We extend the benchmark model of Aghion and Blanchard (1994) assuming two segments of the emerging private sector that differ in workers' productivity. We look at the paths of employment, wages, taxes, labor costs and profits during and after the transition, up until the shock is fully absorbed....

The paper investigates exit probabilities of registered unemployed to active labour market programmes using administrative records from the unemployment register of the Hungarian National Labour Centre. We estimate parametric duration models that summarise variation in exit probabilities with...

Analyses of the Hungarian employment situation are almost always concerned only with the change in the number of the employed, unemployed and inactive, not paying particular attention to the flows between these states. This paper discusses a method of calculating labour market flows in a...

Measuring non-cognitive skills in evaluations of education policy interventions is an increasingly important task. At the same time, choosing the adequate measures is difficult. Contrary to cognitive development, there is a shortage of reliable and valid measures of personality and behavioral...

This paper aims at estimating the effect of the kindergarten allowance program (a conditional cash transfer program organized by the government) introduced in Hungary in January 2009. We use institutional kindergarten data and municipality-level demographic data spanning ten years (2001 through...

The goal of this study is to find the model that best describes the trends in labor demand using international industry level longitudinal data. Our starting point is Kézdi et al. (2006), who uses a fixed-effect model to project labor demand. We take their model and compare it with several...