Rapidly overflow crisis in Europe has in the short term to dramatically decrease the projection of economic growth; despite a significantly reduced liquidity is present and growing danger of inflation. Access to new sources of funds is almost out, which left negative consequences on the...

With its economy disrupted by the global economic crisis, the Serbian government faces tight budget constraints for several years to come. The Government has already responded by freezing wages and pension benefits and making cuts in capital works and other discretionary spending. These...

While results are starting to emerge, not much is known yet about the dynamics of the labor markets of the former Eastern economies, especially in the context of the current Financial Crisis. Arguably, this is mainly due to paucity of (panel) data. By examining labor market transitions, earnings...