institutional shocks from transition to a market economy, or is it the result of high labour market rigidities, or rather a syndrome … hypothesis holds 15 years after transition has started, we analyze the unemploymentgrowth dynamics in the eight new member … results suggest to declare the transition of labour markets as completed; unemployment responds to output and not to a …

, particularly in light of price liberalization on most goods and services as part of the transition away from a command economy …

We summarize the empirical literature on regional labour market development in transition. This literature suggests … that transition has been associated with increased regional disparities and there is some indication of polarisation … migration, wage flexibility and capital mobility. Migration is lower in most transition economies than in the EU and capital …

transition to a market economy. We do not find the same pattern in Hungary, which we attribute to its earlier timing of … transition. We construct an aggregate model in which labor reallocates in response to changing demand structure. When calibrated …

. Empirical analysis shows direct impact of FDI on employment creation/preservation in Polish manufacturing during transition. In …