In this paper we study the contribution of inflows and outflows to the dynamics of unemployment in three European countries, the United Kingdom, France and Spain. We compare performance in these three countries making use of both administrative and labor force survey data. We find that the impact of the 1980s reforms in Britain is evident in the contributions of the inflow and outflow rates. The inflow rate became a bigger contributor after the mid 1980s, although its significance subsided again in the late 1990s and 2000s. In France the dynamics of unemployment are driven virtually entirely by the outflow rate, which is consistent with a regime with strict employment protection legislation. In Spain, however, both rates contribute significantly to the dynamics, very likely as a consequence of the prominence of fixed-term contracts since the late 1980s.
(Vol.1): The union makes us strong. Principles of trade unionism. A soundslide presentation. - 36 S. : 1 Beil.; (Vol. 2): What makes the union work? A soundslide presentation. - 40 S
The corporate finance literature traditionally abounds in both theoretical discussion and empirical research concerning financing and long-term investment decisions. Managing short-term resources appears to be a much less remarkable issue, despite this resource's significant share of a firm's balance sheet and the time and effort required to manage the current assets and liabilities. This article provides insights into the relative importance of the selected working capital determinants from the European Union perspective. The determinants considered in the study include both external and internal factors, specifically the country in which a company operates, its industrial classification and the firm size. Using more than 10,000 aggregated observations from a sample of firms from 13 industries, 9 countries and 3 group sizes, covering the period 2000 - 2009, the findings provide evidence that corporate working capital is most affected by country-specific factors, followed by industrial factors and firm size.
Since the fall of the Communist parties' regimes, the Central/South-East Europe countries have, inter alia, tried to reorganize their local government systems in the manner that would be closer to democratic principles or principles that were accepted in so called Western Europe. A comparative analysis of this article is focused on local government systems which have been introduced in the Czech Republic, FYR of Macedonia, Slovakia and Slovenia and, within this context, especially on positions of the political representatives, who are elected at the local levels in these countries. Due to similar socio-political and economic history of these countries in the 20th century as well as due to their efforts to become members of the European Union, it is possible to assume that they have introduced similar local government systems. However, as stressed in the article, similar ideas and comparable ways of their implementation may produce different outcomes in different environments. Thus, despite the fact that the processes, which should lead to their achievement, were often supported by various international organizations and despite a manifested desire of the selected countries to join the EU, they have introduced significantly different local government systems.