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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 …
Persistent link: https://www.econbiz.de/10010271945
Persistent link: https://www.econbiz.de/10005406650
Persistently sizeable unemployment attracts interest to active labor market policy as an instrument to reduce unemployment. Moreover, sustainable economic growth requires an effective re-training system, a part of which is usually associated with state employment offices’ programs. Little is...
Persistent link: https://www.econbiz.de/10005146498
Using individual-level data on registered unemployed collected by the Federal Employment Service in Voronezh province of Russia (1996-2000), we test some basic hypotheses on the influence of individual attributes (gender and education, in particular), working history, the specifics of the...
Persistent link: https://www.econbiz.de/10005146503
Does migration serve as an effective channel of regional adjustment to idiosyncratic shocks in transition economies? If … flows on the other. Yet, the evidence from transition economies indicates that the efficacy of migration in reducing inter … wages on net migration flows is economically insignificant and the overall level of migration has fallen during transition. …
Persistent link: https://www.econbiz.de/10010301172
During transition, maintaining employment and providing a social safety net for the unemployed are important to social …
Persistent link: https://www.econbiz.de/10005504537
The adjustment of labour markets during transition has been quite different from that anticipated by the Optimal Speed … of Transition (OST) literature. In particular, it has involved stagnant unemployment pools, large flows to inactivity and … the alternative between a big-bang strategy and a gradual transition process. This amounts to assuming that governments …
Persistent link: https://www.econbiz.de/10005498036
We analyze with panel SVECM the impact of real wage, productivity, labor demand and supply shocks on the eight CEE economies during 1996-2007. We use a set of long-run restrictions, derived from the DSGE model with explicitly modeled labor market, to identify these structural shocks....
Persistent link: https://www.econbiz.de/10011171794
Persistent link: https://www.econbiz.de/10004990390
, migration flows have actually been declining in the course of transition, even as inter-regional disparities have been rising. …
Persistent link: https://www.econbiz.de/10005207890