This paper uses a classic, overlapping generation model to analyze the optimal transition of the Russian economy from a … PAYG pension system to a funded pension system. The transition is associated with the accumulation of social capital gained … simulation, the large-scale dynamic model of the Russian economy is used to compare the welfare efficiency of three transition …

features specific to Russian transition stipulate that poverty indicators (e.g., Foster-Greer-Thorbecke family) be calculated …

Ukrainian transition economy. Current study employs linear specifications relating profitability to variables that embody …

Import liberalization forms part and parcel of trade reforms in transition economies. There are, however, significant … tariff policy during the transition period? This empirical study shows that the most adequate explanation of the tariff …

The transition to market economic systems in the countries of Central and Eastern Europe and the former Soviet Union … Baumol-Fuchs model of the service sector expansion to estimate underdevelopment of services in Russia prior the transition …

-random distribution of unobservable skills across the population of a transition country. At the beginning of the transition, people who …. This results in the differences in unobservable abilities and earnings capacity of people. We argue that cohort, a pre-transition … occupation, an urban place of birth, and nationality might serve as proxies for unobservable skills in the transition. The cohort …

In a transition economy, many of employee/employer's contracts are informal, rather than formal. Even in cases when …