000 01731nam a22003017a 4500
003 arcduce
005 20191008115403.0
008 121018s2002 dcu||||| |||| 00| 0 eng d
040 _aarcduce
_carcduce
082 0 _221
_a338.900151
100 1 _94089
_aHougaard Jensen, Svend E.
245 1 0 _aEconomic transition, entrepreneurial capacity, and intergenerational distribution /
_cSvend E. prepared by Hougaard Jensen, Tobias N. Rasmussen, and Thomas F. Rutherford.
260 _aWashington, D.C. :
_bInternational Monetary Fund,
_c2002
300 _a27 p.
490 0 _aIMF working paper ;
_vno. 02/180
504 _aBibliografía: p. 26-27.
520 3 _aA 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.
650 4 _aCRECIMIENTO ECONOMICO
_9385
650 4 _aREFORMA ESTRUCTURAL
_91267
650 4 _aMODELOS ECONOMICOS
_9381
653 4 _aPROGRESO ECONOMICO
650 4 _93172
_aECONOMIA EN TRANSICION
700 1 _94091
_aRasmussen, Tobias N.
700 1 _94090
_aRutherford, Thomas F.
856 4 _uhttp://www.imf.org/external/pubs/ft/wp/2002/wp02180.pdf
942 _2ddc
_cDOCU
_jF 338.900151 H 20797
945 _aBEA
_c2012-10-24
999 _c23189
_d23189