time path of output in transition and the large observed differences in output performance across transition economies …

private sector credit to monetary base. Results from panel estimations covering 19 transition economies indicate that policy …

This paper analytically explores and empirically tests a number of hypotheses to explain the rapid growth in transition …

Between 1991 and 1999, capital flows to 25 transition economies in Europe and the former Soviet Union differed widely …

This paper analyzes the relationship between fiscal adjustment and real GDP growth in a panel of 26 transition …

This paper studies interactions between labor market institutions and unemployment dynamics in transition economies. It … main conclusions arises. First, higher unemployment benefits increase steady-state unemployment, and, during the transition … consistent with existing evidence on the dynamics of unemployment and real wages in transition economies …

This paper estimates equilibrium dollar wages for 15 transition economies. Equilibrium dollar wages are interpreted as …) transition economies, but have been flat in most CIS countries; and (ii) 1996 actual dollar wages remain below estimated … equilibrium dollar wages for most but not all transition countries covered …

The transition from plan to market has hinged on the development of a dynamic private sector that would serve as the … transition. The paper also shows how policies designed to encourage skill acquisition by workers have a positive impact on the …

This paper reviews developments in pension systems in 11 transition economies during the 1990s, highlighting the forces … factors—and discusses why most transition countries are considering shifting, or have already shifted, from traditional … the speed of the transition toward the new system …