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Taking down the wall : transition and inequality

Cevik, Serhan; Correa-Caro, Carolina - 2020

This paper investigates the main determinants of income inequality in transition countries during the period 1990 … inequality: the potential endogeneity of income growth, which is largely ignored by most empirical studies. We adopt a two … relationship between income inequality and the level of economic development. We also find that the redistributive impact of fiscal …

Persistent link: https://www.econbiz.de/10012177606

New Evidenceon Fiscal Adjustment and Growth in Transition Economies

Gupta, Sanjeev - 2006

This paper analyzes the relationship between fiscal adjustment and real GDP growth in a panel of 26 transition economies during 1992-2001. Unlike most previous studies using cross-country regressions, the paper finds a positive and statistically significant relationship between fiscal adjustment...

Persistent link: https://www.econbiz.de/10014400282

Labor Market Institutions and Unemployment Dynamics in Transition Economies

Garibaldi, Pietro - 1997

This paper studies interactions between labor market institutions and unemployment dynamics in transition economies. It presents a dynamic matching model in which state sector firms endogenously shed labor and private job creation takes time. Two main conclusions arises. First, higher...

Persistent link: https://www.econbiz.de/10014400421

Informality and Regulations : What Drives Firm Growth?

Dabla-Norris, Era - 2007

The paper relies on a rich firm-level data set on transition economies to examine the role of informality as an important channel through which regulatory and other policy constraints affect firm growth. We find that firms reduce their formal operations with a higher tax and regulatory burden,...

Persistent link: https://www.econbiz.de/10014400439

Skill Acquisition and Firm Creation in Transition Economies

Li, Wenli - 1999

The transition from plan to market has hinged on the development of a dynamic private sector that would serve as the engine of growth and employment creation. This paper examines the link between the availability of skilled workers and the creation of new private firms. Using a dynamic search...

Persistent link: https://www.econbiz.de/10014400529

The Evolution of Output in Transition Economies : Explaining the Differences

Sahay, Ratna - 1999

What are the relative roles of macroeconomic variables, structural policies, and initial conditions in explaining the time path of output in transition and the large observed differences in output performance across transition economies? Using a sample of 26 countries, this paper follows a...

Persistent link: https://www.econbiz.de/10014400551

Central Banking in Transition Countries

Wagner, Helmut - 1998

In the 1990s, the issues of central banking and central bank independence have gained increasing attention, in part owing to the role of the future European central bank, but also owing to the emergence of transition countries and the role of central banks in these countries. The main focus of...

Persistent link: https://www.econbiz.de/10014400660

Pension Developments and Reforms in Transition Economies

Cottarelli, Carlo - 1998

This paper reviews developments in pension systems in 11 transition economies during the 1990s, highlighting the forces behind their rapid weakening. It focuses on the challenges these systems face—including those arising from demographic factors—and discusses why most transition countries...

Persistent link: https://www.econbiz.de/10014400759

Explaining the Behavior of Financial Intermediation : Evidence From Transition Economies

Rother, Philipp C. - 1999

This paper investigates the effects of macroeconomic and structural variables on financial intermediation. To this end, it presents a theoretical foundation for two new measures of intermediation, the money multiplier and the ratio of private sector credit to monetary base. Results from panel...

Persistent link: https://www.econbiz.de/10014401208

Transition Economies : How Appropriate is the Size and Scope of Government?

International Monetary Fund - 2001

This paper assesses changes in the size and scope of government in 24 transition economies. Whereas these governments have retrenched in terms of public expenditures in relation to GDP, as well as public employment as a share of population, some indicators suggest that size remains high (e.g.,...

Persistent link: https://www.econbiz.de/10014403626