Our paper aims at testing the intertemporal substitution hypothesis (ISH) for small and medium enterprises (SMEs) in Bosnia and Herzegovina. The hypothesis predicts a positive relationship between the hours worked and the transitory changes in wages. We tested the hypothesis using the data on...

The main goal of our paper was to apply our research methodology on the specific case of the Ukrainian migration and remittances in the Czech Republic. In contrast to previous studies, we provide a more detailed insight into the specifications of remittance behaviour and test assumptions in the...

The book provides assessments and evaluations of emerging trends in the electricity markets, with a focus on high-renewables electricity systems. Specifically, various issues are examined, such as wind and solar energy, interconnection, smart meters, smart grids of the future (including their...

Our paper analyses Ukrainian migration and remittances in the Czech Republic using the data from a Ukrainian Migration Project (UMP) survey. Due to its advantageous geographical location in the heart of Europe, the Czech Republic attracts the considerable part of foreign labour among all Central...

This paper is dealing with the economic analysis of the consequences of three selected doomsday scenarios that were to take place on the 21st of December 2012. Although most of the devastating scenarios are not of any interest for the economists, since the complete extinction of human race would...

This paper provides essential background of European power sector and discusses the theoretical background for its integration. Our work employs real-life statistics on the state of integration in order to find out what future development might be in place for this key sector of European...

This paper reports the results of a marketing study aimed at discovering consumer preferences for the e-services in European cultural destinations. Our results are central to eliciting potential consumers’ preferences for tourism and cultural heritage-related e-services. The paper is based on...

This paper aims at finding out, whether the previous experience in Ukrainian construction sector increases the probability of doing the same job in the Czech construction sector. We assume that the integration of Czech and Ukrainian construction sectors led to the creation of structural channels...