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Central and East European Labour Markets in Transition: Developments, Causes, and Cures

  • Franz, Wolfgang

The main questions addressed in this paper are: First, how did labour markets in the Visegrad countries react to the breakdown of a command economy and the transformation to a market economy? Second, which way ahead is likely, or to put it differently, what should be done now to improve conditions in the labour market in these countries? A comprehensive survey of labour market developments in each country under consideration is offered at some length. Special emphasis is then put on the dynamics of employment and unemployment in order to identify key issues for the sources of the malfunctioning of these labour markets. The paper then looks at the wage formation process including institutional settings and income policies, active and passive labour market policies, and the structure of employment and output.

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Paper provided by C.E.P.R. Discussion Papers in its series CEPR Discussion Papers with number 1132.

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Date of creation: Feb 1995
Date of revision:
Handle: RePEc:cpr:ceprdp:1132
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  1. Portes, Richard, 1994. "Transformation Traps," Economic Journal, Royal Economic Society, vol. 104(426), pages 1178-89, September.
  2. Layard, Richard & Nickell, Stephen & Jackman, Richard, 1991. "Unemployment: Macroeconomic Performance and the Labour Market," OUP Catalogue, Oxford University Press, number 9780198284345, July.
  3. Bound, John & Johnson, George, 1992. "Changes in the Structure of Wages in the 1980's: An Evaluation of Alternative Explanations," American Economic Review, American Economic Association, vol. 82(3), pages 371-92, June.
  4. Atkinson, Anthony B & Micklewright, John, 1991. "Unemployment Compensation and Labor Market Transitions: A Critical Review," Journal of Economic Literature, American Economic Association, vol. 29(4), pages 1679-1727, December.
  5. Szekely,Istvan & Newbery,David M. G., 2008. "Hungary: An Economy in Transition," Cambridge Books, Cambridge University Press, number 9780521057547.
  6. Welfe, Aleksander, 1996. " The Price-Wage Inflationary Spiral in Poland," Economic Change and Restructuring, Springer, vol. 29(1), pages 33-50.
  7. Tito Boeri, 1994. ""Transitional" unemployment," The Economics of Transition, The European Bank for Reconstruction and Development, vol. 2(1), pages 1-25, 03.
  8. Blanchard, Olivier Jean, 1994. "Transition in Poland," Economic Journal, Royal Economic Society, vol. 104(426), pages 1169-77, September.
  9. Funke, Norbert, 1993. "Timing and sequencing of reforms: Competing views," Kiel Working Papers 552, Kiel Institute for the World Economy.
  10. Malinvaud,Edmond, 1994. "Diagnosing Unemployment," Cambridge Books, Cambridge University Press, number 9780521445337.
  11. Welfe, Aleksander, 1994. "The price-wage inflationary spiral: The mixed economic case," Discussion Papers 13, University of Konstanz, Center for International Labor Economics (CILE).
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