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Since independence in 1991, Uzbekistan has pursued a gradual approach to the transition from planned to market economy …
Persistent link: https://www.econbiz.de/10004965107
We summarize the empirical literature on regional labour market development in transition. This literature suggests … that transition has been associated with increased regional disparities and there is some indication of polarisation … migration, wage flexibility and capital mobility. Migration is lower in most transition economies than in the EU and capital …
Persistent link: https://www.econbiz.de/10004965115
transition. These firms were selected for listing on the exchange and presumably had better access to external capital. In …
Persistent link: https://www.econbiz.de/10005791387
market performances in the eight transition countries that became EU members in May 2004 (8-CEECs). The consideration of a …. The main empirical finding is that, while transition countries – in particular the eight CEECs – are converging, with a …
Persistent link: https://www.econbiz.de/10010693135
adjustments have become more sensitive to adjustment costs during the transition, but worker and manager ownership are associated …
Persistent link: https://www.econbiz.de/10005703495
We present a model of wage contract violation that implies a possibility of multiple equilibria in the level of arrears. Positive feedback arises because each employer's arrears affect the costs of late payment faced by other employers operating in the same labor market, resulting in a network...
Persistent link: https://www.econbiz.de/10005822557
aggregate productivity growth during the socialist and reform periods in six transition economies. Modifying a standard … observed in market economies. Early in transition, faster reform is associated with larger contributions from reallocation, but … later, and on average over the whole transition, this relationship is reversed. Though reallocation rates are larger in …
Persistent link: https://www.econbiz.de/10005822646
In January 2001 the Hungarian government increased the minimum wage from Ft 25,500 to Ft 40,000. One year later the wage floor rose further to Ft 50,000. The paper looks at the short-run impact of the first hike on small-firm employment and flows between employment and unemployment. It finds...
Persistent link: https://www.econbiz.de/10005822902
How do economic policies and institutions affect job reallocation processes and their consequences for productivity growth? This paper studies the extreme case of economic system change and alternative transitional policies in the former Soviet Republics of Russia and Ukraine. Exploiting annual...
Persistent link: https://www.econbiz.de/10005763506
We examine the earnings determinants of the self-employed and wage earners in Hungary in the mid-1990's, taking into account two forms of selection: selection into working or non-working for every individual in our sample and selection into self-employment or wage-earning jobs for workers only....
Persistent link: https://www.econbiz.de/10005800391