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Human Capital, Growth and Inequality in Transition Economies

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Author Info
Michael Spagat ()

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Abstract

Transition economies have an initial condition of high human capital relative to living standards. I explore the possible implications of this key fact by surveying and adapting literature on growth and inequality. I focus especially on the long run and policy options.

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File URL: http://www.wdi.umich.edu/files/Publications/WorkingPapers/wp499.pdf
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Publisher Info
Paper provided by William Davidson Institute at the University of Michigan Stephen M. Ross Business School in its series William Davidson Institute Working Papers Series with number 499.

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Length: 33 pages
Date of creation: 01 Jul 2002
Date of revision:
Handle: RePEc:wdi:papers:2002-499

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Related research
Keywords: Transition economies human capital growth inequality liquidity constraints educational reform long run

Other versions of this item:

Find related papers by JEL classification:
P2 - Economic Systems - - Socialist Systems and Transition Economies
O15 - Economic Development, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration
I2 - Health, Education, and Welfare - - Education

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References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
  1. Münich, Daniel & Svejnar, Jan & Terrell, Katherine, 1999. "Returns to Human Capital Under the Communist Wage Grid and During the Transition to a Market Economy," CEPR Discussion Papers 2332, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
    Other versions:
  2. Spagat, Michael, 2002. "Human Capital and the Future of Transition Economies," CEPR Discussion Papers 3517, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
    Other versions:
  3. Fan, Chengze Simon & Overland, Jody & Spagat, Michael, 1999. "Human Capital, Growth, and Inequality in Russia," Journal of Comparative Economics, Elsevier, vol. 27(4), pages 618-643, December. [Downloadable!] (restricted)
  4. Galor, Oded & Zeira, Joseph, 1993. "Income Distribution and Macroeconomics," Review of Economic Studies, Blackwell Publishing, vol. 60(1), pages 35-52, January. [Downloadable!] (restricted)
  5. Daniel Gros & Marc Suhrcke, 2000. "Ten Years After: What is Special about Transition Countries?," CESifo Working Paper Series CESifo Working Paper No. , CESifo GmbH. [Downloadable!]
  6. Banerjee, Abhijit V & Newman, Andrew F, 1991. "Risk-Bearing and the Theory of Income Distribution," Review of Economic Studies, Blackwell Publishing, vol. 58(2), pages 211-35, April. [Downloadable!] (restricted)
    Other versions:
  7. John Micklewright, 1999. "Education, inequality and transition," The Economics of Transition, The European Bank for Reconstruction and Development, vol. 7(2), pages 343-376, July. [Downloadable!] (restricted)
    Other versions:
  8. Alexeev, Michael & Kaganovich, Michael, 1998. "Returns to human capital under uncertain reform: Good guys finish last," Journal of Economic Behavior & Organization, Elsevier, vol. 37(1), pages 53-70, September. [Downloadable!] (restricted)
  9. UNICEF Innocenti Research Centre. MONEE project, 2001. "A Decade of Transition," Regional Monitoring Report remore01/15, UNICEF Innocenti Research Centre. [Downloadable!]
  10. Perotti, Roberto, 1993. "Political Equilibrium, Income Distribution, and Growth," Review of Economic Studies, Blackwell Publishing, vol. 60(4), pages 755-76, October. [Downloadable!] (restricted)
  11. UNICEF Innocenti Research Centre. MONEE project, 2000. "Young People in Changing Societies," Regional Monitoring Report remore00/13, UNICEF Innocenti Research Centre. [Downloadable!]
  12. Benabou, R., 1996. "Inequality and Growth," Working Papers 96-22, C.V. Starr Center for Applied Economics, New York University. [Downloadable!]
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  13. Alan B. Krueger & Mikael Lindahl, 2001. "Education for Growth: Why and for Whom?," Journal of Economic Literature, American Economic Association, vol. 39(4), pages 1101-1136, December. [Downloadable!] (restricted)
    Other versions:
  14. Deininger, Klaus & Squire, Lyn, 1998. "New ways of looking at old issues: inequality and growth," Journal of Development Economics, Elsevier, vol. 57(2), pages 259-287. [Downloadable!] (restricted)
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Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. Michael Spagat, 2001. "Human Capital and the Future of Transition Economies," Royal Holloway, University of London: Discussion Papers in Economics 01/3, Department of Economics, Royal Holloway University of London, revised Dec 2001. [Downloadable!]
    Other versions:
  2. Alexander Muravyev, 2006. "Human Capital Externalities : Evidence from the Transition Economy of Russia," Discussion Papers of DIW Berlin 629, DIW Berlin, German Institute for Economic Research. [Downloadable!]
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