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What Directions for Labor Market Institutions in Eastern and Central Europe?
Freeman, Richard B. - 2021
Poland, Hungary. and Czechoslovakia and develop a model of changing support for reforms during the transition to a market … massive vacancies. The dispersion of wages increased substantially in Hungary and Poland though not in Czechoslovakia. My …
Persistent link: https://www.econbiz.de/10013220944
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Inflation Targeting in Transition Countries : Experience and Prospects
Jonas, Jiri; Mishkin, Frederic S. - 2021
This paper examines the inflation targeting experience in three transition countries: the Czech Republic, Poland and … performance will improve and support for the central bank will be higher if the central banks emphasize avoiding undershoots of … central bank and the government in these countries has been quite difficult, but this can be alleviated by having a direct …
Persistent link: https://www.econbiz.de/10013225557
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On the Speed of Transition Central Europe
Aghion, Philippe; Blanchard, Olivier J. - 2003
Poland so far. We then develop a model and use it to think about the determinants of the speed of transition and the level of … unemployment. Finally, we return to the role of policy and the future in Poland, as well as the causes of cross-Central European …
Persistent link: https://www.econbiz.de/10014089271
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From Centrally-Planned to Market Economies : The Road from Cpe to Pcpe
Calvo, Guillermo A. - 2010
This paper deals with the early stages of transformation of centrally-planned economies (CBEs) into market economies during which expectations playa key role. It focuses on the transitional phase during which the economy is not any more a CPE but has not yet become a market economy. During this...
Persistent link: https://www.econbiz.de/10013139423
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Capitalizing China
Fan, Joseph P. H. - 2011
Despite a vast accumulation of private capital, China is not embracing capitalism. Deceptively familiar capitalist features disguise the profoundly unfamiliar foundations of "market socialism with Chinese characteristics." The Chinese Communist Party (CCP), by controlling the career advancement...
Persistent link: https://www.econbiz.de/10013117212
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The Democratic Transition
Murtin, Fabrice - 2011
Over the last two centuries, many countries experienced regime transitions toward democracy. We document this democratic transition over a long time horizon. We use historical time series of income, education and democracy levels from 1870 to 2000 to explore the economic factors associated with...
Persistent link: https://www.econbiz.de/10013120286
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The Gorbachev Anti-Alcohol Campaign and Russia's Mortality Crisis
Bhattacharya, Jay - 2012
Political and economic transition is often blamed for Russia's 40% surge in deaths between 1990 and 1994. Highlighting that increases in mortality occurred primarily among alcohol-related causes and among working-age men (the heaviest drinkers), this paper investigates an alternative...
Persistent link: https://www.econbiz.de/10013096856
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The Returns to Education in China : Evidence from the 1986 Compulsory Education Law
Fang, Hai - 2012
As China transforms from a socialist planned economy to a market-oriented economy, its returns to education are expected to rise to meet those found in middle-income established market economies. This study employs a plausible instrument for education: the China Compulsory Education Law of 1986....
Persistent link: https://www.econbiz.de/10013104400
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The Role of Intangible Capital in the Transformation and Growth of the Chinese Economy
Hulten, Charles R. - 2014
Investment in a broad array of intangible capital - R&D, organizational capital, worker training, and brand equity - has occurred in many of the most advanced world economies and has been found to be an important source of economic growth. This evidence suggests that intangible capital formation...
Persistent link: https://www.econbiz.de/10013065397
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The Collapse of the Soviet Union and the Productivity of American Mathematicians
Borjas, George J. - 2014
It has been difficult to open up the black box of knowledge production. We use unique international data on the publications, citations, and affiliations of mathematicians to examine the impact of a large post-1992 influx of Soviet mathematicians on the productivity of their American...
Persistent link: https://www.econbiz.de/10013066694