In the early days of transition Poland hosted regional earning disparities. Low levels of worker and firm mobility allow us to threat regions as local labor markets. Wage behavior is modeled in regional labor markets as an outcome of the speed of transition examining employment restructuring in...

We model job reallocation and unemployment as outcomes jointly determined by the structure of inherited social capital within a two-sector Optimal Speed of Transition model. Treating regions of Poland as independent labour markets, the socio-economic inheritance of regions is found to be a...

Many theoretical models of transition are driven by the assumption that economic decision making is subject to political constraints. In this paper we test whether the 'winners' and 'losers' of economic reform influenced voting behaviour in the first five national elections in the Czech...

Most post-communist economies are characterized by an initial collapse in aggregate output. Blanchard and Kremer (1997) and Roland and Verdier (1997) have recently modelled supply-side distortions--disorganization in the links of production--that can lead to a short-term output contraction after...