In a simple growth model we explore the current and future growth effects of the regional population structure. Regional GDP growth in 227 regions within six countries in central Europe is explored as how they depend on the young and old dependency ratio. The young dependency ratio (YDR) is...

We discuss how the welfare ranking of fixed and flexible exchange rate regimes in a New Open Economy Macroeconomics model depends on the interplay between the degree of exchange rate pass-through and the elasticity of substitution between home and foreign goods. We identify combinations of these...

The theory of human capital clearly states that the investments into the education bring many benefits and are worth the cost. The OECD Education at a Glance analysis provides support for both public and private investing in tertiary education as the net present value is positive for all...

Bei der vorliegenden Untersuchung hadelt es sich um eine zeitlich begrenzte Kurzrecherche, nicht um eine breit angelegte Studie. Zur Erforschung des aufgezeigten Gegenstandes wurden die Interviews in 12 Konzernen durchgeführt, die bereits in der Studie 'Lehrjahre des europäischen Betriebsrats'...

This paper studies effects of unemployment and labour market programmes on real wages in the Czech and Slovak Republics using district paneldata for the period 1992-1998. Clear evidence of a wage curve exists in both countries. The estimated unemployment elasticity of pay is, however, higher in...