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Great expectations : a tale of two transitions
Girardi, Daniele; Veneziani, Roberto; Wengle, Susanne - 2023
market economies. These transitions entail far-reaching and complex changes in social, economic and political institutions … that characterise the transition process in both the economic and political realms. Contrary to a widespread assumption …, market-supporting institutions do not necessarily arise when assets are privatised in a highly unstable and uncertain …
Persistent link: https://www.econbiz.de/10014455426
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Necroeconomics – The Theory of Post-Communist Transformation of an Economy
Papava, Vladimer - 2012
In the last decade, nearly a dozen countries, once part of the USSR, have undertaken the transition to market economies …
Persistent link: https://www.econbiz.de/10014163296
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Employment protection, product market regulation and firm selection
Koeniger, Winfried (contributor); Prat, Julien (contributor) - 2006
This paper analyzes the effect of labor and product market regulation in a dynamic stochastic equilibrium with search frictions. Modeling multiple-worker firms allows us to distinguish between the exit-and-entry (extensive) margin, and the hiring-and-firing (intensive) margin. We characterize...
Persistent link: https://www.econbiz.de/10003278939
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Employment Protection, Product Market Regulation and Firm Selection
Koeniger, Winfried; Prat, Julien - 2021
This paper analyzes the effect of labor and product market regulation in a dynamic stochastic equilibrium with search frictions. Modeling multiple-worker firms allows us to distinguish between the exit-and-entry (extensive) margin, and the hiring-and-firing (intensive) margin. We characterize...
Persistent link: https://www.econbiz.de/10013317674
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The productivity effects of worker replacement in young firms
Murmann, Martin - 2017
Existing management research has so far dealt with the consequences of labor turnover for established firms, but has not addressed its effect on young entrepreneurial businesses. In this paper I assess, both theoretically and empirically, the productivity effects of worker replacement in young...
Persistent link: https://www.econbiz.de/10011606997
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Job-to-Job Transitions and Unemployment Dynamics
Simmons, Michael - 2018
This paper studies the role of job-to-job transitions in driving unemployment dynamics. Three stylized facts emerge from applying and extending a well-known stocks-flows based decomposition to the UK and US labour markets for the past two decades. First, the variations in the job-to-job...
Persistent link: https://www.econbiz.de/10012911060
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Returns to Mobility in the Transition to a Market Economy
Boeri, Tito; Flinn, Christopher J. - 2008
In spite of ongoing dramatic changes in labor market structure, we present statistical evidence that transitional economies display rather low worker flows across sectors and occupations. Such low mobility can be explained by low returns to job changes as well as by market segmentation in the...
Persistent link: https://www.econbiz.de/10014049632
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Equilibrium wage arrears : a theoretical and empirical analysis of institutional lock-in
Earle, John S.; Sabirianova Peter, Klara - 2000
We present a model of wage contract violation that implies a possibility of multiple equilibria in the level of arrears. Positive feedback arises because each employer's arrears affect the costs of late payment faced by other employers operating in the same labor market, resulting in a network...
Persistent link: https://www.econbiz.de/10011339102
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Where to go? : workers' reasons to quit and intra- versus interindustry job mobility
Delfgaauw, Josse - 2005
This paper employs survey data on the reasons to quit of Dutch job changers who entered or left a public sector job in 2001. We show that workers' reasons to quit their public sector job influence their decision to stay in or leave their industry of employment. A bad experience with, for...
Persistent link: https://www.econbiz.de/10011343286
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Transition with heterogeneous labor
Balla, Katalin (contributor); Köllő, János (contributor);  … - 2006
the transition, up until the shock is fully absorbed. Viability is a function of the speed of job destruction and the … transition. Within the realm of feasible scenarios, unemployment differentials are simultaneously determined by the speed of … destruction is fast and benefits are high. -- transition ; heterogeneous labor ; job creation ; unemployment benefit ; wage …
Persistent link: https://www.econbiz.de/10003339774