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Persistent link: https://www.econbiz.de/10001800137
The paper discusses how the Russian labor market has been evolving over two decades of the transition. It starts with tracing key labor market indicators such as employment, unemployment, labor force participation, working hours, and real wages. Their dynamics indicate that the labor market...
Persistent link: https://www.econbiz.de/10009235191
Along with political and economic changes, the fall of the socialist regimes in Central and Eastern Europe and the former Soviet Union brought about fundamental institutional reforms. Several studies have examined the causes of the increasing unhappiness which accompanied the transition process,...
Persistent link: https://www.econbiz.de/10011387030
One of the strongest stylized facts of the transition is also one of the most unexpected: after 1989 Central and Eastern European and Former Soviet Union countries diverged massively. Institutions are a main reason. The EU anchor thesis posits that the prospect of membership in the European...
Persistent link: https://www.econbiz.de/10012792626
Consider an economy populated by males and females, both rich and poor. The society has to choose one of the following marriage institutions: polygyny, strict monogamy, and serial monogamy (divorce and remarriage). After having identified the conditions under which each of these equilibria...
Persistent link: https://www.econbiz.de/10009548159
The paper presents a model of educational production which tries to make sense of recent evidence on effects of institutional arrangements on student performance. In a simple principal-agent framework, students choose their learning effort to maximize their net benefits, while the government...
Persistent link: https://www.econbiz.de/10011411167
Why do some societies fail to adopt more efficient political and economic institutions in response to changing economic conditions? And why do such conditions sometimes generate conservative ideological backlashes and, at other times, progressive social and political movements? We propose an...
Persistent link: https://www.econbiz.de/10011949432
may generate an ideological backlash that puts a higher premium on traditional values. We apply the theory to numerous …
Persistent link: https://www.econbiz.de/10011641551
Exploiting a novel geo-referenced data set of population diversity across ethnic groups, this research advances the hypothesis and empirically establishes that variation in population diversity across human societies, as determined in the course of the exodus of humans from Africa tens of...
Persistent link: https://www.econbiz.de/10011670896
The aim of this paper is to test a key aspect of Baumol's theory that the allocation of entrepreneurial efforts toward … of becoming selfemployed, and were more successful entrepreneurs. Our results confirm Baumol's theory in a setting that …
Persistent link: https://www.econbiz.de/10012550208