We use panel data from the US Health and Retirement Study 1992-2002 to estimate theeffect of self-assessed health limitations on active labor market participation of men aroundretirement age. Self-assessments of health and functioning typically introduce anendogeneity bias when studying the...

This paper considers the implications of the permanent/transitory decomposition of shocksfor identification of structural models in the general case where the model might contain morethan one permanent structural shock. It provides a simple and intuitive generalization of theinfluential work of...

We analyze a large stratified random sample of firms that provide us with measures ofperformance and each firm’s top manager’s perception of the severity of businessenvironment constraints faced by his/her firm. Unlike most existing studies that rely onexternal and aggregated proxy measures of...

Advanced market economies are characterized by a continuous process of creativedestruction. Market forces and technological developments play a major role in shaping thisprocess, but institutional and policy settings also influence firms´ decision to enter, to expandif successful and to exit if...

There is widespread belief that workers in temporary agency work (TAW) are subject topoorer working conditions, in particular pay, than comparable workers in the rest of theeconomy. The first aim of this analysis is to quantify the wage penalty, if any, for workers inTAW. Secondly, we analyze...

Studies of public-private and foreign-domestic wage differentials face difficultiesdistinguishing ownership effects from correlated characteristics of workers and firms. Thispaper estimates these ownership differentials using linked employer-employee data (LEED)from Hungary containing 1.35mln...

Using unique recently released nationally representative high-quality data at the plant level,this paper presents the first comprehensive evidence on the relationship between productivityand size of the export market for Germany, a leading actor on the world market formanufactured goods...<br<

This paper describes knowledge based entrepreneurship in the Czech Republicand Hungary, in particular the growth and development process of 4 firms are studied:Dekonta, an environmental services firm, Et netera, an IT services firm, bothoperating in Czech Republic, along with a data recovery...

This paper explores growth and competitive advantage in CEE software firms; it looks at therole of strategic partnerships and industry (spillover) effects. The empirical analysis is basedon survey data from 224 software firms from six CEE countries (Bulgaria, Czech R, Estonia,Serbia, Slovenia,...