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Entrepreneurship from scratch : lessons on the entry decision into self-employment from transition economies

Earle, John S.; Saková, Zuzana - 1999

are used to analyze a 1993 survey of 27,000 adults in six transition economies. Estimated selfemployment earnings premia … related to schooling, pre-transition family income, receipt of property in restitution, precommunist family business …

Persistent link: https://www.econbiz.de/10011316912

Sectoral restructuring and labor mobility : a comparative look at the Czech Republic

Sorm, Vit; Terrell, Katherine D. - 2000

Labor mobility is crucial for an efficient allocation of resources and the transition economies are often viewed as … that it occurred with lower incidence and duration of unemployment than in the other transition economies. The demographic … characteristics of different patterns of mobility are similar across these transition economies: we identify younger people in general …

Persistent link: https://www.econbiz.de/10011318594

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

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 is a leading transition economy in which the communist grid remained … firms during the transition. Our estimates also indicate that men's wage-experience profile was concave in both regimes and …

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

What drives the speed of job reallocation during episodes of massive adjustment?

Jurajda, Štěpán; Terrell, Katherine D. - 2002

transition from communist to market oriented economies. …

Persistent link: https://www.econbiz.de/10011413904

Can the UAE avoid the oil curse by economic diversification?

Haouas, Ilham; Heshmati, Almas - 2014

Recent research conclude that the GCC economies have failed to address the oil curse. They are far behind other countries, especially those in the G7, which possess huge reserves of oil wealth but have undertaken economic diversification to correct the ill-effects of an oil curse. This paper...

Persistent link: https://www.econbiz.de/10010252644

Capital accumulation and unemployment : new insights on the Nordic experience

Karanassou, Marika (contributor); Sala, Hector (contributor) - 2007

This paper takes a fresh look at the analysis of labour market dynamics and argues that capital accumulation plays a fundamental role in shaping unemployment movements. This role has generally been examined by considering indirect transmission channels of the capital stock effects, i.e. using...

Persistent link: https://www.econbiz.de/10003608449

Productivity and the welfare of nations

Basu, Susanto; Pascali, Luigi; Schiantarelli, Fabio; … - 2012

We show that the welfare of a country's infinitely-lived representative consumer is summarized, to a first order, by total factor productivity and by the capital stock per capita. These variables suffice to calculate welfare changes within a country, as well as welfare differences across...

Persistent link: https://www.econbiz.de/10009535843

How should capital be taxed? : theory and evidence from Sweden

Bastani, Spencer; Waldenström, Daniel - 2018

This paper presents a comprehensive analysis of the role of capital taxation in advanced economies with a focus on the Swedish experience. We synthesize the existing theoretical literature, present facts about the capital stock and its distribution, review current capital tax practices and...

Persistent link: https://www.econbiz.de/10011845732

How should we measure infrastructure? : the case of highways and streets

Kornfeld, Robert; Fraumeni, Barbara M. - 2024

The recent debates on infrastructure spending have led to renewed interest in the measurement of infrastructure and its effects on growth and well-being. This paper updates estimates of one important type of infrastructure capital—highways and streets. We compare BEA's capital measures with...

Persistent link: https://www.econbiz.de/10014584324

Constructing BEA highways and streets net wealth stocks with detailed types of investment and engineering-based estimates of depreciation

Fraumeni, Barbara M.; Kornfeld, Robert - 2024

This paper builds on a previous paper by the authors (Kornfeld and Fraumeni, 2022) that primarily used U.S. Federal Highway Administration Highway Statistics data to disaggregate investment in highways and streets into more detailed types to produce updated estimates of net wealth stocks and...

Persistent link: https://www.econbiz.de/10014584337

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