Previous migration facilitates future population moves, a phenomenon called network migration. However, thus far, network migration has been closely linked to network externalities. In contrast, this paper argues that the incumbent migration population can actively impact on future migration...

In the context of Romania's macroeconomic and agricultural transformation, this paper analyses the current extent of the depth of rural finance and discusses the implications for the future development of rural financial markets in Romania. The overall agricultural support system is reviewed...

This paper reviews recent developments and progress in the restructuring of the Russian economy. Great emphasis is placed on industrial policy and creating the necessary legal and regulatory framework to enable the development of new enterprises, markets and the restructuring of existing...

This paper estimates the effect of privatization on multifactor productivity (MFP) using long panel data for nearly the universe of initially state-owned manufacturing firms in four economies. We exploit the key longitudinal feature of our data to measure and control for pre-privatization...

It is argued that the impact of privatisation should be seen on company performance and productivity. The effects of "levelling the playing field" between the old state sector (whether or not now privatised) and new entrants to the industry will also be considered. Privatisation, in the sense of...

This paper addresses issues related to the process of restructuring of the Bulgarian economy during the transition period. The analysis, based on the use of input-output tables, reveals various aspects of economic activity in their interconnection. As the economy evolves over time the structure...

This paper documents and analyses gross job flows and their determinants in Ukraine using a unique data set of more than 2200 Ukrainian firms operating in both the manufacturing and the non-manufacturing sector for the years 1998-2000. There are several important findings in the paper. Job...

We extend our 2003 paper on instrumental variables (IV) and GMM estimation and testing and describe enhanced routines that address HAC standard errors, weak instruments, LIML and k-class estimation, tests for endogeneity and RESET and autocorrelation tests for IV estimates.

We examine the effects of economic transition on the pattern and costs of worker displacement in Ukraine, using the Ukrainian Longitudinal Monitoring Survey (ULMS) for the years 1992 to 2002. Displacement rates in the Ukrainian labour market average between 3.4 and 4.8 percent of employment,...

Politically, the eight Southeast European countries have been less stable than those countries in Central Europe and the Baltics which are on track for EU Accession in 2004. The former countries have achieved generally poorer economic performance since 1990, and their economic reforms have also...