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contribution to GDP. This study aims at assessing the contribution of entrepreneurship, through its SME segment, to Romania's GDP …
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Transition has involved major job destruction and creation. This paper examines the skill content of these changes using a detailed three country firm survey. It shows that transition has exerted a strong bias against unskilled labour who have lost employment disproportionately. Moreover, job...
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productivity for the entire surviving population of initially state-owned industrial corporations in Romania. The data permit us to …
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Exploiting a unique institutional feature of the early Romanian privatization setup, when a group of firms was explicitly barred from any privatization, we test how politicians select firms into privatization. Using comprehensive data that includes all firms inherited from socialism, we estimate...
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