Skill Acquisition and Firm Creation in Transition Economies /

The transition from plan to market has hinged on the development of a dynamic private sector that would serve as the engine of growth and employment creation. This paper examines the link between the availability of skilled workers and the creation of new private firms. Using a dynamic search model,...

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Autor principal: Li, Wenli
Altres autors: Brixiova, Zuzana, Yousef, Tarik
Format: Revista
Idioma:English
Publicat: Washington, D.C. : International Monetary Fund, 1999.
Col·lecció:IMF Working Papers; Working Paper ; No. 1999/130
Accés en línia:Full text available on IMF
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100 1 |a Li, Wenli. 
245 1 0 |a Skill Acquisition and Firm Creation in Transition Economies /  |c Wenli Li, Zuzana Brixiova, Tarik Yousef. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 1999. 
300 |a 1 online resource (31 pages) 
490 1 |a IMF Working Papers 
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506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a The transition from plan to market has hinged on the development of a dynamic private sector that would serve as the engine of growth and employment creation. This paper examines the link between the availability of skilled workers and the creation of new private firms. Using a dynamic search model, it shows how the lack of skilled workers inhibits entrepreneurship and depresses the rate of firm creation, slowing the recovery of aggregate output and labor productivity during the transition. The paper also shows how policies designed to encourage skill acquisition by workers have a positive impact on the economy. 
538 |a Mode of access: Internet 
700 1 |a Brixiova, Zuzana. 
700 1 |a Yousef, Tarik. 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 1999/130 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/1999/130/001.1999.issue-130-en.xml  |z IMF e-Library