In this paper, we perform an extensive Monte Carlo study of the finite sample properties of different estimators for panel data sample selection models. The estimators investigated are various two-step estimators and maximum likelihood estimators with simultaneous equations for the samle...

This paper investigates the influence of institutional quality on crypto adoption in the country with regard to the level of financial literacy of country's population. The results show that in countries with lower financial literacy, institutions have a greater influence on cryptocurrency...

Structural funds are the most intensively used policy instrument by the European Union to promote economic growth in its member states and to speed up the process of convergence. This paper empirically explores the effectiveness of European Structural Funds by means of a panel data analysis for...

Hungarian Abstract: A 2008-as évhez kötődő pénzügyi és gazdasági válság számos szabályozási kérdést vetett fel világszerte. Természetes reakcióként a jogalkotók a pénzügyi piacok egyes intézményeire, illetve azok egyes szereplőire vonatkozó szabályok gyors...

Focusing more on the evolution of the Romanian external trade and FDI inflows after 2007 - the year of Romania's EU integration - the paper provides insights in the trade and FDI inflows determinants in the context of the convergence process and also in relation to the financial global crisis....

This paper examines the major economic and institutional factors underlying the surge in foreign direct investment (FDI) flows to Mexico during the 1990s. It presents evidence that indicates that market-friendly economic reforms and major changes in the institutional-legal status of foreign...

In this paper we use the Hungarian Central Statistical Office's Labour Force Survey to examine the rate of Hungarian inhabitants working abroad between 1999 and 2011. We also examine the characteristics of this group. A break in trend can be observed in the fourth quarter of 2009 in the rate of...

In this paper we use the Hungarian Central Statistical Office's Labour Force Survey to examine the rate of Hungarian inhabitants working abroad between 1999 and 2011. We also examine the characteristics of this group. A break in trend can be observed in the fourth quarter of 2009 in the rate of...