In terms of output decline and increase in unemployment, the economic recession in Latvia that started during the 2008-09 financial crisis was one of the most severe in the world. Using both decomposition of the unemployment rate into structural and cyclical components and Mortensen and...

The global crisis hit hard in Iceland and Latvia. Economic development prior to the crisis, as well as response to the crisis, was different in these two countries, also yielding different results. Prior to the crisis both countries privatized their banking system. In Iceland the banks were sold...

This paper uses empirical evidence from several sources to shed light on patterns of mobility of Latvian labour force during the transition period as well as in the years to come. Updated inter-regional migration rates show that Latvian population is relatively mobile compared to some other...

This paper sets out to investigate entrepreneurs in Latvia, which is one of the most advanced transition countries, having joined the European Union in 2004. Empirically, the paper draws on results from a representative survey of the Latvian population, based on the method of the Global...