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Persistent link: https://www.econbiz.de/10009561525
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Entwicklung fruchtbar machen. Zugleich betonen sie eine vermeintliche Dualität von Planung und Protest, die in der neueren … zwar immer stärker als 'Normalität' aufgefasst werden und antagonistische Partizipation trotz zunehmender … emphasise a supposed duality of planning and protest, which is questioned in recent protest and movement theory. Building on a …
Persistent link: https://www.econbiz.de/10014442547
Entwicklung fruchtbar machen. Zugleich betonen sie eine vermeintliche Dualität von Planung und Protest, die in der neueren … zwar immer stärker als „Normalität“ aufgefasst werden und antagonistische Partizipation trotz zunehmender … emphasise a supposed duality of planning and protest, which is questioned in recent protest and movement theory. Building on a …
Persistent link: https://www.econbiz.de/10014434793
In this paper we derive the correct solution of optimal closure of the state sector studied in Section 6.4 of Aghion and Blanchard (1994). Aghion and Blanchard only present an 'approximate' solution which entails a constant unemployment rate in what they call a turnpike approximation. We show...
Persistent link: https://www.econbiz.de/10010293747
The economics of the Croatian war differ considerably from what is often thought of as typical features of a war economy. Most strikingly, while wars are often perceived as generating a tendency towards repressed inflation and a command economy the Croatian economy actually moved in the opposite...
Persistent link: https://www.econbiz.de/10010296600
We present a new and simple empirical methodology to identify relative wage rigidity dynamics. The methodology is applied to data from the Polish Labour Force Survey for the period 1994 to 1998. We estimate ceteris paribus changes in relative wage and unemployment differentials for various...
Persistent link: https://www.econbiz.de/10010297721
The quality of institutions is considerable worse in Central Asia than in other transition countries. Based on a panel of 25 transition countries for the period from 1996 to 2005, this paper shows that oil and aid exert a negative influence on institutional development. At the same time,...
Persistent link: https://www.econbiz.de/10010299507
The paper addresses and summarizes the role of unemployment in the transformation process from an economic system with a dominant state sector to a system with a dominant private sector. After reviewing the basic facts and some of the main explanations why unemployment is high during transition...
Persistent link: https://www.econbiz.de/10010301337
One of the main disadvantages of currency boards is the rule-based character of this system and the resulting inflexibility in case of shocks, a frequently recurring event in transition countries. Accordingly, central banks under currency board arrangements (CBA) are unable to respond to...
Persistent link: https://www.econbiz.de/10010305746