importance of foreign wages versus domestic productivity developments in an open environment. We find that trade is not an …, imports from the west generally benefit wages in central and eastern Europe, while imports from the east rather tend to harm …-based industries. Nevertheless, increased trade reinforces the productivity-wage link and weakens the co-movement of wages particularly …

the international transmission of productivity improvements generate the observed degree of risk-sharing: one associated …

firm entry and exit as well as survival analysis of new firms. Also, decompositions of productivity change into components … consisting of resource reallocation, firm entry and exit, and productivity growth within continuing firms are carried out. The … productivity compared to incumbent firms and changes in the sectoral structure of the economy. The decomposition of productivity …

Slovakia is engaged in an ambitious reform process which has the potential to quicken productivity growth, increase the …