This book gives a comprehensive description of macroeconometric modeling and its development over time. The first part depicts the history of macroeconometric model building, starting with Jan Tinbergen's and Lawrence R. Klein's contributions. It is unique in summarizing the development and...

The paper tries to explain the increase in inequality that occured in all transition economies by constructing a simple model of change in composition of employment during the transition. The change consists in the "hollowing-out" of the state-sector middle class as it moves either into the...

Since the beginning of transition to market economy, inequality has increased in all transition countries. The factors driving inequality up: increasing wage inequality (as workers move from a relatively egalitarian state sector to a less equal private sector), and the rising share of income...