Ten years after the start of transition, there are many puzzles we still have to live with. Why did all countries … labour supply. Surprisingly enough, the literature on the economics of transition has devoted little, if any, attention to … labour force participation decisions. In the models of the optimal speed of transition (OST) literature, the labour force is …

-type industrialization. This decentralized industrialization is shown to be the ultimate driving force of the transition from plan to market …

structures in transition. We find especially government expenditures on subsidies to be negatively correlated with both … in the late 1990's and early 2000's the European integration process allowed several of the transition economies to aim …

socialist system. We also emphasise the diversity across the countries concerned. For the period of transition, itself …. The picture during transition, like that under socialism, is varied. Russia has experienced very sharp increases in … transition, a framework which would help interpretation of the evidence. …

infrastructure to the transition process. In addition to the direct cost savings, infrastructure investment generates important … indirect effects, or transition impacts. The model shows that, by reducing transaction costs, infrastructure intensifies … importance of these transition impacts of infrastructure depends on features of the economy, such as the degree of cost asymmetry …

Transition period, several factors prevented its growth to even higher levels. One of these factors, the distribution of …

The paper analyses the transition in Russia through a theoretical model in which job-to-job mobility plays a crucial … role. It shows that job-to-job mobility is a key factor preventing a discontinuous break in unemployment and insulating …