Former Communist Countries and their transition to Capitalism

This paper uses the technology adoption general equilibrium model developed by Moscoso Boedo (2006) to analyze the transition for the countries of the former USSR and Eastern Europe. There the real output displayed a U-shapped pattern together with increases in inequality, which are features matched by the model

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Year of publication:	2006-05
Authors:	Boedo, Hernan J. Moscoso
Institutions:	University of Virginia, Department of Economics
Subject:	Transition economies \| skill biased technological change \| skill premium \| endogenous technology \| inequality

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Extent:	application/pdf
Series:	Virginia Economics Online Papers.
Type of publication:	Book / Working Paper
Language:	English
Notes:	21 pages
Classification:	E25 - Aggregate Factor Income Distribution ; J24 - Human Capital; Skills; Occupational Choice; Labor Productivity ; O33 - Technological Change: Choices and Consequences; Diffusion Processes ; O43 - Institutions and Growth ; O57 - Comparative Studies of Countries ; P2 - Socialist Systems and Transitional Economies
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005802023