The paper investigates linkages between regional unemployment and regional wages in Hungary. The evolution of a 'wage curve' is followed from 1989 to 1995 using surveys of employees, employers and unemployed job seekers. Cross-section earnings functions are estimated to measure the impact of...

The informal economy has burgeoned in many transition economies but particularly in those of the Former Soviet Union. While this variation has commonly been related to the prevalent tax regimes and the degree of transparency in the legal and commercial system, the causality is far from obvious...