As an old Chinese proverb says, "visiting monks give better sermons." European soccer clubs also believe this, and have always been seeking for foreign players to boost competitiveness. However, due to the reason of protectionism, there were restrictions that each club was only allowed to field...

Transformation to post-industrial or knowledge-based economies causes changes in the structure of labour markets with growing demand on highly-qualified workforce. In XXI century human capital has become one of the most important production factors determining competitiveness and innovativeness...

In this paper we investigate the quantitative importance of search and matching fric- tions in Bulgarian labor markets. This is done by augmenting an otherwise standard real business cycle model a la Long and Plosser (1983) with both a two-sided costly search and fiscal policy. This introduces a...

This paper analyzes the development of the labor market in Azerbaijan from the early 1990s until the early 2010s. The analysis shows that the labor market has a range of positive characteristics such as high labor force participation and employment, low youth and female unemployment,...

A traditional way of looking at the importance of universities assumes that these are sources of many positive effects from the point of view of the inputs, i.e. from a demand side perspective. In accordance to this perspective, the importance of a university can be measured by its multiplier...

One of the key issues in economics is the explanation of unemployment and its variation across different economies. Doing so, modern mainstream macroeconomics refers to the effects of financial crises and to institutional structures and their variation across countries. However, unemployment...

As demographic shifts reshape OECD countries, this report delves into the complex interplay between population ageing, decline, and labour market dynamics. Authored by the OECD LEED Programme, it offers a comprehensive analysis supported by insights from international experts. Focused on local...

This paper looks at some practical and analytical challenges to the application of the traditional tools of competition enforcement analysis in these markets. It then discusses ways to overcome such challenges and proposed adjustments to these tools suggested in the recent literature, as well as...

Report on youth employment and apprenticeships prepared for the G20 Labour and Employment Ministerial Meeting, Melbourne, Australia, 10-11 September 2014. All G20 economies face considerable challenges in ensuring that young people are well integrated into the world of work. In some, the key...

Three ongoing mega-trends have the potential of significantly altering the nature of work in all G20 countries, albeit with different intensity: globalisation, technological progress and demographic change - as well as the changes in values and preferences that will go paired with them....