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Fighting “Low Equilibria” by Doubling the Minimum Wage ? Hungary’s Experiment
Kertei, Gábor; János Köll? - William Davidson Institute, University of Michigan - 2004
In January 2001 the Hungarian government increased the minimum wage from Ft 25,500 to Ft 40,000. One year later the wage floor rose further to Ft 50,000. The paper looks at the short-run impact of the first hike on small-firm employment and flows between employment and unemployment. It finds...
Persistent link: https://www.econbiz.de/10005677582
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WHILE LABOUR HOARDING MAY BE OVER, INSIDERS’ CONTROL IS NOT. DETERMINANTS OF EMPLOYMENT GROWTH IN POLISH LARGE FIRMS, 1996-2001.
Bishop, Kate; Mickiewicz, Tomasz - William Davidson Institute, University of Michigan - 2003
This paper examines the determinants of employment changes using a panel of Polish large firms during the period 1996-2001. We investigate the impact of wages, output growth, investment, firm size and sectors upon employment, focusing on the asymmetry hypothesis. We find that investment plays an...
Persistent link: https://www.econbiz.de/10005489887
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Ownership and Employment in Russian Industry: 1992-1995
Linz, Susan - William Davidson Institute, University of Michigan - 1998
Using data collected from a panel of 6,205 civilian manufacturing firms located in the Central, Volga, North Caucasus, Northern and Western Siberian regions of Russia, this paper examines the hypotheses that in the first stage of the transition process (1) Russian industry exhibited a low labor...
Persistent link: https://www.econbiz.de/10005652629
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Labour Demand During Transition in Hungary
Korosi, Gabor - William Davidson Institute, University of Michigan - 1998
Transition from socialist to market economy brought drastic changes on the Hungarian labour market. Employment fell by 1.6m, i.e., by more than 25% during the past decade, while unemployment jumped from practically nil to over 14% within four years. This paper describes the changes in corporate...
Persistent link: https://www.econbiz.de/10005677527
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Do Multinational Enterprises Substitute Parent Jobs for Foreign Ones? Evidence from Firm Level Panel Data
Konings, Jozef; Murphey, Alan - William Davidson Institute, University of Michigan - 2001
This paper analyzes the demand for labor by home multinational enterprises (MNEs) in Europe. To this end we use a … located in either the European Union, Central and Eastern Europe or both. We investigate whether employment in the MNEs … the EU, rather than affiliates located in Central and Eastern Europe. (iii) We also report results for the non …
Persistent link: https://www.econbiz.de/10005677467
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Determinants of Interregional Mobility in Russia: Evidence from Panel Data
Andrienko, Yuri; Guriev, Sergei - William Davidson Institute, University of Michigan - 2003
The paper studies determinants of internal migration in Russia. Using panel data on gross region-to-region migration flows in 1992-99, we estimate the effect of economic, political and social factors. Although overall migration is rather low, it turns out that its intensity does depend on...
Persistent link: https://www.econbiz.de/10005207908
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Russian Cities in Transition: The Impact of Market Forces in the 1990s
Gang, Ira N.; Stuart, Robert C. - William Davidson Institute, University of Michigan - 2004
This paper analyses Russian city growth during the command and transition eras. Our main focus is on understanding the extent to which market forces are replacing command forces, and the resulting changes in Russian city growth patterns. We examine net migration rates for a sample of 171 medium...
Persistent link: https://www.econbiz.de/10005652625
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The Economic Determinants of the Internal Migration Flows in Russia During Transition
Brown, Annette N. - William Davidson Institute, University of Michigan - 1997
I analyze the patterns of migration by testing the influence of traditional economic and amenity factors and of housing market reform on the direction of migration flows. I improve on the few previous studies of Russian migration during transition by analyzing gross flows rather than net flows...
Persistent link: https://www.econbiz.de/10005677693
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A Multi-Task Theory of the State Enterprise Reform
Bai, Chong-En; Li, David D.; Tao, Zhigang; Wang, Yijiang - William Davidson Institute, University of Michigan - 2001
stability, which in turn is crucial for the productivity of the whole economy. Because independent institutions for social …
Persistent link: https://www.econbiz.de/10005784743
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Unemployment and finance: how do financial and labour market factors interact?
Gatti, Donatella; Rault, Christophe; Vaubourg, Anne-Gael - William Davidson Institute, University of Michigan - 2010
sing annual data for 18 OECD countries over the period 1980-2004, we investigate how labour and financial factors interact to determine unemployment by estimating a dynamic panel model using the system generalized method of moments (GMM). We show that the impact of financial variables depends...
Persistent link: https://www.econbiz.de/10008528989