Under communism, workers had their wages set according to a centrally-determined wage grid. In this paper are used new micro data on men to estimate returns to human capital under the communist wage grid and during the transition to a market economy. There are used data from the Czech Republic...

Labor mobility is crucial for an efficient allocation of resources and the transition economies are often viewed as suffering from inadequate reallocation of labor. This book shows that in the Czech Republic has been a significant movement into the finance, trade, and tourism sectors and out of...