Worker-Firm Matching and Unemployment in Transition to a Market Economy: (Why) Were the Czechs More Successful than Others?
AbstractUsing panel district level data from the Czech and Slovak Republic in the 1990s, we find that the exceptionally low unemployment rate in the Czech Republic as compared to Slovakia and the other CEE economies has been brought about principally by the following phenomena in the Czech Republic: (1) a rapid increase in vacancies along with unemployment, resulting in a relatively balanced unemployment-vacancy situation at the aggregate as well as district level, (2) a major part played by vacancies and the newly unemployed in the outflow from unemployment, (3) a matching process with strongly increasing returns to scale throughout (rather than only in parts of) the transition period, and (4) ability to keep the long term unemployed at relatively low levels. Since until 1996 the Czech economy registered overall economic growth that was similar to that of the neighboring high unemployment economies (e.g., Hungary, Poland and Slovakia), the interesting question, to be addressed in future research, is whether the Czech Republic's favorable vacancy situation, coupled with its strong matching process, was brought about by a relatively high level of initial economic activity (better initial conditions) or a relatively delayed restructuring of firms.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by William Davidson Institute at the University of Michigan in its series William Davidson Institute Working Papers Series with number 107.
Date of creation: 01 Jan 1998
Date of revision:
Contact details of provider:
Postal: 724 E. University Ave, Wyly Hall 1st Flr, Ann Arbor MI 48109
Phone: 734 763-5020
Fax: 734 763 5850
Web page: http://www.wdi.umich.edu
More information through EDIRC
Other versions of this item:
- Daniel Munich & Jan Svejnar & Katherine Terrell, 1999. "Worker-firm Matching and Unemployment in Transition to a Market Economy: (Why) Are the Czechs More Successful than Others?," CERGE-EI Working Papers wp141, The Center for Economic Research and Graduate Education - Economic Institute, Prague.
- P2 - Economic Systems - - Socialist Systems and Transition Economies
- J4 - Labor and Demographic Economics - - Particular Labor Markets
- J6 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers
- C33 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Models with Panel Data; Spatio-temporal Models
This paper has been announced in the following NEP Reports:
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
- Kenjiro Hori, 2005. "Job Matching with Multiple-Hiring Firms and Heterogeneous Workers: A Microfoundation," Birkbeck Working Papers in Economics and Finance 0514, Birkbeck, Department of Economics, Mathematics & Statistics.
- Aki Kangasharju & Jaakko Pehkonen & Sari Pekkala, 2003. "Matching in thin labour markets: panel data evidence from Finland, 1991-2002," ERSA conference papers ersa03p208, European Regional Science Association.
- Jeruzalski, Tomasz & Tyrowicz, Joanna, 2009.
"(In)Efficiency of Matching - The Case of A Post-transition Economy,"
16598, University Library of Munich, Germany.
- Joanna Tyrowicz & Tomasz Jeruzalski, 2013. "(In)Efficiency of matching: the case of a post-transition economy," Economic Change and Restructuring, Springer, vol. 46(2), pages 255-275, May.
- Tomasz Jeruzalski & Joanna Tyrowicz, 2009. "(In)Efficiency of Matching - the Case of a Post-transition Economy," Working Papers 2009-10, Faculty of Economic Sciences, University of Warsaw.
- Jekaterina Dmitrijeva, 2008. "Matching and Labour Market Efficiency across Space and through EU accession: Evidence from Latvia, Estonia and Slovenia," Documents de recherche 08-05, Centre d'Études des Politiques Économiques (EPEE), Université d'Evry Val d'Essonne.
- Joanna Tyrowicz & Piotr Wojcik, 2010.
"Active Labour Market Policies and Unemployment Convergence in Transition,"
Review of Economic Analysis,
Rimini Centre for Economic Analysis, vol. 2(1), pages 46-72, January.
- Tyrowicz, Joanna & Wójcik, Piotr, 2009. "Active Labour Market Policies and Unemployment Convergence in Transition," MPRA Paper 15201, University Library of Munich, Germany.
- Tito Boeri & Katherine Terrell, 2001.
"Institutional Determinants of Labor Reallocation in Transition,"
William Davidson Institute Working Papers Series
384, William Davidson Institute at the University of Michigan.
- Tito Boeri & Katherine Terrell, 2002. "Institutional Determinants of Labor Reallocation in Transition," Journal of Economic Perspectives, American Economic Association, vol. 16(1), pages 51-76, Winter.
- Jekaterina Dmitrijeva & Mihails Hazans, 2005.
"A stock-flow matching approach to evaluation of public training program in a high unemployment environment,"
Labor and Demography
- Jekaterina Dmitrijeva & Mihails Hazans, 2007. "A Stock-Flow Matching Approach to Evaluation of Public Training Programme in a High Unemployment Environment," LABOUR, CEIS, vol. 21(3), pages 503-540, 09.
- Kamil Galušèák & Daniel Münich, 2007. "Structural and Cyclical Unemployment: What Can Be Derived from the Matching Function? (in English)," Czech Journal of Economics and Finance (Finance a uver), Charles University Prague, Faculty of Social Sciences, vol. 57(3-4), pages 102-125, June.
- Gerard Rpland, 2001. "The Political Economy of Transition," William Davidson Institute Working Papers Series 413, William Davidson Institute at the University of Michigan.
- Aki Kangasharju & Jaakko Pehkonen & Sari Pekkala, 2005. "Returns to scale in a matching model: evidence from disaggregated panel data," Applied Economics, Taylor & Francis Journals, vol. 37(1), pages 115-118.
- Jan Babecky & Kamil Galuscak & Lubomir Lizal, 2012.
"Firm-Level Labour Demand: Adjustment in Good Times and During the Crisis,"
CERGE-EI Working Papers
wp468, The Center for Economic Research and Graduate Education - Economic Institute, Prague.
- Jan Babecky & Kamil Galuscak & Lubomir Lizal, 2011. "Firm-Level Labour Demand: Adjustment in Good Times and During the Crisis," Working Papers 2011/15, Czech National Bank, Research Department.
- Kamil Galuscak & Daniel Munich, 2005. "Structural and Cyclical Unemployment: What Can We Derive from the Matching Function?," Working Papers 2005/02, Czech National Bank, Research Department.
- Tito Boeri, 1999.
"Transition with Labour Supply,"
William Davidson Institute Working Papers Series
274, William Davidson Institute at the University of Michigan.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Laurie Gendron).
If references are entirely missing, you can add them using this form.