Title Labor Market Performance in Transition : the Experience of Central and Eastern European Countries / Ihara, Miho

Edition 1 ed Published Washington, D.C. : International Monetary Fund, 2006

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Description 1 online resource (92 pages) Series Occasional paper / International Monetary Fund ; 248 Occasional paper (International Monetary Fund) ; 248. Contents Overview -- Labor market developments in transition: the stylized facts -- Labor markets in transition: an econometric analysis -- Understanding persistent regional disparities in unemployment -- Policy lessons: reducing unemployment in transition Summary More than a decade after the start of the transition process, unemployment rates remain in the double digits in a number of Central and Eastern European countries. That unemployment rates have failed to decline, even in countries experiencing good growth, is puzzling. In this paper the authors examine three interrelated questions: How has the transition from central planning to market economies affected labor market performance? How have labor market institutions and policies influenced developments? Why have regional differences in unemployment persisted? The authors take an eclectic methodological approach: construction of a new data set and a simple analytical model; econometric estimation; and case studies. They find that faster-performing countries have better unemployment records; that labor market policies have some, but not dominant, influence over labor market outcomes; that policies not typically viewed as labor market policies can nevertheless significantly affect labor markets; and that market processes cannot be relied on to eliminate regional differences in unemployment Bibliography Includes bibliographical references (p. 77-80) Notes English Print version record Subject Business & Economics. Labor & Workers' Economics. SUBJECT Europe. http://id.loc.gov/authorities/subjects/sh85045631 Subject Europe. Form Electronic book Author Egoumé-Bossogo, Philippe Ihara, Miho Konuki, Tetsuya Krajnyák, Kornélia Schiff, Jerald Alan LC no. 2006299180 ISBN 1451953992 9781451953992 1589064690 9781589064690

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