Differences in regional unemployment in post-communist economies are large and persistent. We show that inherited … variation in human-capital endowment across the regions of four such economies explains the bulk of regional unemployment … pattern, which helps explain the lack of convergence in regional unemployment rates, is consistent with the presence of …

This paper begins from the twin observation that on the one hand, privatization which leaves control in the hands of … restructuring even in the absence of a clear prospect of privatization. It situates enterprise restructuring at the heart of the …

Privatization is shown to increase national economic output in a two-sector full-employment general-equilibrium model …, or stabilization. The static output gain from reallocation and reorganization through privatization is captured in a …. Substitution of plausible parameter values into the formula indicates that, in practice, the static output gain from privatization …

The regional distribution of unemployment rates in the Czech Republic during the transition period is shown to be … characterised by twin peaks, i.e. a high and a low unemployment equilibrium. The emergence of strong regional disparities at the … of labour market districts of the Czech Republic between January 1992 and July 1994. When dynamics of unemployment to job …

transition and market economies. The Czech Republic's mass-privatization program provides an unique opportunity to investigate …