Purpose - This study examines how GDP growth, interest rates, and unemployment rates influence residential real estate prices in politically and economically stable Eastern European countries, aiming to identify key drivers of property value changes in the region. Research methodology - The...

This paper examines the drivers, and reestimates the size of shadow economies in Europe, with a focus on the emerging economies, and recommends policies to increase formality. The size of shadow economies declined across Europe in recent years but remains significant, especially in Eastern...

We provide evidence on the impact of globalization on labor market outcomes analyzing pay differences between foreign-acquired and domestically-owned firms. For this purpose, we use firm level data from 16 European countries over the time period 1999-2006. Applying propensity score matching...

There is a good deal of intra-industry trade between nations in Central and Eastern Europe and the European Union. Most of it is vertical (the exchange of similar goods of different quality). Eastern European nations and the European Union (EU) is among the highest of all the EU's bilateral...