We analyze business cycle movements and synchronization in the European Union (EU) for all members. We show that both the estimated output gaps and the level of synchronization depend on the statistical measures used by the researcher. To account for this, we employ a large set of output gaps,...

This paper deals with real effects of bank-intermediated international capital flows to 11 CESEE coun-tries 1997-2012. The purpose is to check for structural breaks in the short-run relationship between bank-intermediated capital flows and output growth since 2008. The relationship is...

Značajno opadanje utjecaja sindikata u suvremenome društvu rasprostranjena je pojava u cijelome svijetu. Kao jedna od strategija oživljavanja sindikata navodi se razvoj sindikalnih čelnika odnosno kvalitetni sindikalni vođe. Naime, smatra se da u današnje turbulentno doba za sindikate,...

Work design and implementation of various work design practices can be constrained or fostered by various factors, among which trade unions should be considered as an important one. Research conducted among large-sized Croatian companies shows that it is possible to recognize significant...

This paper analyses the determinants of the changes in non-performing loans (NPL) ratio in selected European emerging markets. The model was estimated on a panel dataset using fixed effects estimator for seven Central and Eastern European (CEE) countries between Q3:2007 and Q3:2012. The analyzed...

U radu se analiziraju mogućnosti i ograničenja fiskalne politike u Hrvatskoj. Prvo se analiziraju brojna ograničenja fiskalne politike u Hrvatskoj od (ne)koordinacije fiskalne s monetarnom politikom, lošeg proračunskog planiranja, trendova u kretanju javnih prihoda, problem postojeće...

The aim of the paper was to investigate the interplay among a wide range of work characteristics and knowledge workers’ performance outcomes. Specifically, we examined the nature of relationships between various task-, knowledge- and social characteristics of work design and both task and...

The aim of this paper is to assess the stabilization effects of fiscal policy in Croatia in a structural vector autoregression framework as proposed by Blanchard and Perotti (2002). Empirical studies of fiscal policy effects show that results are contradictory and do not unanimously agree,...