Showing 1 - 10 of 1,064
afterwards. Beyond the well documented asymmetries across countries, we uncover different responses of adult and youth … unemployment rates. While adult unemployment is more prone to experience structural breaks, youth unemployment is more sensitive to … specifically targeted to youth unemployed in bad times. One important implication of our findings is that generic labour market …
Persistent link: https://www.econbiz.de/10012990858
The rapid journey from central planning to EU (euro area) membership stress-tested the social learning processes of the Former Transition Economies (FTEs). The desire for a higher standard of living, to be anchored to the West, and to enter the EU, spurred major reform waves and led to the very...
Persistent link: https://www.econbiz.de/10014092625
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/10014083987
Countries across Eastern Europe and Central Asia are in their third decade of independence. What impact does this have on the skills premium and does accession to the European Union have an impact on the returns to education? The returns to education in 28 transition and 20 non-transition...
Persistent link: https://www.econbiz.de/10014346264
Using data for 22 economies in Eastern and Western Europe, we find evidence that having studied under communism is relatively penalized in the economies of the late 2000s. This evidence, however, is limited to males and to primary and secondary education, and holds for eight CEE economies but...
Persistent link: https://www.econbiz.de/10013131924
This paper summarizes the evolution of labor markets and labor market institutions and policies in the countries of Central and Eastern Europe as well as of Central Asia over the last two decades. The main focus is on the evolution of labor market institutions, which are among candidate...
Persistent link: https://www.econbiz.de/10013121335
This paper analyzes, using country-level panel data from transition economies and Latin America, the impact of labor market institutions on informal economic activity. The measure of informal economic activity is taken from Schneider et al. (2010), the most comprehensive study to date. The data...
Persistent link: https://www.econbiz.de/10013096470
In their survey of the literature on ethnic fractionalization and economic performance, Alesina and La Ferrara (JEL 2005) identify two main directions for future research. One is to improve the measurement of diversity and the other to treat diversity as an endogenous variable. This paper tries...
Persistent link: https://www.econbiz.de/10013153312
Recent studies show that firms are playing an increasingly important role in shaping wage inequality in advanced economies. We contribute to this literature by analysing wage inequality patterns and their firm dimension in Central and Eastern European countries. We use large, linked...
Persistent link: https://www.econbiz.de/10012870271
After the collapse of Communism in Central and Eastern Europe, former party members were particularly likely to start businesses and become entrepreneurs. However, it remains unclear whether this entrepreneurial activity was driven by the resources, information and opportunities provided by...
Persistent link: https://www.econbiz.de/10012859290