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 modelTransition economies, skill biased technological change; skill premium; endogenous technology; inequality

Hernan J. Moscoso Boedo

English

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http://www.virginia.edu/economics/RePEc/vir/virpap/papers/virpap372.pdf

Former Communist Countries and their transition to Capitalism

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