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...

J31, P2 </AbstractSection> Copyright Banerjee; licensee Springer. 2014

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

This paper finds that regional disparities have widened in Slovakia since 2000. Notwithstanding σ-divergence in the levels, there was conditional β-convergence in the growth rates of GDP per capita and labor productivity. Improvements in total factor productivity, mostly due to within-sector...