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Purchasing Power Parity (PPP) for two advanced transition economies (Poland and the Czech Republic) and one lagging transition … the advanced reformers and the developed economies. However, PPP is not rejected between the two advanced transition … economies, though it is rejected between the lagging and advanced transition economies. The evolution of the real exchange rates …
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We investigate whether privatization, competitive forces, and the hardening of budget constraints played efficiency-enhancing roles in Russia in the immediate post-privatization period. We find evidence of a positive impact of privatization on labor productivity: a 10% point increase in private...
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that in the transition context managers' career concerns might result in the opposite effect. If the bulk of job …
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Transition countries, and many other countries with incomplete markets, have faced long periods with both high … employed in transition countries. This paper studies the effects of incomes policies on inflation in Bulgaria and Poland in …
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