Poland's post-communist economic performance has been generally good. However, for many years its growth was jobless, it exhibited very high unemployment rates and concomitantly made little progress in approaching the targets set for EU Member States under the Lisbon Strategy. Unexpectedly, in...

Economic growth models under uncertainty and rational agents with CRRA utility have been shown to provide quite fragile explanations of consumers.choice as equlib- rium comsumption paths (expected utility) are drastically dependant on distributional assumptions. We show that assuming a SNP...

There is growing evidence that the nature of employment contracts, in particular the degree of employment protection, affects worker effort. Using personnel data drawn from a large public sector labour force, we investigate whether, and through which channels, temporary employment contracts...

This empirical paper investigates skill formation in the youth labour market. Using event-history data collected from the administrative records of Lancashire Careers Service, we model skill preferences formed at school by young people and skill destination, ie the occupation of the first...

This paper explores the relationship between factor endowments, technology, and the location of industrial production, using a panel dataset on Indian industries across states and over time. We find that factor endowments and technology play important roles in explaining the share of an...

This paper addresses the intergenerational transmission of education and investigates the extent to which early school leaving (at age 16) may be due to variations in parental background. An important contribution of the paper is to distinguish between the causal effects of parental income and...

This paper deals with the nonlinear modeling and forecasting of the dollar-sterling real exchange rate using a long span of data. Our contribution is threefold. First, we provide significant evidence of smooth transition dynamics in the series by employing a battery of recently developed...

In recent years, Poland witnessed a dramatic decline in its unemployment rate and, from having had one of the worst jobless records in the EU-27, the country now posts a figure below the Union average. However, this remarkable turnaround has apparently been driven by amendments to the country's...

We test the theoretical prediction that profit sharing reduces worker separations and by doing so increases the incidence of training. Using individual level UK data, we confirm that profit sharing is a robust determinant of lower separation rates and of greater training incidence. Critically,...