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150128 ||| eng |
020 |
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|a 9781451843323
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100 |
1 |
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|a Krajnyak, Kornelia
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245 |
0 |
0 |
|a Economic Restructuring, Unemployment, and Growth in a Transition Economy
|c Kornelia Krajnyak, Bankim Chadha, Fabrizio Coricelli
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260 |
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|a Washington, D.C.
|b International Monetary Fund
|c 1993
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300 |
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|a 49 pages
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651 |
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4 |
|a Slovak Republic
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653 |
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|a Employment
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653 |
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|a Macroeconomics
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653 |
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|a Aggregate Labor Productivity
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653 |
|
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|a Civil service & public sector
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653 |
|
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|a Economic theory
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653 |
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|a Public sector
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653 |
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|a Human capital
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653 |
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|a Skills
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653 |
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|a Economic sectors
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653 |
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|a Finance, Public
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653 |
|
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|a Wages
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653 |
|
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|a Labour
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653 |
|
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|a Labor Productivity
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653 |
|
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|a Occupational Choice
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653 |
|
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|a Intergenerational Income Distribution
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653 |
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|a Labor
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653 |
|
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|a Unemployment
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653 |
|
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|a Socialist Systems and Transitional Economies: General
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653 |
|
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|a Public-Private Enterprises
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653 |
|
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|a Aggregate Human Capital
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653 |
|
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|a Human Capital
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653 |
|
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|a Public Enterprises
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653 |
|
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|a Unemployment: Models, Duration, Incidence, and Job Search
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653 |
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|a Unemployment rate
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653 |
|
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|a Income economics
|
700 |
1 |
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|a Chadha, Bankim
|
700 |
1 |
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|a Coricelli, Fabrizio
|
041 |
0 |
7 |
|a eng
|2 ISO 639-2
|
989 |
|
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|b IMF
|a International Monetary Fund
|
490 |
0 |
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|a IMF Working Papers
|
028 |
5 |
0 |
|a 10.5089/9781451843323.001
|
856 |
4 |
0 |
|u https://elibrary.imf.org/view/journals/001/1993/016/001.1993.issue-016-en.xml?cid=727-com-dsp-marc
|x Verlag
|3 Volltext
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082 |
0 |
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|a 330
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520 |
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|a 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 is accompanied by a decline in unemployment. When growth is endogenously determined, and human capital is acquired by learning-by-doing, we show that whether restructuring eventually occurs is determined by the level of human capital in the private sector and the rate of unemployment. The effects of various shocks and government policies in affecting the costs, speed, and eventual outcome of restructuring are analyzed
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