The migration literature shows that cross-border skill transfer is associated with a risk of increased job-education mismatch. This paper examines whether the problems of job-education mismatch often found among migrants also apply to cross-border commuters and compares cross-border commuters to...

I analyze the skill structure of commuters in 15 EU countries. Theory suggests that higher returns to education in receiving regions and shorter commuting distances favor positive selection of commuters. Empirically all types of commuters in most EU countries are more skilled than non-commuters....

This paper uses the multiple variance ratio test procedure developed by Chow and Denning (1993) to test for a random walk of stock returns on the Austrian Stock Exchange. I find that with daily data the test rejects the random walk hypothesis at all conventional significance levels for each and...