Labour market states, mobility and entrepreneurship in transition economies
AbstractThis paper examines the different strategies adopted by individuals in transition economies to cope with labour market restructuring. Using micro-data from seven countries at different stages of transition, we focus on “active” coping strategies, in particular mobility and entrepreneurship. Our results show that there is significant mobility across labour market states in most countries, but little inflow into entrepreneurship from unemployment or inactivity. Entrepreneurship is a high-reward strategy and is more significant in the advanced transition countries of central Europe, where entrepreneurs tend to be male, middle-aged, and more educated than other members of the labour force. However, in the CIS, there is little difference in the demographic profile of entrepreneurs compared to the rest of the labour force.
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Bibliographic InfoPaper provided by European Bank for Reconstruction and Development, Office of the Chief Economist in its series Working Papers with number 65.
Length: 13 pages
Date of creation: Nov 2001
Date of revision:
Publication status: Published in M. Dutz, C. Kauffmann, S. Najarian, P. Sanfey and R. Yemtsov (2004), Brazilian Journal of Business Economics, 4(2), pp. 37-49.
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mobility; entrepreneurship; transition;
Find related papers by JEL classification:
- J23 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Demand
- J6 - Labor and Demographic Economics - - Mobility, Unemployment, and Vacancies
- P2 - Economic Systems - - Socialist Systems and Transition Economies
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- Castellano, R & Punzo, G, 2012. "The role of family background in the heterogeneity of self-employment in some transition countries," MPRA Paper 39723, University Library of Munich, Germany.
- World Bank, 2004. "Serbia and Montenegro : An Agenda for Economic Growth and Employment," World Bank Other Operational Studies 14487, The World Bank.
- Demirguc-Kunt, Asli & Klapper, Leora F. & Panos, Georgios A., 2009. "Entrepreneurship in post-conflict transition : the role of informality and access to finance," Policy Research Working Paper Series 4935, The World Bank.
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