Labour Demand During Transition in Hungary

Gabor Korosi

No 116, William Davidson Institute Working Papers Series from William Davidson Institute at the University of Michigan

Abstract: Transition from socialist to market economy brought drastic changes on the Hungarian labour market. Employment fell by 1.6m, i.e., by more than 25% during the past decade, while unemployment jumped from practically nil to over 14% within four years. This paper describes the changes in corporate labour demand resulting in this drop in aggregate employment, and gives an empirical analysis of the corporate labour demand during the transition period, based on a panel of medium-sized and large Hungarian firms.

Keywords: labour demand; firm in transition economy (search for similar items in EconPapers)
JEL-codes: C23 D21 J23 (search for similar items in EconPapers)
Pages: pages
Date: 1998-08-01
New Economics Papers: this item is included in nep-lab
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Citations: View citations in EconPapers (3)

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Persistent link: https://EconPapers.repec.org/RePEc:wdi:papers:1998-116

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