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Labour Demand During Transition in Hungary

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  • Gabor Korosi

Abstract

Transition from socialist to market economy brought drastic changes on the Hungarian labour market. Employment fell by 1.6m, i.e., by more than 25% during the past decade, while unemployment jumped from practically nil to over 14% within four years. This paper describes the changes in corporate labour demand resulting in this drop in aggregate employment, and gives an empirical analysis of the corporate labour demand during the transition period, based on a panel of medium-sized and large Hungarian firms.

Suggested Citation

  • Gabor Korosi, 1998. "Labour Demand During Transition in Hungary," William Davidson Institute Working Papers Series 116, William Davidson Institute at the University of Michigan.
  • Handle: RePEc:wdi:papers:1998-116
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    File URL: http://deepblue.lib.umich.edu/bitstream/2027.42/39506/3/wp116.pdf
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    References listed on IDEAS

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    Citations

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    Cited by:

    1. Polona Domadenik & Janez Pra??nikar & Jan Svejnar, 2003. "Defensive and Strategic Restructuring of Firms during the Transition to a Market Economy," William Davidson Institute Working Papers Series 541, William Davidson Institute at the University of Michigan.
    2. Rizov, Marian, 2005. "Pull and push: individual farming in Hungary," Food Policy, Elsevier, vol. 30(1), pages 43-62, February.
    3. Svejnar, Jan, 1999. "Labor markets in the transitional Central and East European economies," Handbook of Labor Economics,in: O. Ashenfelter & D. Card (ed.), Handbook of Labor Economics, edition 1, volume 3, chapter 42, pages 2809-2857 Elsevier.

    More about this item

    Keywords

    labour demand; firm in transition economy;

    JEL classification:

    • J23 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Demand
    • D21 - Microeconomics - - Production and Organizations - - - Firm Behavior: Theory
    • C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data; Spatio-temporal Models

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