This paper empirically investigates the extent to which investments in human capital and information technology may have contributed to the growth dynamics of the European Union member states over the last decades. In order to measure the contribution of human capital and economic growth to...

General analyses of household income at expenditure side as well as comparison of wage differences and mean net equalized income are mostly based on nominal comparisons. Regional indexes at regional level are not available at most European countries, so there is problem to estimate real wages...

The methodology of the regional models from the first papers published in the 60-ties has significantly progressed from the basic macroeconomic models through the models of growth and production to the regional microanalysis and spatial econometrics. On the other hand, practical application...

Thee most discussed problem in most countries is influence of financial and debt crisis on economy. Moreover, in January 2009 led the unsuccessful negotiation about gas price between Russia and Ukraine to suspend gas supply from Russia to east and central European countries. This was the case...

Demographic trends and ageing are one of the main factors influencing future trends in the socio-economic development of all European countries included in significant changes in labour market structure. This paper analyse the influence of demographic changes on health care demand based on...

One of the advantages to analyze the economic links between two countries on the basis of stock market data, rather than aggregate economic data published by national statistical offices, is that stock market data are readily available, allowing analysis in almost real time. We consider a...

Modeling the evolution of formal institutions in relation to the evolution of economic and informal institutionaldevelopment. Discrete time optimization; simulation. The punctuations and the evolution formal institutional quality depends on the extent of economic heterogenety.

Modelin the local and central government behaviours to assess the welfare/efficiency/equity impacts of fiscal decentralization. Static optimization; simulation The relative welfare and efficiency effects of fiscal decision mechanisms (defined as social planners optimum choice of fiscal...