The paper examines the inflation targeting regime in the context of transition economies. Recent years have witnessed an increasing number of central banks in these countries moving towards the implementation of inflation targeting regimes. However, the success of such a regime depends largely...

This paper analyses the determinants of happiness in seven Eastern European transition countries during the early phase of economic transition. The analysis of representative survey data in an ordered logit model shows that those core socio-demographic and economic variables known to be relevant...

This paper aims at explaining the role and importance of the evolution of institutions for sustainable agri-environments during the transition process by referring to examples of agri-environmental problems faced in Central and Eastern European countries. It is often stated that the replacement...

In this paper, the author discusses two different beliefs of how institutional change towards sustainability in agriculture and environment works: the institutional view and the evolutionary view. Both perspectives are studied in the context of restructuring the agricultural sectors and rural...

Die Möglichkeit zur multilokalen Lebensführung (ML) hängt von der Erreichbarkeit der Wohnstandorte relativ zueinander ab. Diese wiederum ergibt sich aus der zu überwindenden Distanz und den Verkehrsangeboten (Infrastrukturen und Services). Die spezifischen Ansprüche multilokal lebender...

This paper analyzes the process of power utility re-regulation in Eastern Europe and the CIS during the decade of systemic transformation (1990-1999); in particular, it explores reasons why early attempts to introduce competition-oriented reform models have not succeeded. We discuss advantages...

This paper analyses subjective economic well-being in several Eastern European countries from 1991 to 1995. Economic well-being explains a significant part of the variation in overall life satisfaction of Eastern Europeans. In an ordered logit model, the determinants of subjective economic...