Former Communist Countries and their transition to Capitalism

Hernan Moscoso Boedo

Virginia Economics Online Papers from University of Virginia, Department of Economics

Abstract: This paper uses the technology adoption general equilibrium model developed by Moscoso Boedo (2006) to analyze the transition for the countries of the former USSR and Eastern Europe. There the real output displayed a U-shapped pattern together with increases in inequality, which are features matched by the model

Keywords: Transition economies, skill biased technological change; skill premium; endogenous technology; inequality (search for similar items in EconPapers)
JEL-codes: E25 J24 O33 O43 O57 P2 (search for similar items in EconPapers)
Pages: 21 pages
Date: 2006-05
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Persistent link: https://EconPapers.repec.org/RePEc:vir:virpap:372

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