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313011575 Education, jobs, and equity in the middle East and North Africa.  
In this paper, I describe the employment problems of Middle Eastern youth in terms of a credentialist equilibrium, in which investments in education have mainly served to secure desired public...
313011574 The cost of rigidity: the case of the South African labor market.  
The South African Labor market has been characterized by high and persistent levels of unemployment, and a poor capacity to create jobs. This paper examines existing evidence on what rigidities...
313011573 The two German labour market miracles: blueprints for tackling the unemployment crisis?  
The article reviews the factors underlying Germany's exceptional labour market performance since 2005. It attributes labour market turnaround to powerful social reforms strengthening labour...
313011572 Employment: the fault line in India's emerging economy.  
Poor employment conditions constitute the major fault line of India's emerging economy. Rapid economic growth over the three decades since early 1980s has not brought about any...
313011571 Addressing the problem of stagnant wages.  
From the mid-1940s through the 1970s, median wages and productivity growth rose in tandem. Since the 1980s productivity continued to grow steadily while wages stagnated. In this paper we document...
313011570 The evolving structure of the American economy and the employment challenge.  
This paper examines the evolving structure of the American economy, specifically the trends in employment, value added, and value added per employee from 1990 to 2008. Employing historical time...
313011569 Employment: global and country perspectives.  
303072054 Cities in transition.  
This paper looks at the urban development of transition countries in 1991-2010, primarily focusing on the last decade. Cities in transition face a unique set of challenges that came forth due...
303072053 Inter-regional insurance and redistribution--a non-parametric application to Russia.  
The paper examines inter-regional insurance and redistribution of Russia's fiscal system from 1995 to 2007. We use non-parametric methods for robustness and to tackle econometric problems of...
303072052 FDI flows to Sub-Saharan Africa: the impact of finance, institutions, and natural resource endowment.  
Using a panel data from 38 Sub-Sahara African (SSA) countries and a dynamic system GMM model, this study examines the individual and interactive impact of financial development, institutional...
303072051 The law of one price in six central and eastern European economies.  
This study examines the validity of the purchasing power parity (PPP) for six Central and East European countries (CEEC) during the 1991-2010 period. Because this rather short-time period is...
303072050 Disentangling the impact of wars and sanctions on international trade: evidence from former Yugoslavia.  
Wars and sanctions tend to reduce the trade of the countries involved. However, these events often occur concurrently, which complicates the assessment of their effects. This article studies...
303072049 Competition and inflation in Central, Eastern and Southeastern Europe: a sectoral analysis.  
Using the Amadeus firm-level database, this paper examines sector-specific competition in a number of Central Eastern and Southeastern European (CESEE) countries and its impact on...
303072048 Do foreign banks stabilize cross-border bank flows and domestic lending in emerging markets? Evidence from the global financial crisis.  
Foreign banks have increased their market share in many emerging markets since the mid-lgg0s. We analyse the stability implications of foreign banks for cross-border and domestic bank tending in...
303072047 Credit euroization in Eastern Europe: the 'foreign funds' channel at work.  
This paper aims to analyze the process of credit euroization in Emerging Europe and to investigate the motives of borrowers and Lenders to engage in foreign currency lending. We empirically test...
303072046 Monetary and financial policies for 'de-euroization'--a case study of recent Croatian experience.  
We analyze the impact of monetary and financial policies on the level of financial euroization in Croatia during 2002-2010. We find strong empirical evidence that these policies effectively helped...
303072045 17th Dubrovnik Economic Conference symposium.  
293811893 Demand and supply of skilled labour and overeducation in Europe: a country-level analysis.  
This paper analyses the incidence of overeducation of university graduates. To this end, we estimate a random effects model for a panel of European countries. Our results do not confirm that the...
293811892 This time it's different? Youth labour markets during 'The Great Recession'.  
This paper Looks at the effects of the 'Great Recession' on young people's Labour market experiences in the European Union. The paper documents some of the key characteristics of young people's...
293811891 Crises and joint employment-productivity dynamics: a comparative perspective for European countries.  
This paper investigates the short-term joint dynamics of productivity and employment during economic down cycles in EU economies over the past 20 years. We disentangle changes in output into...
293811890 Innovation and employment in economic cycles.  
This article explores the way economic cycles influence the relationship between innovation and employment in manufacturing industries. We investigate whether the ups and downs of cycles alter...
293811889 Unemployment insurance schemes, liquidity constraints and re-employment: a three country comparison.  
We examine how unemployment schemes and liquidity constraints affect reemployment probabilities trying to assess whether these schemes, through employment services and search requirements, can...
293811888 Short-time working arrangements in France during the crisis: an empirical analysis of firms and employees.  
Many countries used short-time working arrangements (STWAs) as a response to the Great Recession of 2008-2009. STWAs are designed to protect jobs during short-term downturns by adjusting the work...
293811887 Was short-time work a miracle cure during the Great Recession? The case of Germany and Italy.  
This paper considers the use of short-time work (STW) schemes as a device to mitigate the negative effects of the current global recession on employment levels. STW schemes have been regarded as a...
293811886 Labor market flexibility and unemployment: new empirical evidence of static and dynamic effects.  
The aim of this paper is to analyze the relationship between tabor market flexibility and unemployment outcomes. Using a panel of 97 countries from 1985 to 2008, the results of the paper suggest...
293811885 Comparing labor market performance: some stylized facts and key findings.  
Comparative evidence based on key tabor market performance indicators is discussed for the US, Japan and Europe in a long-run perspective and, especially, showing the impact of the financial...
297715316 Efficiency of trade credit finance in China.  
Using 1999-2006 firm-level microdata for rural firms in China, we investigate the efficiency of financial intermediation through trade credit. We find statistical evidence that financial...
297715315 Whither corporate Russia?  
Using firm-level information obtained from the Russian Trading System stock exchange from 1998 through 2006, we estimate growth performance of the Russian corporate sector. We find...
297715314 Social models in the enlarged European Union: policy dimensions and country classification.  
This paper aims to contribute to the literature on social models by exploring characteristics of social policies and their classification in the enlarged European Union. The analysis is based on a...
297715313 Diagnosing the 'Russian Disease': growth and structure of the Russian economy.  
The Russian economy is experiencing 'Russian Disease' (R-D) whose major symptom is a strong positive relationship between the real output growth and oil prices from 1995 through 2010. The...
297715312 Labour market reforms and outcomes in Estonia.  
The unemployment rate in Estonia rose sharply in 2010 to one of the highest levels in the EU, after the country entered a severe recession in 2008. While the rate declined relatively rapidly in...
297715311 Wage differentials during economic reform and crisis: evidence from Egypt and Jordan.  
This paper examines public-private, gender and education dynamics of wage inequality in Egypt and Jordan during a period of economic liberalisation and crises (1989-2009). The results point to two...
297715310 Labour market institutions and unemployment: does finance matter?  
We explore whether finance influences the impact of labour market institutions on unemployment. Using a data set of 18 OECD countries over 1980-2004, we estimate a pane[Vector AutoRegressive...
297715309 Policies to facilitate the return to work.  
This paper reviews labour market policy options to accelerate the return to work after the Great Recession. To do so, it first examines the change over time in the degree of vulnerability to...
297715308 Labour market institutions and policies in developed and emerging market countries.  
This symposium includes four papers dealing with labour market-related issues. The papers examine the impacts of the recent financial and economic crisis on labour market outcomes, changes in...
275851653 Urban public transport in post-communist transition: the case of Tashkent, Uzbekistan.  
The post-communist transition of urban public transport in Eastern Europe and Central Asia is examined in this paper through the unique case of transport development in Tashkent, Uzbekistan. The...
275851652 The gender wage gap during Serbia's transition.  
Using Labor Force Surveys for the period 2001-2005, we find that the mean gender wage gap is Low in Serbia and declined over this period. Decompositions show that the mean gap is not explained by...
275851651 Stock market reaction to debt financing arrangements in Russia.  
This paper investigates stock market reaction to debt arrangements in Russia. The analysis of the valuation of debt arrangements by stock markets provides information about the use of debt by...
275851650 Cuba: from state socialism to a new form of market socialism?  
Cuba's post-revolutionary economic history was penalized by the twin sets of distortions stemming from its former, artificial trade relations with the Soviet Union and from the very nature of the...
275851649 Evaluation of mass privatization in Bulgaria.  
The mass privatization (MP) program in Bulgaria was implemented in 1996-1997. Following programs in countries Like the Czech Republic, more sophisticated regulatory bodies were put into place to...
275851648 Rent-seeking, hierarchy and centralization: why the Soviet Union collapsed so fast and what it means for market economies.  
Opening of the archives confirmed that the Soviet Union was a hierarchical economy driven by planning, not a rent-seeking society. Rent-seeking could not govern the classical socialist society...
275851647 Relationship lending in emerging markets: evidence from the Czech Republic.  
This paper focuses on how firms obtain financing from domestic banks, using a unique Loan-level data set for the Czech Republic. The results show that the vast majority of firms use the services...
275851646 International banking and country risk calculus: the experience of Greek banks in Southeastern Europe.  
Between 1996 and 2003, emerging market economies experienced major financial crises with both high frequency and severity. Since then and until the recent bout of financial turbulence, the drop...
275851645 Real exchange rate volatility in the presence of financial fragility and Central Bank intervention in Turkey.  
The purpose of this paper is to investigate whether the balance sheet of the private sector has played a rote in the volatility of the real exchange rate in Turkey after the capital account...
275851644 Extreme risks in financial markets and monetary policies of the euro-candidates.  
This study investigates extreme tail risks in financial markets of the euro-candidate countries and their implications for monetary policies. Our empirical tests show the prevalence of extreme...
275851643 Introduction to the symposium on 'financial risks and economic stability in emerging market economies'.  
275851642 The Way We Were: reflections on the comparative history of comparative economics.  
This paper examines the characteristics of comparative economics during the period 1977-1992, using computational toots to collect data on the character of publications. These data depict the...
266629772 The evolution of the finance growth nexus.  
The role of the financial sector in economic growth received scant attention from economists until very recently. An explosion of research in the last 20 years has firmly entrenched the finance...
266629771 Japan's long-term economic challenges.  
The other papers in this symposium on Japan address a number of important challenges facing the Japanese economy, including deflation, the continuing rapid accumulation of government debt, and the...
266629770 Learning from developing country experience: growth and economic thought before and after the 2008-2009 crisis.  
The aim of this paper is twofold. First, we document the changing global Landscape before and after the crisis, emphasizing the shift toward multipolarity. In particular, we emphasize the ascent...