Labour Market Flexibility in the Transition Countries: How Much Is Too Much?
Author(s)
Cazes, Sandrine; Nesporova, Alena
Abstract
This article begins by analyzing the extent and causes of labor turnover in Bulgaria, the Czech Republic, Estonia, Hungary, Lithuania, Poland, the Russian Federation, Slovenia and Ukraine since 1990. How has the transition process accelerated labor adjustment in firms? Has it led to more unstable and insecure employment than was the case under the former system of central planning? After addressing such questions, the article goes on to examine job stability on the basis of job tenure data and separation rates to determine the extent to which the past model of secure long-term jobs has disappeared.
