This book provides a detailed analysis of the transition experience of Czech workers and students. The first chapter … starts with a cross-sectional comparative study of the transition from communist to market wage structures and returns to …

determinants that probably affect the demand for money in a small open transition economy. We do so in the case of both narrow and …

transition economies. Therefore, this paper strives to analyze the particular relevance of a currency substitution phenomenon for … the literature. Subsequently, we discuss the role of currency substitution in small open economies in transition with some …

branches. The results suggest that despite more than one decade of transition, serious adjustment problems exist, including …

communism (1989), in mid-transition (1996) and in late/post-transition (2002). We show: dramatic increases in returns to … returns to education obtained during communism vs. transition; no change in wage-experience profiles over time; and similar … the planners did; all the adjustment occurred in early transition and was driven by market forces rather than private …

resources and the transition economies are often viewed as suffering from inadequate reallocation of labour. We find the Czech … who change jobs have changed sector of employment. Although flows out of employment are small relative to other transition …

Labor mobility is crucial for an efficient allocation of resources and the transition economies are often viewed as … that it occurred with lower incidence and duration of unemployment than in the other transition economies. The demographic … characteristics of different patterns of mobility are similar across these transition economies: we identify younger people in general …