that point in time, which we may define as the end of transition, unemployment is discontinuous. The approximate solution …

explanations why unemployment is high during transition in countries of Central and Eastern Europe the role of unemployment and the … fiscal problems due to unemployment is discussed within a model of economies of transition. The model highlights the …

, sustainable growth requires a transition towards the clean technology. We analyse the scope for (environmental) policies that … induce such a transition. …

The transition from plan to market provides a rare opportunity for insight into the endogenous development of economic … were disrupted during the transition period, leading to an increase in the transaction costs for firms. Blanchard and … transition. Though this argument is correct, we believe that this and similar works stop short of a fuller characterisation of …