Under communism, workers had their wages set according to a centrally-determined wage grid. In this paper we use new micro data on men to estimate returns to human capital under the communist wage grid and during the transition to a market economy. We use data from the Czech Republic because it...

Under communism, workers had their wages set according to a centrally-determined wage grid. In this paper are used new micro data on men to estimate returns to human capital under the communist wage grid and during the transition to a market economy. There are used data from the Czech Republic...

Globalization brings opportunities and pressures for domestic firms in emerging market economies to innovate and improve their competitive position. Using recent data on firms in 27 transition economies, we test for the effects of globalization through the impact of increased competition and...