self-employment rate and the unemployment rate. It is also shown that the self-employed are more satisfied with their jobs … Netherlands. Latvia, Russia and Hungary were found to be the least flexible countries. Of the OECD countries examined, Austria and …

Poland, Hungary. and Czechoslovakia and develop a model of changing support for reforms during the transition to a market … economy. I find surprising stability in labor institutions in the first stage of transition to a market economy, but dramatic … to seek consensus on labor issues -- as they had done under reform communism. By contrast, labor market outcomes changed …

This paper examines the inflation targeting experience in three transition countries: the Czech Republic, Poland and … Hungary. While the examined countries have missed inflation targets often by a large margin, they nevertheless progressed well …

membership (Czech Republic, Hungary, Poland, and Slovakia). A Multi-Annual Fiscal Adjustment Strategy (MAFAS) and a Pre …

the shock has three distinct elements: (a) a terms of trade deterioration; (b) a market-loss effect; and (c) a removal … and a third of the decline in Poland …

unemployment. Finally, we return to the role of policy and the future in Poland, as well as the causes of cross-Central European …Transition in Central Europe is four years old. State firms which dominated the economy are struggling with market … forces. A new private sector quickly emerged and has taken hold. Unemployment, which did not exist, is high and still …

. We characterize a class of environments in which the tax on labor goes to zero in the long run, while the tax on capital … income may be non-zero, reversing the standard prediction of the Ramsey tax literature. The zero labor tax is an optimal long … sovereign debt constraints. The front loading of labor taxes allows the economy to build a large (aggregate) debt position in …

productivity gap" suggests that labor is greatly misallocated across sectors. In this paper, we draw on new micro evidence to ask … to what extent the gap is still present when better measures of sector labor inputs and value added are taken into …