The paper raises the proposition that Central Europe?s integration into the international division of labour has added significantly to competitive pressure in the German automobile industry. Based on production and trade data, we trace two dimensions of competitive pressure: relocation of...

Seasonal migration is an ever more important phenomenon worldwide, but has received little attention in empirical research. This paper investigates the choice of seasonal versus longer-term migration on a household level. We use data from Moldova, a country that is witnessing a massive...

Risk evaluation is crucial for practitioners as it allows them to make better investment decisions. However, the recently witnessed financial turmoil has demonstrated the inadequacy of many models for preventive risk evaluation. In particular, it is now evident that new methods are needed to...

n.a.