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Alena Bičáková I am a Senior Researcher and a Deputy Director of Graduate Studies at the Economics Institute of the Czech Academy of Sciences at CERGE-EI in Prague. I joined CERGE-EI in October 2007. Before I was working as a Research Fellow at the Finance and Consumption Programme at the European University Institute (2005-2007). My Ph.D. thesis pursued at the Johns Hopkins University and defended in Fall 2005, focused “On the Distribution of Earnings and Labor Force Status: The Case of France, the UK and the US at the End of the 20th Century“. My previous work includes research on the effect of minimum wage on welfare recipiency, the effect of welfare benefits on family structure, the impact of wage flexibility on the distribution of non-employed between unemployment and inactivity and adverse selection and moral hazard in consumer credit market. My research listed at IDEAS / REPEC: