Mickiewicz, Tomasz (2005). Post-communist recessions re-examined. Working Paper. University College London, London (UK).
Abstract
We apply simple econometric methods to evaluate the factors that determined the length and depth of the post-Communist recessions. Early implementation of the stabilisation and liberalisation programmes made the recessions weaker. Wars had strong negative impact. Initial trade dependence made recessions more serious. The results are discussed with reference to the existing explanations of the 'transitional recessions', in particular Calvo and Coricelli (1992, 1993), Blanchard and Kremer (1997) and Blanchard (1997).
Divisions: | College of Business and Social Sciences > Aston Business School > Economics, Finance & Entrepreneurship |
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Uncontrolled Keywords: | transition,recession |
Last Modified: | 30 Sep 2024 08:55 |
Date Deposited: | 23 Apr 2013 13:12 |
Full Text Link: |
http://discover ... 514/1/17514.pdf |
Related URLs: | PURE Output Type: | Working paper |
Published Date: | 2005-06 |
Authors: |
Mickiewicz, Tomasz
(
0000-0001-5261-5662)
|