Returns to Mobility in the Transition to a Market Economy

Tito Boeri, Christopher Flinn

    Research output: Contribution to journalArticle

    Abstract

    In spite of ongoing dramatic changes in labor market structure, transitional economies display low worker flows across sectors and occupations. Using data from the Polish Labor Force Survey, we develop and estimate an econometric model that enables us to isolate the effects of dismissal and job offer arrival rates and wage offer distributions on observed transition probabilities and wage payments. Our findings suggest that low mobility can be explained by the relatively insignificant monetary returns to job changes as well as by market segmentation in the allocation of job offers. Using the estimated model, we infer that reductions in the generosity of unemployment benefits will not significantly boost outflows from the unemployed state.J. Comp. Econom.,March 1999, 27(1), pp. 4-32. CEPR and Università Bocconi, IGIER via Salasco 5, 20136 Milan, Italy; and New York University, 269 Mercer Street, New York, New York 10003.

    Original languageEnglish (US)
    Pages (from-to)4-32
    Number of pages29
    JournalJournal of Comparative Economics
    Volume27
    Issue number1
    DOIs
    StatePublished - Mar 1999

    Fingerprint

    Market economy
    Wages
    Job change
    Econometric models
    Italy
    Unemployment benefits
    Generosity
    Payment
    Worker flows
    Labor force
    Market segmentation
    Market structure
    Labour market
    Transition probability
    Transitional economies

    ASJC Scopus subject areas

    • Economics and Econometrics

    Cite this

    Returns to Mobility in the Transition to a Market Economy. / Boeri, Tito; Flinn, Christopher.

    In: Journal of Comparative Economics, Vol. 27, No. 1, 03.1999, p. 4-32.

    Research output: Contribution to journalArticle

    Boeri, Tito ; Flinn, Christopher. / Returns to Mobility in the Transition to a Market Economy. In: Journal of Comparative Economics. 1999 ; Vol. 27, No. 1. pp. 4-32.
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