Chapitre VII. Adjustment Costs in Labor Demand : A Comparison between France and the Czech Republic

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22 mai 2013

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OpenEdition Books

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https://www.openedition.org/12554 , info:eu-repo/semantics/openAccess




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Claude Mathieu et al., « Chapitre VII. Adjustment Costs in Labor Demand : A Comparison between France and the Czech Republic », Presses universitaires François-Rabelais, ID : 10.4000/books.pufr.1602


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INTRODUCTION Since the collapse of the Soviet economic system, an important literature has been devoted to the process of transition of central and eastern European countries toward a market economy. One of the main conclusions that can be drawn from this literature is that the transition process to a market economy requires large reallocation of workers from noncompetitive industries to competitive ones. This reallocation has substantial social costs as they generally induce a high level of ...

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