pAlthough foreign subsidiaries usually perform better than the average of the hosting economies, empirical literature has also established that the selection effect is statistically significant. In this paper we attempt to evaluate its economic relevance, using a unique data set of annual...

pThis paper examines the dynamics of regional unemployment rates in transition economies. We use policy-relevant NUTS 4 unemployment rates for transition economies characterized by both relatively intense (Poland, Slovakia) and relatively mild labor market hardships (the Czech Republic). We...