The authors try to distinguish between general and national features in explaining the impulse, transmission channels, and path of output decline in Hungary and Poland. It is clear that output losses are massively concentrated in the socialized industrial sectors, but they identify significant differences in the distribution of those losses and their associated employment outcomes; in the timing and degree of synchronization of those losses; and in...
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详细
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1992/11/30
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政策研究报告
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WPS1036
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1
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1
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2010/07/01
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Output decline in Hungary and Poland in 1990-91 : structural change and aggregate shocks
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output decline