In the transition to a market economy, the Russian workforce underwent a wrenching period of change, with excess supply …

communism (1989), in mid-transition (1996) and in late/posttransition (2002). We show: dramatic increases in returns to … returns to education obtained during communism vs. transition; no change in wage-experience profiles over time; and similar … the planners did; all the adjustment occurred in early transition and was driven by market forces rather than private …

aggregate productivity growth during the socialist and reform periods in six transition economies. Modifying a standard … observed in market economies. Early in transition, faster reform is associated with larger contributions from reallocation, but … later, and on average over the whole transition, this relationship is reversed. Though reallocation rates are larger in …

developing and transition economies. With an eye toward future policy, we apply this approach to the first large longitudinal …

This paper uses the BEEPS firm-level data to study the process of convergence of transition countries with developed … cover thousands of firms from virtually all transition countries over a long time period (1996-99 through 2002-05), as well … convergence of transition countries with developed market economies in a number of dimensions. The pattern of growth at the …

-socialist transition using financial data very little is known about how the apparent productivity gains were achieved. This paper follows …

In the transition from socialism to capitalism in Eastern Europe life satisfaction has followed the V-shaped pattern of … asymmetric response of life satisfaction to decreases in GDP in transition countries and increases in GDP in non-transition …