The diversity of the labour market in the Visegrad Group countries is presented in the article from an institutional perspective. Institutions such as different tax and transfer policies, employment protection legislation, or active and passive labour market policies can affect not only the...

Dem Beitritt zur Europäischen Union (EU), den zahlreiche Länder anstreben, wird mit einiger Verzögerung die Einführung des Euro folgen. Schon jetzt stellen sich daher zwei grundsätzliche Fragen: Erstens, ist die Europäische Zentralbank (EZB) auch dann mit den derzeit gegebenen...

Low participation and spatial polarisation are two interrelated features of the Hungarian labour market. The paper investigates these features taking stock of stylised facts and results of the relevant empirical literature. The first part gives a brief overview of the Impact of transition an the...

In this paper I use county to county migration data to estimate the effect of labour market conditions on these flows. A gravity model is estimated on Hungarian NUTS 2 regions for the period between 1994 and 2002. Such results are not available for Hungary so far. Estimated parameters show...

This paper considers the education of the labour force based on an analysis of trends in and the relationships between job polarization and skills mismatch. Both job polarization and skills mismatch have become topics of increasing interest, but relationships between the two have been relatively...

Hungary is generally considered one of the best performing transition countries, having been successful in achieving macroeconomic stabilisation and in creating a market-driven economic system (see, for instance, Fischer and Sahay, 2000; and Weder, 2001). In terms of financial sector reforms, the...