The efficiency of the labour market critically depends on the design of its institutions with employment protection legislation (EPL) playing a special role here. However, since formal laws can be observed or ignored to varying degrees, the actual enforcement regime shapes incentives and...

In order to remain competitive, firms need to keep the quantity and composition of jobs close to the optimal for their given output. Since the beginning of the transition period, Russian industrial firms have been widely reporting that the quantity and composition of hired labor is far from...

In our research we relate demographic characteristics to risk attitudes that in turn are linked to the incidence of informal or formal employment. Using the 2007 wave of the Ukrainian longitudinal monitoring survey (ULMS) to study the Ukrainian labor market, we first show that the determination...