This paper looks at the behavior of large industrial firms in Poland in 1988-1994. Using a longitudinal enterprise level data set, we are able to systematically test various hypotheses concerning firms' reactions to the change in their environments. The results confirm a structural break after...

This paper proposes an explanation of the puzzling coexistence of elements of inertia and dynamism on the Russian labour market using a segmentation model. Risk adverse workers are differentiated according to their productivity. They face a trade-off between wages and access to social services...