Despite strong growth performance in transition economies in the last decade, residents of transition countries report … explanations of this phenomenon. First, we document that the disparity in life satisfaction between residents of transition and non-transition … macroeconomic volatility, and a mismatch of human capital of residents educated before transition which disproportionately affected …

of micro data sets from between 1980's and 2010 for both advanced market economies and economies undergoing transition … from central planning to market based system. We show that wage inequality was initially lower in transition economies and … between structural change and wages in both advanced and post-transition economies, despite the predictions from skill …

of micro data sets from between 1980's and 2010 for both advanced market economies and economies undergoing transition … from central planning to market based system. We show that wage inequality was initially lower in transition economies and … between structural change and wages in both advanced and post-transition economies, despite the predictions from skill …

transition countries. It employs a new set of the institutional variables published by the World Bank against the commonly used … transition index of the European Bank for Reconstruction and Development. Also, the paper tests the validity of some arguments …

that characterise the transition process in both the economic and political realms. Contrary to a widespread assumption … survey the vast empirical literature on transition economies in order to provide evidence on the correlation between … expectations at the beginning of transition and success of the transition process. We provide the first comprehensive survey of the …

We consider a continuum of agents in a transition country where the transfer of property rights has occurred. The … transition is in progress and the nature of the government's future policies is unknown to the agents. Agents believe that the …

economic transition in post-communist countries. We develop a simple signaling model in which constitutionalism - a commitment …

Growth empirics with institutional measures is performed for 25 transition countries overthe period 1990-95. Estimation … performance in transition countries than institutionsper se. This suggests that macroeconomic stabilization and peace should be … the main policypriorities in transition, closely followed by institution building. …