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...

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 the Russian and U.S. economies are driven by the...

We provide the first econometric study of efficiency for a member of the Mondragon group of worker cooperatives. Eroski is a retail distribution chain and, most unusually, there are two distinct types of hypermarkets: (i) cooperatives with significant employee ownership and voice; and (ii) GESPAs...

The authors investigate the effects on absenteeism of two types of employee sharing plans--profit-sharing and employee share ownership--in 127 French firms over the years 1981-91. Both types of plans were associated with statistically significant reductions in absenteeism. Most effective was the...

Dieses Discussion Paper beschäftigt sich mit der Analyse der technischen und Skaleneffizienz russischer Agrarunternehmen im Transformationsprozess. Insbesondere wird hierbei der Einfluss der Faktoren Betriebsgröße, Rechtsform und Spezialisierung auf die Effizienz untersucht. Um die...

In diesem Paper werden die Effizienz und totale Faktorproduktivität (TFP) der ukrainischen landwirtschaftlichen Unternehmen im Zuge des Transformationsprozesses in die Marktwirtschaft betrachtet. Dabei werden die Effizienzen mittels der Data Envelopment Analysis analysiert und die Änderungen...

This paper analyses the impact of risk attitudes on the decision to become self-employed among individuals who grew up under the communist regime in Ukraine, which banned self-employment so that individuals could not observe what it is like to be self-employed. Since the intra-family...

Despite being the poorest or second poorest participant, Vietnam performed much better than all other developing countries, and even ahead of wealthier countries such as the U.S. and the U.K., on the 2012 and 2015 PISA assessments. We provide a rigorous investigation of Vietnam's strong...

Recently, Blanchard and Kremer (BK) argued that disorganization has led to the output decline in the former Soviet Union. In this paper we introduce liquidity and credit constraints into the BK model and show how these problems can alleviate the hold-up problem. We argue further that barter...

Despite being the poorest or second poorest participant, Vietnam performed much better than all other developing countries, and even ahead of wealthier countries such as the U.S. and the U.K., on the 2012 and 2015 PISA assessments. We provide a rigorous investigation of Vietnam's strong...