Paper outlines economic connections of labor market discrimination. It is intended on discrimination based upon gender, because this type of discrimination is on the point of our social background. In the introductory part are defined discrimination and delineated the various types of...

Paper inquires into historical development of key theoretical concepts related to purchasing power parity in 20th century. It presents theories which explain relation between price level, labor productivity and exchange rate. These theories explain the process of how the long-run equilibrium...