This paper analyses the impact of labor market institutions on efficiency and equity in transitional economies. The analysis is based on a two-sector model of these economies. After proper calibration, the model is solved for the unemployment rate, the tax rate, the employment and wages in each sector. Small changes in the policy variables are then operated and the results are compared to the benchmark situation.
FOURÇANS, A. and VRANCEANU, R. (1996). Efficiency and Equity in Transitional Economies : A Labor Market Analysis. In: Competitiveness in International Business and Trade. Tamiu Press, pp. 989-1003.