| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP1376 |
| DP1376 Temporary Migration, Human Capital, and Language Fluency of Migrants | |
| Christian Dustmann | |
| 发表日期 | 1996-04-30 |
| 出版年 | 1996 |
| 语种 | 英语 |
| 摘要 | This paper adresses the issue of the optimal speed of economy-wide restructuring from a state-owned to a privately-owned economy. The analysis is led from a general equilibrium perspective, focusing on the role of endogenously generated capital accumulation. Sensitivity of the optimal speed of transition is performed with respect to preferences and technology. It is found in particular that adverse productivity shocks to the state sector, occurring early on in transition tend to create macroeconomic contraction and slow down investment and the speed of transition. Such shocks tend to accelerate transition if they occur at a later stage, however. This may shed light on the effect of adverse productivity shocks on output contraction in the early phase of transition in Central and Eastern Europe. |
| 关键词 | Eastern europe investment Restructuring Speed of transition Transitional dynamics |
| URL | https://cepr.org/publications/dp1376 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/530517 |
| 推荐引用方式 GB/T 7714 | Christian Dustmann. DP1376 Temporary Migration, Human Capital, and Language Fluency of Migrants. 1996. |
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