Volume 2(3), 2014
POLICY RESPONSIVENESS IN POST-COMMUNIST DEMOCRACIES: A STUDY OF PROMISE-TO-POLICY CONGRUENCE
ABSTRACT. Are post-communist governments responsive to their citizens’ policy preferences? In other words, do elected officials keep their campaign promises once they enter the office? This paper examines the policy behavior of post-communist governments in Eastern Europe and the former USSR focusin..
WAGE DISPERSION AS KEY FACTOR FOR CHANGING PERSONAL INCOME DISTRIBUTION
ABSTRACT. Market-driven wage dispersion is a central feature of income inequality. While neoclassical authors have typically focused on technological changes and insufficient investment in education to explain increasing wage dispersion, Keynesians have focused on a number of other structural, socia..
THE INTERNATIONALIZATION OF THE RENMINBI AND THE RISE OF A MULTIPOLAR CURRENCY SYSTEM
ABSTRACT. The dollar’s steady depreciation has had little impact on the official reserves of central banks. As scholars of the international monetary system debate whether the dollar can continue to play the dominant role in the international monetary system, actual developments in exchange relation..
THE ECONOMICS OF STRUCTURED LEASING
ABSTRACT. This paper provides details on the characteristics of structured leasing transactions and surveys the existing theoretical and empirical research. A structured leasing is a new and highly flexible transaction that develops synergies between funding policy, risk management of the underlying..
THE IMPACTS OF MINIMUM WAGES ON THE LABOR MARKET
ABSTRACT. Over the past decade, there has been increasing evidence describing the labor market impacts of minimum wages, the results of minimum wage rises, the consequence of the minimum wage on concerned employees, and employment effects of minimum wages. The mainstay of the paper is formed by an a..
EMOTIONAL BEHAVIOR IN ORGANIZATIONS
ABSTRACT. In this paper I am particularly interested in exploring the function of affect and emotions in organizational activity, affective characteristics that can impact work behavior, the effect of emotion on group outcomes, and the interplay of emotions and cognitions. The purpose of this articl..