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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w4736 |
来源ID | Working Paper 4736 |
On the Speed of Transition Central Europe | |
Philippe Aghion; Olivier Jean Blanchard | |
发表日期 | 1994-05-01 |
出版年 | 1994 |
语种 | 英语 |
摘要 | Transition in Central Europe is four years old. State firms which dominated the economy are struggling with market forces. A new private sector quickly emerged and has taken hold. Unemployment, which did not exist, is high and still increasing. Will this process of transition accelerate, or slow down? Will unemployment keep increasing? Can things go wrong and how? Our paper represents a first pass at answering those questions. The basic structure of the model we develop is standard, that of the transition from a low to a high productivity sector. But we pay attention to two aspects which strike us as important. The first is the interactions between unemployment and the decisions of both state and private firms. The second are the idiosyncracies which come from the central planning legacy, from the structure of control within state firms to the lack of many market institutions, which limits private sector growth. We start with a description of transition in Poland so far. We then develop a model and use it to think about the determinants of the speed of transition and the level of unemployment. Finally, we return to the role of policy and the future in Poland, as well as the causes of cross-Central European country variations. |
主题 | Macroeconomics ; Macroeconomic Models ; Development and Growth ; Development |
URL | https://www.nber.org/papers/w4736 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/562133 |
推荐引用方式 GB/T 7714 | Philippe Aghion,Olivier Jean Blanchard. On the Speed of Transition Central Europe. 1994. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w4736.pdf(2027KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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