academic research worldwide and discussed on scientific conferences. The aim of the paper is to analyse the experience of the use of...

This paper empirically examines how imperfect information about wage offers and reservation wages among employees and employers respectively impacts on the wages of Canadian born and immigrant workers. We estimate these effects from 2006 census data using a two-tier stochastic wage frontier. Our...