Having smoothly acceded to the European Union (EU) in May 2004, the overarching
objective for the EU's new member states is to continue raising living standards to Western …

While most empirical studies in economic geography document a steady and positive
correlation between regional density and firm productivity, the impact is not homogeneous …

The paper investigates the impact of foreign currency lending on investment. Using
Hungarian firm level data, we test whether foreign currency lending contributed to larger …

This note reports an innovative state-of-the-art empirical analysis of Job Creation in the
European Union in the same vein as the classical studies in the United States. It is based on …

This paper shows that the impact of country interest rate shocks on emerging markets'
economic activities can be associated with credit market imperfections affecting principally …

Implicit contract models imply that it is Pareto optimal for risk‐neutral firms to provide
insurance to risk‐averse workers against shocks. Using a matched employer–employee …

Глубокий ретроспективный анализ притока прямых иностранных инвестиций в
экономику Венгрии позволил показать структурные изменения накопленных капиталов …

The evolution of total factor productivity (TFP) is a key determinant of long-run economic
growth of a country. In this paper we analyse the contributions from technological change at …

Based on a large panel of Czech manufacturing firms, we estimate firm-level production
functions in 2003–2007 using the Levinsohn and Petrin (2003) and Wooldridge (2009) …

In this paper I address the question to what extent wages are affected by product market
uncertainty. Implicit contract models imply that it is Pareto optimal for risk neutral firms to …