Category: Working Papers

050 Inflation and Endogenous Growth in Underground Economies

2004 06 wiiw bo wp 050 Max Gillman and Dario Cziráky Inflation and Endogenous Growth in Underground Economies (PDF) Abstract The paper examines the effect of inflation on the growth rate in economies with underground, or ”non-market”, sectors. The model incorporates a non-market good into an endogenous growth cash-inadvance economy with human capital. Taxes on […]

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082 Guest-worker Programs and the Propensity to Emigrate: Evidence from the Work-and-travel USA program in Romania

2009 08 wiiw bo wp 082 Daniel Pop Guest-worker Programs and the Propensity to Emigrate: Evidence from the Work-and-travel USA program in Romania (PDF) Abstract Targeted seasonal guest‐worker program replace wider scope immigration policy and are expected to formalize irregular migration flows, to recruit sufficient numbers of seasonal migrants, and to provide critical revenues of […]

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067 The Determinants of Foreign Banking Activity in South East Europe: Do FDI, Bilateral Trade and EU Policies Matter?

2006 07 wiiw bo wp 067 Liviu Voinea and Flaviu Mihaescu The Determinants of Foreign Banking Activity in South East Europe: Do FDI, Bilateral Trade and EU Policies Matter? (PDF) Abstract This research paper attempts to find explanatory variables for foreign banks activity in SEE and CEE, mainly among three categories of factors: FDI, bilateral […]

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