Unemployment and the social safety net during transitions to a market economy: evidence from the Czech and Slovak Republics
Article Abstract:
Research was conducted to compare the short unemployment spells in the Czech Republic with those of the long unemployment periods in Slovakia and other East and Central European economies. Data were taken from a stratified random sample of 3,000 Slovak and 3,000 Czech men and women who were unemployed from Oct 1, 1991 to Mar 31, 1992. Results suggest that the differences in the enforcement of the unemployment compensation system in the Czech Republic and Slovakia may have contributed to the differences in their hazard coefficients.
Publication Name: American Economic Review
Subject: Economics
ISSN: 0002-8282
Year: 1998
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The transition at mid decade
Article Abstract:
The economic reforms experienced by the former Soviet Union and Eastern European countries are characterized by four basic reform measures. These include structural adjustment, financial stabilization, systemic transformation and the development of a framework to foster economic development. Almost all of the countries in the Eastern bloc experienced financial crisis and political problems in implementing said reforms due to the industrialized nature of their economy.
Publication Name: American Economic Review
Subject: Economics
ISSN: 0002-8282
Year: 1996
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The devolution of the Nordic and Teutonic economies
Article Abstract:
Sweden exhibited outstanding economic performance after World War II as it recorded positive growth rates and eliminated poverty with its welfare state. However, the country was also experiencing a decline during the same period, which reflected in negative growth rates in the 1970s and 1980s. The shift from positive to negative policy outcomes is explained in terms of a devolution of economic institutions as a response to incentive changes.
Publication Name: American Economic Review
Subject: Economics
ISSN: 0002-8282
Year: 1995
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