Labor Market Institutions and Unemployment Dynamics in Transition Economies /

This paper studies interactions between labor market institutions and unemployment dynamics in transition economies. It presents a dynamic matching model in which state sector firms endogenously shed labor and private job creation takes time. Two main conclusions arises. First, higher unemployment b...

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Bibliographic Details
Main Author: Garibaldi, Pietro
Other Authors: Brixiova, Zuzana
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 1997.
Series:IMF Working Papers; Working Paper ; No. 1997/137
Online Access:Full text available on IMF