aggregate productivity growth during the socialist and reform periods in six transition economies. Modifying a standard … observed in market economies. Early in transition, faster reform is associated with larger contributions from reallocation, but …

We construct objective measures of privatization, internal and external liberalization reform efforts, across countries … studies and find that the macroeconomic effects of reform (when measured objectively) tend to be larger and more precisely …

a number of Central and Eastern European countries, Russia, and China. We use metadata from 33 studies of 10 transition …-time variation in rates of return as a function of the timing, speed, and volatility of reform processes as well as estimation … in returns to schooling during the early reform period reflects the ability of highly-educated individuals to respond to …