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We explore the pace of increase in returns to schooling during the transition from planning to market over time across a number of Central and Eastern European countries, Russia, and China. We use metadata from 33 studies of 10 transition economies covering a period from 1975 through 2002. Our...
Persistent link: https://www.econbiz.de/10013319200
We explore the pace of increase in returns to schooling during the transition from planning to market over time across a number of Central and Eastern European countries, Russia, and China. We use metadata from 33 studies of 10 transition economies covering a period from 1975 through 2002. Our...
Persistent link: https://www.econbiz.de/10010271753
Large imbalances between the supply and demand for skills in transition economies are driven by rapid economic restructuring, misalignment of the education system with labor market needs, and underdeveloped adult education and training systems. The costs of mismatches can be large and...
Persistent link: https://www.econbiz.de/10011434453
Estonia, which adopted relatively free labor market policies early in its transition, experienced rapid increases in returns to human capital Ntilde; rising returns to education and rising relative wages for younger educated workers, but declining returns to experience for older workers with...
Persistent link: https://www.econbiz.de/10012749334
This paper analyzes the roles of human capital and political capital in income determination, and the determinants of investment in these two types of capital in China. Political capital is treated as a distinct form of capital, which is accumulated through investment and commands a return. The...
Persistent link: https://www.econbiz.de/10014102046
This paper uncovers evidence on the distribution of wages in Belarus in the second half of the 1990s. The returns to education and work experience are high and stable, which is atypical for a transition country. This might be due to the pervasive role of the state in fixing wages in the dominant...
Persistent link: https://www.econbiz.de/10010261890
Data from nine transition economies in Central and Eastern Europe are used to examine the role of computer adoption for returns to education. As in western economies, computers are adopted most heavily by young, educated, English-speaking workers with the best access to local telecommunications...
Persistent link: https://www.econbiz.de/10013318963
This paper uncovers evidence on the distribution of wages in Belarus in the second half of the 1990s. The returns to education and work experience are high and stable, which is atypical for a transition country. This might be due to the pervasive role of the state in fixing wages in the dominant...
Persistent link: https://www.econbiz.de/10013319275
We examine the role of potential residual revenue in determining the pay of skilled workers and enterprise directors relative to production workers in China's Township and Village Enterprises (TVEs) in the period from 1984 to 1990. The potential residual is proxied negatively by returns to scale...
Persistent link: https://www.econbiz.de/10014072695
The economic returns to education in transition countries have been extensively evaluated in the literature. The present study contributes to this literature by estimating the returns to education in Georgia during the last transition period 2000-04. We find very low returns to education in...
Persistent link: https://www.econbiz.de/10010286544