. The government however lost the elections. This paper uses unique survey data to examine whether the high unemployment … associated with market reform contributed to the election outcome. High unemployment did have an effect but it was small and does … not explain the election loss. In fact, many in the population, including the unemployed, believed that high unemployment …

Theory and economic intuition suggest that domestic institutions influence the employment impact of economic reform …

to learn from experience is itself affected by economic institutions. A society which does not trust markets is more … institutions reinforce each other in slowing or preventing people from learning the correct underlying parameters. -- Ideology … ; market economy ; unemployment …