Visegrad Four Labour Markets and the Economic Crisis

Financial Markets during Economic Crisis

Contemporary financial depression of the financial markets proves high fluctuations of the prices of the stocks. These fluctuations have considerable impact on the values of the financial portfolios. Classical approaches to modeling of the behavior of the prices of the stocks may produce wrong predictions of their future values. That is the reason why we introduce in this paper the fractal mark...

International Labour Migration, Economic Growth and Labour Markets: the Current State of Affairs

The second half of the 20 century has seen major shifts in the nature and the extent of worldwide migration. While the classical immigration countries such as the United States have remained major receiving areas, their sources of immigration have changed substantially, away from the traditional European sources to Latin America and Asia. At the same time, many societies in Europe have been tra...

Labour Markets and Wages Policies during Economic Transition

The East Asian Economic Crisis and Labour Migration: A Set-Back for International Economic Integration?

The Asian economic crisis dramatically influenced the context in which a growing number of international migrants had begun to spread from poorer to more industrialised countries in East Asia, accompanying the export and FDI booms of the 1990s. Important uncertainties included the impact on clandestine migrant workers, replacement of migrants by local workers and countervailing pressures for in...

Globalisation and Labour Markets Research Paper 2007 / 15 Multinationals as Stabilizers ? : Economic Crisis and Plant Employment Growth

This paper examines the link between multinational enterprises and employment growth at the plantlevel. We investigate in detail the comparative response of multinationals and domestic firms to an economic crisis, using the empirical setting of a well defined case of economic slowdown in Chile as a natural experiment. In our empirical analysis we find that employment growth in manufacturing pla...