This paper first tests the efficiency of management turnover as a corporate governance mechanism in Slovenia, a successful transition country. Second, it examines the relation between management turnover and owner identity and indirectly questions the sustainability of the current corporate...

This paper proposes Heckman probit (Heckprobit) estimates of the determinants of success in finding a job in a sample of young (age 15-30) Poles, controlling for the possible selection bias caused by excluding those in school. There is evidence of sample selection bias in the case of young men,...

This paper aims to test several hypotheses on determinants of the quality of trade in cross-country regressions, taking a sample of trade competitors in EU markets. The hypotheses are those underlying two models of vertical intra-industry trade: the so-called neo-Heckscher-Ohlin model, and an...

This paper studies regional unemployment inequality in Poland. We find that regions experiencing greater change in industrial structure have higher unemployment rates. We also find that high-unemployment regions have higher inflow rates to unemployment rather than longer spells of unemployment....