Economic Restructuring, Unemployment, and Growth in a Transition Economy /

This paper develops a model of the process of reallocation of labor from the state sector to the private sector. When growth is exogenously determined, we show that in the initial stages of transition unemployment will rise over time. After a critical stage in the transition process, restructuring i...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Krajnyak, Kornelia
Weitere Verfasser: Chadha, Bankim, Coricelli, Fabrizio
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 1993.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 1993/016
Online Zugang:Full text available on IMF