In our paper entitled Tendencies of the Trade Concentration” published in 2005 we analysed the global tendencies of the concentration as well as the trade of the European Union and the United States. In our present paper we analyse the concentration of the Hungarian trade, its fields of action...

Using firm-level and individual panel data from 2008-2009, the paper looks at how Hungarian firms combined employment reduction with "softer" measures like short-work and wage cuts, in response to the crisis. The data suggest that the wage distribution remained practically unchanged while hours...

I identify wage spillovers from the public to the corporate sector with the help of a large public sector wage increase, which raised public sector wages by 40 percent in two years time, changing the average public relative wage from a fallback of 10.5 percent to a 12.5 percent premium. The...