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increasing unhappiness which accompanied the transition process, including deteriorating public goods, rising inequality, income …
Persistent link: https://www.econbiz.de/10011387030
It has been shown that higher levels of subjective well-being lead to greater work productivity, better physical health and enhanced social skills. Because of these positive externalities, policymakers across the world should be interested in attracting and retaining happy and life-satisfied...
Persistent link: https://www.econbiz.de/10010515268
Even though informal employment is wide-spread in transition economies the literature on this phenomenon in the region is rather scarce. For policy makers it is important to know the incidence and the determinants of informal employment. In the first part of the paper we demonstrate that its...
Persistent link: https://www.econbiz.de/10010457410
We use rich firm-level data and national input-output tables from 17 countries over the 2002-2005 period to test new and existing hypotheses about the impact of foreign direct investment (FDI) on the efficiency of domestic firms in the host country (i.e., spillovers). We document that backward...
Persistent link: https://www.econbiz.de/10010227718
This paper examines the link between inequality and individual well-being using household survey data from 27 … Transition Economies, where income inequality increased considerably since 1989. A test of inequality aversion in individual … preferences that draws on the Fehr and Schmidt (QJE, 1999) specification of inequality aversion is proposed, and the difficulties …
Persistent link: https://www.econbiz.de/10009370128
Using the currency demand and DYMIMIC approaches estimates are presented about the size of the shadow economy in 22 Transition and 21 OECD countries. Over 2001/2002 in 21 OECD countries is the average size of the shadow economy (in percent of official GDP) 16.7% of "official" GDP and of 22...
Persistent link: https://www.econbiz.de/10011411840
This paper uses data from the Russian Longitudinal Monitoring Survey to describe and model the determinants of interhousehold transfers. Russian households have experienced large reductions in income during the post-Soviet transition period, with a particularly severe decline occurring in the...
Persistent link: https://www.econbiz.de/10011413334
Small start-up firms are the engine of job creation in early transition and yet little is known about the characteristics of this new sector. We seek to identify patterns of job growth in this sector in terms of niches left from central planning and ask about differences in job creation across...
Persistent link: https://www.econbiz.de/10011413646
We examine the effect of joining the European Union on individual life satisfaction in Bulgaria and Romania in the context of the 2007 EU enlargement. Although EU membership is among the most important events in Bulgaria and Romania's modern histories, there is no evidence on how it affected the...
Persistent link: https://www.econbiz.de/10011449769
In the past twenty years the ever-growing levels of migrants' remittances made state agencies, international organizations, scholars and practitioners to increasingly consider remittances as one of the main engines to promote globalization and growth in the developing world. By transferring home...
Persistent link: https://www.econbiz.de/10011388130