Four papers analyze the process of transition to a market economy in the Baltics, the Czech Republic, Hungary, and Russia through early 1995.

Firm-level employment changes were associated with simultaneous high rates of gross job creation, destruction, and reallocation. These job flows primarily reflected persistent firm-level employment changes. There was considerable variation in job flow rates across sectors. Sectors that created...

This paper reviews cross-country studies on banking efficiency in new European Union (EU) member states that apply frontier techniques. The paper examines the relative rankings in efficiency of individual countries across the studies and the effect of ownership structure on bank performance....

Probabilistic migration models assume that informal sector employment serves a transitory role for migrants seeking formal sector jobs, but direct evidence on job search from informal sector employment is scarce. Based on survey data on 1600 migrants in Delhi, this paper is the first attempt to...