This paper studies interactions between labor market institutions and unemployment dynamics in transition economies. It presents a dynamic matching model in whi
This paper examines the role of the labor market in the transmission process of adjustment policies in developing countries. It begins by reviewing the recent e
More than a decade after the start of the transition process, unemployment rates remain in the double digits in a number of Central and Eastern European countri
The emergence of open unemployment is an unavoidable consequence of postcommunist transition. Some countries-notably in the former Soviet Union-initially slowed