The paper analyses changes in the demand for unskilled, young skilled, and older skilled workers during the post-communist transition in Hungary. Systems of cost share equations derived from the translog cost function are estimated for cross-sections of large firms observed in the period...

Transition from socialist to market economy brought drastic changes to the Hungarian labour market. Employment fell by 1.6 million, i.e., by more than 25% during the early transition period, while unemployment jumped from practically nil to over 14% within four years. The rapid economic growth...

Hungary has been a front-runner in the transition to capitalism. It has also experienced exceptionally radical changes in employment and relative wages. One main feature of these changes is an enormous increase in the returns to skill. This paper argues that it is instructive to divide the...

Since the beginning of the transition, Hungarian higher education has been undergoing continuous transformation. The number of students in higher education more than doubled, and this was accompanied by the appearance of newly founded church-run and private higher education institutions and...

This paper is based on a survey carried out among Hungarian secondary school students to examine (i) what students know about wages and relative wages when they are in their senior year of secondary school and are about to make decisions on their further studies (ii) how they form expectations...

The paper analyses the evolution of relative wages using individual wage data, and the contribution of skills to productivity using firmlevel information from Hungary, 1986-99. Its main conclusion is that skills obsolescence was, and still is, an important aspect of postcommunist transition. The...

At the eve of 1999 the Hungarian government introduced radical reforms including a further cut of UI benefits and the abolishment of UA for benefit exhausters. The reforms were based on the assumption that the generosity of unemployment benefits combined with the availability of informal jobs...

The objective of this paper is to examine the nature and determinants of the regional distribution of foreign investment enterprise (FIE) employment in Hungary. Factors explaining the spatial concentration of foreign direct investment (FDI) inflows are investigated and the impact of regional FDI...

The substantial rise of wage inequality in Central and Eastern Europe has attracted the attention of sociologists, concerned with social equity, and economists for whom it indicated the growing differentiation and restructuring of relative prices on the labour market. This research wanted to...

Transition from socialist to capitalist economy led to enormous changes in earnings and employment. In our study a long-horizon descriptive analysis is presented about the major trends, including the last fifteen years of socialism. Education, gender, calendar time, age and vintage effects are...