. Using data over this period of deep transition, we estimate a disequilibrium model with a standard maximum likelihood method …

One feature common to many post-socialist transition economies is a relatively compressed wage structure in the state … acquisition and thus presents adverse consequences for the entire transition economy if a substantial portion of the labor force … outcomes, in a transition setting with matched firm and worker data collected in one of the largest provinces of Vietnam – Ho …

In most countries of Central and Eastern Europe and the Commonwealth of Independent States, the transition to market … fall in employment since 1990 has been similar to other transition economies, leading to a sharp reduction of labor force …

adjustments have become more sensitive to adjustment costs during the transition, but worker and manager ownership are associated …

How fast transition should occur and how fast privatization and/or entry should take place in formerly socialist … are emerging in transition economies: a high development equilibrium and a low development equilibrium. In the high … transition can push an economy to either the high or low development equilibrium in the long run. We concentrate on the speed …

manifested themselves more sharply than in the transition economies of Central and Eastern Europe. In East Germany, the … transition was especially rapid and sharp since East Germany virtually over night made the transition from the Eastern European …

more flexibility leading to more innovation and reform. We apply our theory to business firms, transition economies, and … the organization of government (especially federalism). In the case of transition economies, our theory relates the …