The decisions of firms on investment and hiring play a crucial role in business cycle fluctuations. This paper explores … investment costs. It is significant and negatively signed, implying complementarity between investment and hiring. There is a … the investment part of the model is poor if hiring is left out completely or is introduced without the interaction between …

In this paper, we present a simple model in which a unionized and non-unionized firm optimally make investment …

study, I examine how introducing a time delay into the execution of an investment plan influences individuals' risk … outset, in the Decision Stage (Stage 1), each subject was asked to make an investment plan by splitting a monetary investment … amount between a risky asset and a safe asset. Subjects were informed that the investment plans they made in the Decision …

turbulence; a large economy with rigid labor markets, Poland, and a small open economy with increased flexibility, Estonia. We … unemployment compared to Estonia during the period of EU enlargement. Traditional labor market institutions (wage rigidity and …

demonstrate that the two largest ethnolinguistic groups in Estonia tend to behave as 'parallel populations' and that residential … integration in Estonia is therefore slow …

Estonia ranks consistently on top of the list of countries with the largest gender pay gap. However, irrespective of …

Russia, Romania, and Estonia to measure nonstandard, boundary forms and alternative definitions of labor force status. Our … much lower in Romania and slightly lower in Estonia, and alternative unemployment rates that are sharply higher in Romania … and moderately higher in Estonia and Russia …

use individual level Estonia Census data in order to investigate the ethnic dimensions of suburbanisation. The results …