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We revisit Western Europe's record with labor-productivity convergence, and tentatively extrapolate its implications for the future path of Eastern Europe. The poorer Western European countries caught up with the richer ones through both higher rates of physical capital accumulation and greater...
Persistent link: https://www.econbiz.de/10013101075
We estimate the impact of COVID-19 on business failures for small and medium sized enterprises (SMEs) using firm-level data in seventeen countries. Absent government support, the failure rate of SMEs would have increased by 9.1 percentage points, representing 4.6 percent of private sector...
Persistent link: https://www.econbiz.de/10013244116
This study examines the impact of Poland's trade liberalization 1994-2001 on the industry wage structure. The … liberalization was undertaken in preparation for Poland's accession to the European Union and was more pronounced in industries with …
Persistent link: https://www.econbiz.de/10013105215
In the context of interwar Poland, we find that Jews tended to be more literate than non Jews, but show that this …, and people in cities were more educated than people in villages regardless of their religion. The case of interwar Poland …
Persistent link: https://www.econbiz.de/10012841412
We ask whether Poland is at risk of the boom-bust problem that has afflicted economies around the time of euro adoption …. Our answer, inevitably, is mixed. On the one hand the fact that Poland is an outlier, credit-growth wise, accentuates the … Poland. And it is certainly conceivable that the same policies and country characteristics (not always visible to the …
Persistent link: https://www.econbiz.de/10012769529
We document evidence consistent with retail day traders in the Forex market attributing random success to their own skill and, as a consequence, increasing risk taking. Although past performance does not predict future success for these traders, traders increase trade sizes, trade size...
Persistent link: https://www.econbiz.de/10012994895
pushing a subset of European countries into hyperinflation shortly after the end of the war. Germany, Austria, Poland, and …
Persistent link: https://www.econbiz.de/10012918627
the effectiveness of such policies using changes in value-added tax (VAT) and household survey data for Poland. We find …
Persistent link: https://www.econbiz.de/10012929012
Poland, Hungary. and Czechoslovakia and develop a model of changing support for reforms during the transition to a market … massive vacancies. The dispersion of wages increased substantially in Hungary and Poland though not in Czechoslovakia. My …
Persistent link: https://www.econbiz.de/10013220944
This paper examines the inflation targeting experience in three transition countries: the Czech Republic, Poland and …
Persistent link: https://www.econbiz.de/10013225557