Purpose–The purpose of this paper is to provide estimates of factor income shares for 79 developed, developing and transition economies representing close to 90 percent of the world output and to test for income share convergence. Design/methodology/approach–The paper uses data from the...

The paper evaluates levels and trends in capital accumulation in countries of the Commonwealth of Independent States (CIS) since the start of market reforms. Based on certain assumptions about the survival rate of the old Soviet era capital and perpetual inventory method to account for new...

Purpose – The purpose of this paper is to provide estimates of factor income shares for 79 developed, developing and transition economies representing close to 90 percent of the world output and to test for income share convergence. Design/methodology/approach – The paper uses data from the...

This paper investigates whether an Okun-type relationship between output and unemployment is taking hold in formerly planned economies as they move towards the market. Using a first-differences variant of Okun's Law, we test for its presence in 25 transition countries divided into groups of...

The main goal of this paper is to evaluate recent trends in Russian military reorganization. In this effort, we enlist the experience of the US military's transition from conscription to an all-volunteer force (AVF). We show how the US 1970s transition to market-based acquisition of labor...