On the Speed of Transition in Central and Eastern Europe : Does On-the-Job Search Matter? /

This paper examines how the on-the-job search of workers in the state sector who are seeking jobs in the private sector affects private sector employment, the unemployment level, and the unemployment duration in the transition economies of Central and Eastern Europe. The main finding is that on-the-...

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Bibliografski detalji
Glavni autor: Brixiova, Zuzana
Format: Žurnal
Jezik:English
Izdano: Washington, D.C. : International Monetary Fund, 1997.
Serija:IMF Working Papers; Working Paper ; No. 1997/102
Online pristup:Full text available on IMF
Opis
Sažetak:This paper examines how the on-the-job search of workers in the state sector who are seeking jobs in the private sector affects private sector employment, the unemployment level, and the unemployment duration in the transition economies of Central and Eastern Europe. The main finding is that on-the-job searching can account for the coexistence of a quickly growing private sector and a high unemployment level of long duration. The paper also addresses the issue of the optimal (output maximizing) rate of state sector closure and finds that the rate is slower when workers are simultaneously job hunting than when they are not.
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Opis:1 online resource (22 pages)
Format:Mode of access: Internet
ISSN:1018-5941
Pristup:Electronic access restricted to authorized BRAC University faculty, staff and students