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Persistent link: https://www.econbiz.de/10003806964
We extend the benchmark model of Aghion and Blanchard (1994) assuming two segments of the emerging private sector that differ in workers’ productivity. We look at the paths of employment, wages, taxes, labor costs and profits during and after the transition, up until the shock is fully...
Persistent link: https://www.econbiz.de/10003435315
Mounting evidence suggests that excessive job protection reduces employment and labor market flows, hinders technological innovations, pushes workers into the informal sector, and hurts vulnerable groups by depriving them of job opportunities. Flexible labor markets stimulate job creation,...
Persistent link: https://www.econbiz.de/10012564145
We examine the evolution of industrial output in Bulgaria, Hungary, Poland and Romania over the period 1989-1995 in …
Persistent link: https://www.econbiz.de/10009754311
Persistent link: https://www.econbiz.de/10011524283
des Kapitals zu erzielen. Ferner beschränken die Lasten der Vergangenheit, die insbesondere in Bulgarien, Polen und Ungarn …
Persistent link: https://www.econbiz.de/10010498989
We examine the effect of joining the European Union on individual life satisfaction in Bulgaria and Romania in the … context of the 2007 EU enlargement. Although EU membership is among the most important events in Bulgaria and Romania's modern … life satisfaction in Bulgaria and had a positive but statistically insignificant effect in Romania. One explanation is that …
Persistent link: https://www.econbiz.de/10011449769
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Team layouts” for market characteristics and technologies for three Eastern European countries, namely, Slovakia, Bulgaria …
Persistent link: https://www.econbiz.de/10011875044
average) to 35?38 (above OECD average) in less than 10 years. In some countries, such as Bulgaria, Russia, and Ukraine, the …; another remains jobless. The model is contrasted with the actual developments in six transition economies: Bulgaria (over 1989 …
Persistent link: https://www.econbiz.de/10014197472