This setting lets you change the way you view articles. You can choose to have articles open in a dialog window, a new tab, or directly in the same window.
Open in Dialog
Open in New Tab
Open in same window
Open in New Tab
Open in same window
Journal of Economic Perspectives: Vol. 16 No. 1 (Winter 2002)
JEP Volume. 16, Issue 1 | 
Previous ArticleNext Article
Sign up for Email Alerts Follow us on Twitter
Full-text Article (Complimentary)
View Comments on This Article (0) | Login to post a comment
Previous ArticleNext Article
Expand
Quick Tools:
Print Article Summary Email Link to this Article Export CitationSign up for Email Alerts Follow us on Twitter
Explore:
Institutional Determinants of Labor Reallocation in Transition
Article Citation
Boeri, Tito, and
Katherine Terrell. 2002. "Institutional Determinants of Labor Reallocation in Transition."
The Journal of Economic Perspectives,
16(1): 51-76.
DOI: 10.1257/0895330027111
DOI: 10.1257/0895330027111
Abstract
The transition process differed in the countries of the Former Soviet Union (FSU) and those of Central and Eastern Europe (CEE) in terms of reallocation of labor real wage, employment and output adjustment. We sift through the theoretical and empirical literature to find an explanation for these diverging adjustment trajectories and conclude that they can be explained by the fact that the CEE countries adopted social policies that upheld wages at the bottom of the distribution forcing the old sector to restructure or collapse while the FSU countries allowed wages to free-fall not forcing the hand of the old sector.
Article Full-Text Access
Full-text Article (Complimentary)
Authors
Boeri, Tito (IGIER-Bocconi, Milan, Italy, Center for Economic Policy Research, London, United Kingdom, William Davidson Institute, Ann Arbor, Michigan and Fondazione Rodolfo, Debenedetti,)
Terrell, Katherine (Business School and the Ford School of Public Policy at the University of Michigan, and William Davidson Institute, Ann Arbor, Michigan, and Centre for Economic)
Terrell, Katherine (Business School and the Ford School of Public Policy at the University of Michigan, and William Davidson Institute, Ann Arbor, Michigan, and Centre for Economic)
Comments
View Comments on This Article (0) | Login to post a comment
