Transition of the Hungarian Labour Market PDF Download
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Author: Károly Fazekas
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
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Author: Károly Fazekas
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
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Author: Gábor Kézdi
Publisher:
ISBN: 9789639321502
Category :
Languages : en
Pages :
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Hungary has been a front-runner in the transition to capitalism. It has also experienced exceptionally radical changes in employment and relative wages. One main feature of these changes is an enormous increase in the returns to skill. This paper argues that it is instructive to divide the process into two periods, divided by around the year 1995. The first period experienced major destruction of low-skilled jobs and large inter-sectoral reallocation, partly toward skill-intensive industries. Employment started to rebound in the second period, which has also seen a pervasive skill upgrade in all sectors. The skill premium in earnings started to grow even faster in the second stage because increasing demand for skill met a more and more inelastic supply in the short run. Long-run supply effects have been, however, strong as college enrollment rates soared. Introduction of new (foreign) capital seems to be a major factor behind increasing demand for skill. Foreign direct investment into Hungary was by far the largest among the transition countries until the late 1990's, but other Central-Eastern European countries started to catch up since. This suggests that the Hungarian experience might be helpful to predict labor market trends in other transition economies, especially those that attract significant foreign capital.
Author: Aniko Palffy
Publisher:
ISBN:
Category : Employment (Economic theory)
Languages : en
Pages : 46
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Author: Al Rainnie
Publisher: Routledge
ISBN: 1134534973
Category : Business & Economics
Languages : en
Pages : 289
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Since the late 1980s the experiences of work and employment in the former communist world have been profoundly transformed. Work, Employment and Transition brings together a series of essays by leading international scholars which highlights the varied and complex forms that work and employment restructuring are taking in the post-soviet world, and makes important theoretical contributions to our understanding of these transformations.
Author: Simon Commander
Publisher:
ISBN:
Category : Hungary
Languages : en
Pages : 52
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Author: Gyula Pulay
Publisher:
ISBN:
Category : Hungary
Languages : en
Pages : 14
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Author: Éva Ehrlich
Publisher:
ISBN:
Category : Hungary
Languages : en
Pages : 42
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Examines the effects of economic reform during the late 1980s in Hungary, with particular reference to inequalities of income, the labour market, and the pension system.
Author:
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
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Author: Gábor Kőrösi
Publisher:
ISBN:
Category :
Languages : en
Pages : 22
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Author: Holger Brauer
Publisher:
ISBN:
Category : Labor market
Languages : en
Pages : 48
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