2023-09-28 14:46:10 +00:00
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abstract: 'This paper relies on a model of wealth distribution dynamics and
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occupational choice to investigate the distributional consequences of
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policies and developments associated with transition from central
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planning to a market system. The model suggests that even an efficient
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privatization designed to be egalitarian may lead to increases in
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inequality land possibly poverty), both during transition and in the new
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steady-state. Creation of new markets in services also supplied by the
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public sector may also contribute to an increase in inequality, as can
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labour market reforms that lead to a decompression of the earnings
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structure and to greater flexibility in employment. The results
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underline the importance of retaining government provision of basic
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public goods and services; of removing barriers that prevent the
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participation of the poor in the new private sector; and of ensuring
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that suitable safety nets are in place.'
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affiliation: 'Ferreira, FHG (Corresponding Author), World Bank, 1818 H St NW, Washington,
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DC 20433 USA.
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World Bank, Washington, DC 20433 USA.'
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author: Ferreira, FHG
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author_list:
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- family: Ferreira
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given: FHG
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da: '2023-09-28'
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doi: 10.1111/1468-0351.00018
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files: []
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issn: 0967-0750
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journal: ECONOMICS OF TRANSITION
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keywords: transition economies; privatization; inequality; wealth distribution
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keywords-plus: GROWTH; RETURNS
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language: English
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number: '2'
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number-of-cited-references: '27'
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pages: 377-410
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papis_id: e79bf33900d6cd439d3d80cfc96f1edf
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ref: Ferreira1999economictransition
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times-cited: '28'
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title: Economic transition and the distributions of income and wealth
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2023-10-01 08:15:07 +00:00
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type: article
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2023-09-28 14:46:10 +00:00
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unique-id: WOS:000082794100005
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usage-count-last-180-days: '0'
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usage-count-since-2013: '5'
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volume: '7'
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web-of-science-categories: Economics
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year: '1999'
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