Unemployment is and will be for the foreseeable future one of the major issues of economies in transition. Not only is unemployment in Post-communist economies a socially explosive problem, what happens on the unemployment front allows us to also make inferences about the state of the transition...

Efficiency wage theories have been put forward as attractive ways of explaining different aspects of the labour market. To find direct evidence of efficiency wage payments has proven to be quite difficult. We model various vertical spillovers from wage determination in an upstream labour market...

Following the unification of the two Germanies in October 1990, the former German Democratic Republic was subject to a series of economic shocks, resulting in large declines in output and employment. This paper investigates the behaviour of the East German labour market during the initial stages...

A scientific methodology in general should provide two things: first, a means of explanation and, second, a mechanism for improving that explanation. Agent-based modelling ( ABM) is a method that facilitates exploring the collective effects of individual action selection. The explanatory force...