Wage disparity that exists between genders, sectors, and geographical regions, can influence household portfolio management. This study examines the impact of wage disparity and inter-occupation differences on Czech household portfolios. The model of portfolio choice was estimated using the...

The development of Czech agricultural labour market has been continuously predominantly negative since 1989 and recently, the problem of youth unemployment is acute in many countries, not only in the Czech Republic, but also in the Russian Federation, where most of graduates of agricultural...

The objective of the paper is to classify the labour markets of the EU member states on the basis of selected employment and unemployment indicators. In order to achieve the study target, the adequate multivariate exploration procedures have been chosen. In the first part of processing original...

In the context of improvement of economic life, normative economics has to cope, if it is not only a theoretical construct, with various facts which are brought by the economic reality. Becoming aware of the mutual causality of economic phenomena and processes, the consideration of these facts...

The development of a market in groundwater usage rights can be inhibited by constraints arising from the institutional context. Such impediments may reduce the potential gains from trade and may generate high transaction costs for prospective traders. We analyse the regulations and policies...

The success of any groundwater management plan depends on user compliance. There is an intimate relationship between regulatory regimes and pumper perceptions. As well as its enforcement powers, an agency's behavior sends information to users. While enforcement power need not always be used to...

Previously titled: The scope for institutional autonomy in a large groundwater basin: the potential for collective action in Western Australia

Groundwater extraction can have varied and diffuse effects. Negative external effects may include costs imposed on other groundwater users and on surrounding ecosystems. Environmental damages are commonly not reflected in market transactions. Groundwater transfers have the potential to cause...

Perth, Western Australia (pop. 1.6m) derives 60% of its public water supply from the Gnangara groundwater system (GGS). Horticulture, domestic self-supply, and municipal parks are other major consumers of GGS groundwater. The system supports important wetlands and groundwater-dependent...