In this paper, we provide an overview of the development of Czech trade and its structure and investigate the nature of Czech intra-industry trade (IIT) and its labor market determinants. We evaluate the evolution of the Czech trade in the context of other transition economies--the Central...

Credit contracting between a lender with a market power and a small start-up entrepreneur may lead to a rejection of projects whose expected benefits are higher than their total costs when an adverse selection is present. This inefficiency may be eliminated by a government support in the form of...