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This research addresses labor market transformation in Russia. It elaborates on the theory of job search and focuses on …; and (2) estimation of wage offer distribution for the transforming labor market. We use data from Phase II of the Russia …
Persistent link: https://www.econbiz.de/10009477075
A general consensus in the transition economies literature links the existence of enterprise restructuring with the … pace of the transition process and the potential for economic growth. The existing literature is less clear, however, about … whether the lack of economic growth is caused by the lack of enterprise restructuring. Complicating the debate in Russia is …
Persistent link: https://www.econbiz.de/10009477077
employer-employee data that spans the 16 years of the Soviet and transition periods in Russia (1985-2000), with a special …This study attempts to explain why the transition to a market economy is skill-biased. It shows unequivocal evidence on … increased skill wage premium and supply of skills in transition economies. It examines whether similar skill–favoring shifts in …
Persistent link: https://www.econbiz.de/10009477147
estimates of capital productivity and firm-level efficiency in Soviet industry are correct, enterprise managers in Russia … capital stock which they inherited. Policy makers, seeking to maintain or expand tax revenues to finance the transition, may … disproportionate burden imposed on the "engines of transition." Moreover, while economic rationale might explain the higher …
Persistent link: https://www.econbiz.de/10009477242
Differences in the evolution of income distribution in Poland and Russia in the post-socialist era are striking: for … example, in Poland, the gini coefficient on earnings went from 0.28 to 0.33 between 1988 and 1998 while in Russia it went from … regional differences in early privatization as instruments to estimate the effect of small enterprises on income distribution …
Persistent link: https://www.econbiz.de/10009476918
-15. (4) In transition economies with more democratic institutions and a better quality of governance, individuals with … high market-relevant skills show a significantly larger support of the privatization status quo than individuals with low … market skills. (5) The society in Russia - triggered by a lack of social capital - chooses to demand more state regulationand …
Persistent link: https://www.econbiz.de/10009480955
the form of decreased grid congestion, improved system reliability, market efficiency, price stabilization, hedging …
Persistent link: https://www.econbiz.de/10009435550
The authors present a result on the robust stabilization of a class of nonlinear systems exhibiting parametric …
Persistent link: https://www.econbiz.de/10009436834
and of policies designed to enhance it? Do greenhouse gas stabilization costs drop in the presence of international … knowledge flows crowd out domestic R&D efforts. The overall domestic pool of knowledge, and thus total net GHG stabilization …
Persistent link: https://www.econbiz.de/10009445084
Central banks are viewed by the general public as reputable institutions, a perception bolstered by economic theory and modeling. By extension, central bankers are thought of as benevolent, as decent men and women attempting to maximize societal welfare through their decisions. Yet, cases of...
Persistent link: https://www.econbiz.de/10009484798