Unlike usual estimation techniques, we follow Clark (1989) to estimate the correlation between the transitory components of unemployment and output as part of a system of correlations between the permanent and transitory components of both series. This model provides better estimate of the...

How do Growth affects labor market’s work? This question is important, because, labor market plays a key role in determining the success of poverty reduction policies. Using the times series data, we have been able to confirm the prediction of theory which present a positive effect of growth...

In recent decades many countries have experienced banking crisis, for example Mexico (1994-1995), East Asian countries (after 1997) and transition economies (in 1990´s). The Czech Republic can not be omitted. The aim of this article is to characterise the role of early warning signals in...

The article estimates the likely credit losses in the EU10 countries' banking sector, supposing that economic conditions were to deteriorate further, and that local currencies were depreciated. Factors that may affect the cumulative level of credit losses are discussed. The article concludes...

This paper is concerned with the causes, timing and effects of banking sector restructuring and financial crisis in Turkey. The main focus of the study, however, is on labour market implications of the banking crisis and banking reform in recent years. The paper is organised as follows. Section...

Uneven economic growth during the recent years raise the question whether any factor of economic growth aside economic cycle fluctuations exists in Latvia. The objective of the Doctoral Thesis is, to assess the factors of economic growth in Latvia using econometric modelling techniques, and to...

The aim of the promotion paper is to study the impact of investments on the economic growth of Latvia, the main factors impacting the investment processes, and, subsequently, to elaborate proposals for improving the investment structural policy in Latvia. The first chapter of the promotion paper...