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Segmented Life-cycle Labor Markets
Martins, Ana Paula - In: Journal of Economics and Econometrics 55 (2012) 1, pp. 39-74
The paper contrasts the pattern of returns to human capital in different economic sectors. As job mobility, especially across sectors, is limited, it is argued that coefficients of experience in earnings regressions may capture or be interpreted as the growth rate – net of depreciation – of...
Persistent link: https://www.econbiz.de/10011078561
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The Wage Effects of Schooling under Socialism and in Transition: Evidence from Romania, 1950-2000
Andren, Daniela; Earle, John S.; Sapatoru, Dana - W.E. Upjohn Institute for Employment Research - 2004
an increase in the West (labor supply movements, product demand shifts, technical change) or the transition …
Persistent link: https://www.econbiz.de/10005116762
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Returns to Human Capital Under the Communist Wage Grid and During the Transition to a Market Economy
Münich, Daniel; Svejnar, Jan; Terrell, Katherine - C.E.P.R. Discussion Papers - 1999
micro data on men to estimate returns to human capital under the communist wage grid and during the transition to a market … economy. We use data from the Czech Republic because it is a leading transition economy in which the communist grid remained … firms during the transition. Our estimates also indicate that men's wage-experience profile was concave in both regimes and …
Persistent link: https://www.econbiz.de/10005666520
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Do Markets Favour Women's Human Capital More Than Planners?
Münich, Daniel; Svejnar, Jan; Terrell, Katherine - C.E.P.R. Discussion Papers - 2004
communism (1989), in mid-transition (1996) and in late/post-transition (2002). We show: dramatic increases in returns to … returns to education obtained during communism vs. transition; no change in wage-experience profiles over time; and similar … the planners did; all the adjustment occurred in early transition and was driven by market forces rather than private …
Persistent link: https://www.econbiz.de/10005666862
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North Korea : the last transition economy?
Koen, Vincent; Beom, Jinwoan - 2020
The North Korean economy has been a statistical black hole for decades but is undergoing substantial transformations. Rapid post-war industrialisation was not sustained beyond the mid-1960s and South Korea’s economy far outpaced North Korea’s during the next three decades, during which trend...
Persistent link: https://www.econbiz.de/10012203362
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A Macro-Theoretic Model of the Chinese Economy
Dixon, Huw David - C.E.P.R. Discussion Papers - 1996
A stylized model of the Chinese economy is developed with three production sectors: agriculture, non-traded industrial goods, and industrial exports. The state purchases food from farmers by dual-track pricing; urban food sales are subsidized through ration coupons. Marginal prices clear markets...
Persistent link: https://www.econbiz.de/10005123495
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Wage and Investment Behaviour in Transition: Evidence from a Polish Panel Data Set
Grosfeld, Irena; Nivet, Jean-François - C.E.P.R. Discussion Papers - 1997
This paper looks at the behaviour of large industrial firms in Poland in 1988–94. Using a longitudinal enterprise-level data set, we are able to test systematically various hypotheses concerning firms’ reactions to the change in their environment. The results confirm a structural break after...
Persistent link: https://www.econbiz.de/10005124207
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Trust and Search in Vietnam's Emerging Private Sector
Haggard, Stephan; McMillan, John; Woodruff, Christopher - C.E.P.R. Discussion Papers - 1996
This paper investigates how start-up firms in Vietnam operate in the face of two significant market frictions: a poorly developed legal system and inadequate market information. We argue that these two market frictions actually offset each other. Poor market information and the consequent...
Persistent link: https://www.econbiz.de/10005124318
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Fifteen Years of Economic Reform in Russia: What has been Achieved? What Remains to be Done?
Ahrend, Rudiger; Tompson, William - Economics Department, Organisation de Coopération et … - 2005
The paper provides an overview of the course of economic reform and the performance of the Russian economy since the early 1990s and an analysis of the structural reform challenges ahead. It assesses the contribution of institutional and structural reforms to economic performance over the...
Persistent link: https://www.econbiz.de/10005045923
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Policy Interdependence during Economic Transition: The Case of Slovakia 1999-2000
Martins, Joaquim Oliveira; Price, Tristan - Economics Department, Organisation de Coopération et … - 2000
transition process. It identifies four broad policy blocks related to liberalisation, stabilisation, exit and entry. The … transition process in Slovakia is a case study of the striking interdependence between these different policies. Along these … processus de transition. Quatre grands blocs de politiques sont identifiés : libéralisation des prix, stabilisation de l …
Persistent link: https://www.econbiz.de/10005045994