Menschen mit geringem Einkommen und Arbeitsuchende sind politisch weniger interessiert und aktiv als Personen oberhalb der Armutsrisikoschwelle sowie Erwerbstätige. Die Ungleichheit in der politischen Beteiligung ist in Deutschland im Vergleich zu anderen europäischen Demokratien leicht...

Menschen mit geringem Einkommen und Arbeitsuchende sind politisch weniger interessiert und aktiv als Personen oberhalb der Armutsrisikoschwelle sowie Erwerbstätige. Die Ungleichheit in der politischen Beteiligung ist in Deutschland im Vergleich zu anderen europäischen Demokratien leicht...

The poor and the unemployed are politically less interested and active than persons above the poverty line and the working population. Compared to other European democracies, Germany shows above-average levels of inequality of political participation. Data from the German Socio-economic Panel...

This paper analyses the long-memory properties of both the conditional mean and variance of UK real GDP over the period 1851-2013 by estimating a multivariate ARFIMA-FIGARCH model (with the unemployment rate and inflation as explanatory variables). The results suggest that this series is...

Since the inception of transition Ukraine experienced an economic decline. Using indicators for the progress of economic reforms in transition countries, it becomes evident that Ukraine belongs to a very small group of eastern European transition countries that implemented very little economic...

According to the mainstream view, labour market institutions (LMI) are the key determinants of unemployment in the medium run. The actual empirical explanatory power of measures for labour market institutions, however, has been called into question recently (Baker et al 2005, Baccaro and Rei...

This paper investigates the determinants of liability maturity choice in transition markets. We formulate a model of firm value maximization that describes managers' choice of optimal debt structure. The theoretical predictions are tested using a unique panel of 4,300 Ukrainian firms during the...

The Orange Revolution unveiled significant political and economic tensions between ethnic Russians and Ukrainians in Ukraine. Whether this divide was caused by purely ethnic differences or by ethnically segregated reform preferences is unknown. Analysis using unique micro data collected prior to...

The paper studies the persistence of profit and its determinants in emerging markets. We apply Markov chain analysis, dynamic panel GMM estimation, and quantile regression techniques to a panel of approximately 3,000 Ukrainian companies. The empirical results show a moderate level of profit...

The recession the United States economy entered in December of 2007 is considered to be the most severe downturn the country has experienced since the Great Depression. The unemployment rate reached as high as 10.1 percent in October 2009 - the highest we have seen since the 1982 recession. In...