Economics Commons^™

What Is The Relation Between Public Pensions And Private Savings?, Marta Lachowska, Michał Myck

Marta Lachowska

No abstract provided.

What Is The Relation Between Public Pensions And Private Savings?, Marta Lachowska, Michał Myck

Employment Research Newsletter

No abstract provided.

Performance Management Of Employment Programs In Hungary And Poland, Christopher J. O'Leary

Christopher J. O'Leary

No abstract provided.

Wytyczne Systemu Informacyjnego Zarzadzania (Siz) Dla Programow Rynku Pracy W Polsce, Christopher J. O'Leary, Andrew S. Targowski

Christopher J. O'Leary

No abstract provided.

Evaluating The Effectiveness Of Active Labor Programs In Poland, Christopher J. O'Leary

Christopher J. O'Leary

No abstract provided.

An Impact Analysis Of Employment Programs In Hungary, Christopher J. O'Leary

Christopher J. O'Leary

This paper presents estimates of the impact of retraining and public service employment (PSE) on reemployment and earnings in the Republic of Hungary during the early phase of post-Socialist economic restructuring. Since assignment to programs resulted in groups with vastly dissimilar characteristics, impact estimates were computed using a variety of methods. Controlling for observable characteristics, retraining may have slightly improved the chances for reemployment in a non-subsidized job, but the gain in reemployment was probably not sufficient to justify the cost of retraining. However, since the durability of jobs appears to be better for those who were retrained, the long …

Performance Management Of Active Labor Programs In Eastern Europe, Christopher J. O'Leary

Christopher J. O'Leary

No abstract provided.

Suggested Rules For An Unemployment Insurance Law For Poland, Christopher J. O'Leary

Christopher J. O'Leary

No abstract provided.

Employment Policy For Transition In Hungary And Poland, Christopher J. O'Leary

Christopher J. O'Leary

No abstract provided.

Preliminary Evidence On Impacts Of Active Labor Programs In Hungary And Poland, Christopher J. O'Leary

Christopher J. O'Leary

To ease the hardship associated with worker dislocation and to maintain social stability during the transition to markets, the governments of Hungary and Poland provide labor force members with unemployment compensation and a variety of active labor programs (ALPs). Follow-up surveys of participants in retraining, public works, wage subsidies, self-employment, and comparison groups were done in Hungary and Poland in early 1997. Preliminary analysis suggests positive net impacts for most ALPs and additive benefits from the use of the employment service in both countries. Strong evidence of nonrandom assignment to programs means that great care should be used in interpreting …

Promoting Self Employment Among The Unemployed In Hungary And Poland, Christopher J. O'Leary

Christopher J. O'Leary

To evaluate the effectiveness of self-employment assistance to the unemployed in Hungary and Poland more than 5,500 follow-up interviews were conducted in early 1997 by employees of local labor offices with persons in self-employment participant and comparison group samples. Wide ranging differences were observed between the demographic composition of self-employment samples and the general population of unemployed. Program effects were therefore computed as net impact estimates controlling for systematic sample selection using observable characteristics including information on job search assistance from the employment service. While self-employment assistance yielded a favorable set of net impact estimates in both countries, there was …

The Effect Of Public Pension Wealth On Saving And Expenditure, Marta Lachowska, Michał Myck

Marta Lachowska

In order to study whether public pension systems displace private saving, we use the quasi-experimental variation in pension wealth created by Poland’s 1999 pension reform. Using the 1997–2003 Polish Household Budget Surveys, we begin by estimating “difference-in-differences” regressions, where we compare household saving and expenditure across time and between cohorts affected and unaffected by the reform. Next, we estimate the extent of crowd-out by using two-stage least squares. We identify the effect of pension wealth on private saving by using the cohort-by-time variation in pension wealth that is explained by the reform. We find that one additional Polish zloty, or …

Imagining The Ideal Pension System: International Perspectives, Dana M. Muir Editor, John A. Turner Editor

Upjohn Press

Muir and Turner gather an international roster of pension experts who present what they think would be the ideal pension systems for their countries and why. Those countries include the United States, the UK, Ireland, Denmark, Germany, Belgium, France, Switzerland, Poland, and Japan.

What Happened To The Middle Class In The New Market Economies? The Case Of Croatia And Poland, Joanna Tyrowicz, Iva Tomić

Joanna Tyrowicz

Transition countries are believed to have undergone signifi cant social and economic structural changes. Indeed, the early transition resulted in the modifi cation of ownership structure and recognized processes of labor reallocation as well as in rapid educational booms in many Central and Eastern European countries. In this paper we shed some light on the changes regarding the size and composition of the middle class in two transition countries, Croatia and Poland, in the period 1995-2008. In general, the size of the middle class – as defi ned by individuals with wages around the median – decreased in Poland roughly …

Riding On The Wave? Middle Class In Transition, Joanna Tyrowicz, Joanna Nestorowicz

Joanna Tyrowicz

In this paper we inquire into how structural social changes associated with economic transition affected the relative position of the so called ‘traditional’ and ‘new’ middle classes. We use Polish quarterly labor force surveys over the period 1995-2007 and analyze the distribution of self-reported wages and educational attainment across social groups. In the analysis we account for differences observed in the metropolies (usually benefiting immensely from the economic changes) and non-metropolitan areas (where most of the negative consequences are felt).

We find that although transition has contributed to greater inequalities both in terms of earned income and education, traditional middle …

Regional Unemployment Dynamics In Poland. A Convergence Approach, Joanna Tyrowicz, Piotr Wojcik

Joanna Tyrowicz

In this paper we approach the regional unemployment dynamics in Poland. Using policy relevant NUTS4 level data for 1999 till 2006 we employ tools typically applied to income convergence analyses to inquire the patterns of unemployment distribution. We apply diverse analytical techniques to seek traces of convergence, including beta and sigma convergence as well as pass-through analysis.

We demonstrate that it is highly stable over time, while only weak "convergence of clubs" is supported by the data and only for the high unemployment regions. Results suggest no support in favour of beta-type convergence, i.e. convergence of levels. Even controlling for …

Nonlinear Stochastic Convergence Analysis Of Regional Unemployment Rates In Poland, Joanna Tyrowicz, Piotr Wojcik

Joanna Tyrowicz

This paper analyzes convergence of unemployment rates in Poland at NUTS4 level by testing nonlinear convergence, applying the modified KSS-CHLL for each pair of territorial units. The results suggest that actually the convergence is a rare phenomenon and occurs only in 1916 cases out of potential over 70 000 combinations. This paper inquires what systematic reasons contribute to this phenomenon.

There are some circumstances under which unemployment convergence should be more awaited than in the others. These include sharing a higher level territorial authority, experiencing similar labour market hardship or sharing the same structural characteristics. For each of these three …

Blame No One? Investment Decisions Of The Polish Stock-Listed Companies, Joanna Tyrowicz

Joanna Tyrowicz

It is often raised that enterprises in transition countries are cursed with credit constraints and insufficient capital. Regardless of whether this belief holds for the whole of the economy, the Agency Theory provides a useful both theoretical and empirical framework helping to verify the efficiency of investment decisions in case of companies for which 'objective' future cash-flow valuation is available. The assertion of managerial discretion has been verified empirically for many different countries with the analytical background provided by user cost of capital and Tobin's Q theories. This paper’s contribution is the analysis of the Polish stock-listed companies behavior with …

(In)Efficiency Of Matching - The Case Of A Post-Transition Economy, Joanna Tyrowicz, Tomasz Jeruzalski

Joanna Tyrowicz

This paper approaches the question of efficiency in job placement using regional data for Polish regions (policy relevant NUTS 4 level) over the time span of 2000-2008. Using a unique data set we estimate the matching function using stochastic frontier as well as difference-in-difference estimators. We use also managed to combine this unique data set with another unique source of data on the ALMPs

coverage, unemployment structure across time and regions as well as the individual capacity of local labour offices. We use these data to explain the exceptional variation in estimated efficiency scores.

Our findings suggest that matching abilities …

The State‐Led Transition To Liberal Capitalism: Neoliberal, Organizational, World‐Systems, And Social Structural Explanations Of Poland’S Economic Success, Lawrence P. King, Aleksandra Sznajder Lee

Political Science Faculty Publications

Neoliberals argue that rapid liberalization and privatization can transform postcommunist economies into Western-style capitalist systems. Organizational sociologists argue that these policies produce a unique variety of capitalism, while world-systems theorists argue that they lead to underdevelopment. This article advances a social structural alternative in a crucial case. Poland’s relative economic success resulted from prolonged state ownership and an interventionist state employing various industrial policy tools that facilitated efficiency-enhancing market-oriented restructuring before ushering in beneficial foreign direct investment. The resulting capitalist system closely resembles the typical pattern found in most late industrializers.

On Measuring The Efficiency Of The Social Security System Reforms. The Case Of Poland, Joanna Tyrowicz, Piotr Mularczyk

Joanna Tyrowicz

As other European countries, transition economies face the reform of the social security system. As one of the first, Poland has introduced a pension reform in 1999, which changed a standard pay-as-you-go system into a one constructed of three pillars and based on addressed contributions. The five years from the reform allow to take a first look at the reform, both in terms of assessing the legal implementation as well as the realization of main assumptions and aims. In this paper we consider the effectiveness of the reform. We find that in many aspects this reform should not be considered …

Promoting Self Employment Among The Unemployed In Hungary And Poland, Christopher J. O'Leary

Upjohn Institute Working Papers

To evaluate the effectiveness of self-employment assistance to the unemployed in Hungary and Poland more than 5,500 follow-up interviews were conducted in early 1997 by employees of local labor offices with persons in self-employment participant and comparison group samples. Wide ranging differences were observed between the demographic composition of self-employment samples and the general population of unemployed. Program effects were therefore computed as net impact estimates controlling for systematic sample selection using observable characteristics including information on job search assistance from the employment service. While self-employment assistance yielded a favorable set of net impact estimates in both countries, there was …

A Cross Country Evaluation Of Active Labor Programs In Hungary And Poland, Christopher J. O'Leary

Reports

No abstract provided.

Evaluating The Effectiveness Of Active Labor Programs In Poland, Christopher J. O'Leary

Upjohn Institute Technical Reports

No abstract provided.

Preliminary Evidence On Impacts Of Active Labor Programs In Hungary And Poland, Christopher J. O'Leary

Upjohn Institute Working Papers

To ease the hardship associated with worker dislocation and to maintain social stability during the transition to markets, the governments of Hungary and Poland provide labor force members with unemployment compensation and a variety of active labor programs (ALPs). Follow-up surveys of participants in retraining, public works, wage subsidies, self-employment, and comparison groups were done in Hungary and Poland in early 1997. Preliminary analysis suggests positive net impacts for most ALPs and additive benefits from the use of the employment service in both countries. Strong evidence of nonrandom assignment to programs means that great care should be used in interpreting …

Methods For Performance Based Management Of Active Labor Programs In Hungary: An Adjustment Methodology For Performance Indicators And A Proposal For Budget Allocation, Christopher J. O'Leary

Reports

No abstract provided.

Employment Promotion And Services Project [In Poland]: Management Information System Component: Final Report, Christopher J. O'Leary

Reports

No abstract provided.

Suggested Rules For An Unemployment Insurance Law For Poland, Christopher J. O'Leary

Upjohn Institute Technical Reports

No abstract provided.

Performance Management Of Active Labor Programs In Eastern Europe, Christopher J. O'Leary

Employment Research Newsletter

No abstract provided.

An Impact Analysis Of Employment Programs In Hungary, Christopher J. O'Leary

Upjohn Institute Working Papers

This paper presents estimates of the impact of retraining and public service employment (PSE) on reemployment and earnings in the Republic of Hungary during the early phase of post-Socialist economic restructuring. Since assignment to programs resulted in groups with vastly dissimilar characteristics, impact estimates were computed using a variety of methods. Controlling for observable characteristics, retraining may have slightly improved the chances for reemployment in a non-subsidized job, but the gain in reemployment was probably not sufficient to justify the cost of retraining. However, since the durability of jobs appears to be better for those who were retrained, the long …