A new strand of literature has recently sought to investigate possible links between technological changes, observed modifications to firms' organizational structure and the evolution of the wage gap between skilled and unskilled workers. After a brief overview of such approaches, this essay...

This study compares the effects of economic internationalisation on the functional distribution of labour income in the U.S.and Germany. The benchmark for assessing the empirical analyses theoretically is the general equilibrium framework ofinternational trade theory. Focusing on general...

Dramatic changes in the relative prices of goods in international trade have accompanied, and indeed preceded, the global crisis. These changes are reflected in the terms of trade ofindividual countries and in the relative prices of goods within those countries. Asia-Pacific countries are...

Dramatic changes in the relative prices of goods in international trade have accompanied, and indeed preceded, the global crisis. These changes are reflected in the terms of trade of individual countries and in the relative prices of goods within those countries. Asia-Pacific countries are...

Napjainkban a világgazdaság egyik legfontosabb megoldásra váró problémája, hogy hogyan előzhető meg újabb globális pénzügyi és gazdasági válságok kialakulása, illetve léteznek-e olyan módszerek, eszközök, amelyek segítségével a már kialakult válságok hatásai,...

In 2007 an international financial crisis developed and specialised financial products known as credit derivatives appear to have been at the forefront of this crisis. The purpose of this paper was to determine what solutions financial experts have suggested in controlling the perceived...

Organizations are complex adaptive systems in symbiosis with increasingly challenging, competitive and demanding environments. As a result, they face developments and demands based on increasingly information-based, knowledge-driven and service intensive economies. This requires speed,...

Measuring financial stress is a key research issue that has gained a lot of interest in the years following the extreme events from 2007. Although a lot of models were used for assessing and measuring financial stress, none of the managed to forecast the global crisis from 2007. We can identify...