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The aim of this paper is to explore the link between credit and output in the context of a developed transition economy …) the rapidly growing importance during transition of their financial sectors (the insurance, pension funds and real estate …
Persistent link: https://www.econbiz.de/10005036842
One potential impact of the looming EU accession of Central European economies is unemployment hysteresis working through long-term unemployment (LTU). In this paper, we explore the mechanisms of LTU by providing a detailed description of the recent rise in Czech LTU following the recession of...
Persistent link: https://www.econbiz.de/10005489901
frequent tax evaders and a 12% increase in the number who never evade. Governments in transition countries who suffer from weak …
Persistent link: https://www.econbiz.de/10005408409
look at changes in the behaviour of enterprises. In 1994, after the chaos during the culmination of transition (1991 …
Persistent link: https://www.econbiz.de/10005412948
Persistent link: https://www.econbiz.de/10010593488
are used to analyze a 1993 survey of 27,000 adults in six transition economies. Estimated selfemployment earnings premia … related to schooling, pre-transition family income, receipt of property in restitution, precommunist family business …
Persistent link: https://www.econbiz.de/10011316912
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 …
Persistent link: https://www.econbiz.de/10011318594
micro data on men to estimate returns to human capital under the communist wage grid and during the transition to a market … economy. We use data from the Czech Republic because it is a leading transition economy in which the communist grid remained … firms during the transition. Our estimates also indicate that men's wage-experience profile was concave in both regimes and …
Persistent link: https://www.econbiz.de/10011325997
Over the past two decades, the income level of the Czech Republic has converged considerably towards the OECD average. However, after the 2008 global crisis, the convergence process stalled. Shortfalls in labour productivity have developed and are mainly structural. Policies are needed to foster...
Persistent link: https://www.econbiz.de/10011700138
In this paper we take stock of the evidence concerning the effect of foreign direct investment (FDI) on the productivity of locally owned firms in the Czech Republic. To this end, we collect 332 estimates previously reported in journal articles, working papers, and PhD theses. We find that the...
Persistent link: https://www.econbiz.de/10011859006