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 …

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 …

Innovation is at the basis of economic development and as such, it is instrumental for developing countries. We review …

model incorporating England's and China's distinct pre-modern risk-sharing institutions. The model predicts a transition in …

Conventional wisdom about the relationship between income distribution and economic development has been subjected to … the development process. In early stages of industrialization, as physical capital accumulation was a prime engine of … growth, inequality enhanced the process of development by channeling resources towards individuals whose marginal propensity …

Conventional wisdom about the relationship between income distribution and economic development has been subjected to … for economic development, the Neoclassical paradigm, which had subsequently dominated the field of macroeconomics …

necessarily mean that giving money to women is a good development policy. We show that depending on the nature of the production …