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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Bibliographic Details
Main Author: Brixiova, Zuzana
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 1997
Series:IMF Working Papers
Subjects:
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
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245 0 0 |a On the Speed of Transition in Central and Eastern Europe  |b Does On-the-Job Search Matter?  |c Zuzana Brixiova 
260 |a Washington, D.C.  |b International Monetary Fund  |c 1997 
300 |a 22 pages 
651 4 |a Czech Republic 
653 |a Public sector 
653 |a Intergenerational Income Distribution 
653 |a Economic theory 
653 |a Unemployment: Models, Duration, Incidence, and Job Search 
653 |a Finance, Public 
653 |a Labour 
653 |a Civil service & public sector 
653 |a Aggregate Labor Productivity 
653 |a Public-Private Enterprises 
653 |a Labor economics 
653 |a Employment 
653 |a Income economics 
653 |a Labor Economics: General 
653 |a Public Enterprises 
653 |a Comparative Economic Systems: General 
653 |a Aggregate Human Capital 
653 |a Economic sectors 
653 |a Labor 
653 |a Macroeconomics 
653 |a Unemployment 
653 |a Unemployment rate 
653 |a Wages 
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520 |a 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