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...

"This book explains the role of formal labour market institutions in keeping the labour utilisation in Central and Eastern Europe above the level characteristic for Western European states. It provides an innovative and enriching take on labour utilisation at large and how various formal labour...

This paper uses semi-parametric econometric techniques to investigate the relationship between basic skills and earning in three post-communist countries: the Czech Republic, Hungary and Slovenia using the IALS dataset. While the large increases in the returns to education in the new market...