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Economic Restructuring, Unemployment, and Growth in a Transition Economy

Chadha, Bankim; Coricelli, Fabrizio; Krajnyák, Kornélia - In: IMF Staff Papers 40 (1993) 4, pp. 744-780

This paper develops a model of the process of reallocation of labor from the state sector to the private sector. When growth is exogenously determined, we show that in the initial stages of transition unemployment will rise. After a critical stage in the transition process, restructuring is...

Persistent link: https://www.econbiz.de/10008915288

Economic Restructuring, Unemployment, and Growth in a Transition Economy

Krajnyák, Kornélia; Chadha, Bankim; Coricelli, Fabrizio - International Monetary Fund (IMF) - 1993

This paper develops a model of the process of reallocation of labor from the state sector to the private sector. When growth is exogenously determined, we show that in the initial stages of transition unemployment will rise over time. After a critical stage in the transition process,...

Persistent link: https://www.econbiz.de/10005599418

Economic restructuring, unemployment, and growth in a transition economy

Chadha, Bankim - In: Staff papers / International Monetary Fund 40 (1993) 4, pp. 744-780

Persistent link: https://www.econbiz.de/10001157176

Economic Restructuring, Unemployment, and Growth in a Transition Economy

Krajnyák, Kornélia - 1993

This paper develops a model of the process of reallocation of labor from the state sector to the private sector. When growth is exogenously determined, we show that in the initial stages of transition unemployment will rise over time. After a critical stage in the transition process,...

Persistent link: https://www.econbiz.de/10014398370

Economic Restructuring, Unemployment, and Growth in a Transition Economy

Chadha, Bankim; Coricelli, Fabrizio; Krajnyák, Kornélia - In: Staff papers / International Monetary Fund 40 (1993) 4, pp. 744-780

Persistent link: https://www.econbiz.de/10006358732

Economic Restructuring, Unemployment, and Growth in a Transition Economy

Chadha, Bankim - 2006

This paper develops a model of the process of reallocation of labor from the state sector to the private sector. When growth is exogenously determined, we show that in the initial stages of transition unemployment will rise over time. After a critical stage in the transition process,...

Persistent link: https://www.econbiz.de/10012781776

Economic restructuring, unemployment, and growth in a transition economy

Chadha, Bankim - 1993

Persistent link: https://www.econbiz.de/10013425217