Optimal Technological Choices After a Structural Break: The Case of the Former Communist Economies
This article analyzes the transition observed after the fall of communism in Eastern Europe and the former Soviet Union. It uses a general equilibrium model whereby skill bias in production technology is optimally chosen. As observed in the data, the model produces significant temporary losses in ou...
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Veröffentlicht in: | Eastern European economics 2019-03, Vol.57 (2), p.178-196 |
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Format: | Artikel |
Sprache: | eng |
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