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Returns to human capital under the communist wage grid and during the transition to a market economy

Terrell, Katherine D.; Švejnar, Jan; Münich, Daniel - 2000

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

Persistent link: https://www.econbiz.de/10011325997

Economic reforms and productivity-enhancing reallocation in the post-Soviet transition

Brown, J. David (contributor); Earle, John S. (contributor) - 2004 - [Elektronische Ressource]

Persistent link: https://www.econbiz.de/10001944050

How transition paths differ : enterprise performance in Russia and China

Bhaumik, Sumon Kumar (contributor); Estrin, Saul (contributor) - 2005

We use enterprise data to analyse and contrast the determinants of enterprise performance in China and Russia. We find that in China, enterprise growth and efficiency is associated with rapid increases in factor inputs, but not correlated with ownership or institutional factors. However, in...

Persistent link: https://www.econbiz.de/10002603928

The distribution of wages in Poland, 1992 - 2002

Newell, Andrew (contributor); … - 2005

This paper analyses the changes in the size distribution of wages in Poland over a decade of transition. Until about 1998 there were some forces tending to increase wage inequality and other forces contracting it. The result was a relatively constant level of inequality. Privatisation was the...

Persistent link: https://www.econbiz.de/10002615662

Job reallocation and productivity growth in the Ukrainian transition

Brown, J. David (contributor); Earle, John S. (contributor) - 2004 - [Elektronische Ressource]

We analyze the pace and patterns of job reallocation in Ukraine using 1992-2000 panel data on nearly the surviving universe of manufacturing firms inherited from the Soviet Union. Employment growth displays substantial increase in heterogeneity during this transition period, with a corresponding...

Persistent link: https://www.econbiz.de/10002456178

The determinants of asset stripping : theory and evidence from the transition economies

Campos, Nauro (contributor); … - 2005

During the transition from plan to market, managers and politicians succeeded in maintaining control of large parts of the stock of socialist physical capital. Despite the obvious importance of this phenomenon, there have been no efforts to model, measure and investigate this process...

Persistent link: https://www.econbiz.de/10003299971

Privatization and productivity in Romanian industry : evidence from a comprehensive enterprise panel

Earle, John S.; Telegdy, Álmos - 2001

We construct and analyze a unique database with 1992-99 information on privatization transactions and labor … describe the post-privatization ownership structure and to test the effect of alternative privatization policies on firm … and domestic blockholders, but insider and mass privatization are also estimated to have positive, although smaller …

Persistent link: https://www.econbiz.de/10011402871

Asset stripping, rule of law and firm survival : the Hoff-Stiglitz model and mass privatization in Montenegro

Koman, Matjaž; Lakičević, Milan; Prašnikar, Janez; … - 2013

-oriented issue of why a large number of efficient firms disappeared during mass privatization in a booming economy of Montenegro …. Econometrically, we present the first study to look at firms that disappeared during a mass privatization transition, improving upon … remaining in samples when estimating the effects of privatization or other ownership changes. We also show that one needs to …

Persistent link: https://www.econbiz.de/10010226663

Can price controls be optimal? : the economics of the energy shock in Germany

Krebs, Tom; Weber, Isabella - 2024

In the wake of the global energy crisis, many European countries used energy price controls to fight inflation and to stabilize the economy. Despite its wide adoption, many economists remained skeptical. In this paper, we argue that price controls should be part of the policy toolbox to respond...

Persistent link: https://www.econbiz.de/10014545082

Automatic stabilizers and economic crisis : US vs. Europe

Dolls, Mathias; Fuest, Clemens; Peichl, Andreas - 2009

This paper analyzes the effectiveness of the tax and transfer systems in the European Union and the US to act as an automatic stabilizer in the current economic crisis. We find that automatic stabilizers absorb 38 per cent of a proportional income shock in the EU, compared to 32 per cent in the...

Persistent link: https://www.econbiz.de/10003879344

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