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We analyse the principal objectives and constraints of small and medium-sized enterprises (SMEs), using data from a survey of 437 owners and top managers (CEOs) of SMEs in Russia and Bulgaria. The CEOs display similar views and identify a small number of specific constraints as being the most...
Persistent link: https://www.econbiz.de/10008595685
Capital flight is a fuzzy and unhelpful concept. Russian capital outflows should be analysed in a wider context involving all major determinants of the risk and return faced by Russian savers and investors. Building saver/investor confidence and strengthening the credibility of policies and...
Persistent link: https://www.econbiz.de/10008595721
This study attempts to explain why the transition to a market economy is skill-biased. It shows unequivocal evidence on … increased skill wage premium and supply of skills in transition economies. It examines whether similar skill?favoring shifts in … employer-employee data that spans the 16 years of the Soviet and transition periods in Russia (1985-2000), with a special …
Persistent link: https://www.econbiz.de/10010261607
. While Russia is undergoing transition to a market economy, we find ample evidence that compensating differentials for … information about values of location-specific amenities and quality of life in this large transition economy. …
Persistent link: https://www.econbiz.de/10010261613
We look at the differences in regional unemployment rates in six major transition countries and their persistence over …
Persistent link: https://www.econbiz.de/10010261837
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/10010262299
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 …
Persistent link: https://www.econbiz.de/10010262461
This paper seeks to document and analyse changes in the distribution of wages and employment in the transition … the transition. Proximate causes of this increase seem to be sectoral shifts in employment and increasing inter …
Persistent link: https://www.econbiz.de/10010262471
Interregional differentials in nominal wages in the Russian Federation are huge compared to other countries. Using the NOBUS micro-data and a methodology based on the estimation of the wage equation augmented by aggregate regional characteristics, we show that these differentials have a...
Persistent link: https://www.econbiz.de/10010264987
We exploit the exogenous change in marginal tax rates created by the Russian flat tax reform of 2001 to identify the effect of taxes on labor supply of males and females. We apply the weighted difference-in-difference regression approach and instrumental variables to the labor supply function...
Persistent link: https://www.econbiz.de/10010269214