inefficient matching. Hypothesis 2 (H2) is that unemployment is caused by low demand. Hypothesis 3 (H3) is that restructuring is … returns to scale in matching and unemployment appears to be driven by restructuring and low demand. The East German case is …"The paper tests three hypotheses about the causes of unemployment in the Central-East European transition economies …

. At over 15 percent, the unemployment rate in the country is high by European standards. Georgia faces three main labor …

immediate term and a functioning secondary mortgage market in the long term. An active system of housing finance provides real …

The housing finance market in Mali remains small and under developed. Few banks currently offer a full mortgage product …

the size of the mortgage market, accessibility to housing loans, and the state's approach; and the construction industry …

developments and presents a menu of policy actions that should be considered by the mortgage regulators to address the current … challenges and to better prepare for next cyclical events. The scope of the paper is on the mortgage finance in ECA region. Some … real estate market evolutions are intricately linked with the cyclicality of the mortgage credit (and with the broad …

As the Mongolian mortgage market grows rapidly, and the Government of Mongolia (GoM) pursues an ambitious social … prudent mortgage lending standards and supervision, as well as on provision of housing infrastructure and zoned land. Second … focus on preventing mortgage market distortions in pricing, emphasizing robust planning and rigorous transparency and …

and analytical work done by the local staff of IFC Central Asia Primary Mortgage Market Development Project in identifying …