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Author Jensen, Svend E. Hougaard, 1959-

Title Economic transition, entrepreneurial capacity, and intergenerational distribution / Svend E. Hougaard Jensen, Tobias N. Rasmussen, and Thomas F. Rutherford
Published A[Washington, D.C.] : International Monetary Fund, [2002]
Online access available from:
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Description 1 online resource (27 pages)
Series IMF working paper ; WP/02/180
IMF working paper ; WP/02/180
Summary A defining feature of transition economies is the expansion of the private sector. Motivated by the observation that new enterprises in transition economies seem to have a strong preference for recruiting young people, this paper studies intergenerational redistribution following from market reforms that stimulate private sector activity and firm creation. We implement a theoretical model and find that in some cases more than half of the current working age population may be made worse off by an increase in entrepreneurial capacity. This may help explain why market reforms have been voted down despite their long-run benefits
Notes Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. MiAaHDL
digitized 2010 HathiTrust Digital Library committed to preserve pda MiAaHDL
Print version record
Subject Rutherford, Thomas F.
Economic development -- Developing countries -- Econometric models.
Employment (Economic theory) -- Developing countries -- Econometric models.
Income distribution -- Developing countries -- Econometric models.
Rasmussen, Tobias N
Form Electronic book
Author International Monetary Fund. Treasurer's Department.
ISBN 1451904487