We analyze comprehensive manufacturing firm data to measure the contribution of inter-firm employment reallocation to aggregate productivity growth during the socialist and reform periods in six transition economies. Modifying a standard decomposition technique to better reflect the role of firm...

This paper analyses the relationship between accounting data and market price returns in the stock markets of Lithuania, Latvia and Estonia. Given the different informational environment and accounting practices from those of developed markets, and relatively thinly traded Baltic stocks, the...