Some Explanations for Changes in the Distribution of Household Income in Slovakia: 1988 and 1996

ISBN-13: 9781491214619 / Angielski / Miękka / 2013 / 44 str.

Thesia I. Garner

Opis

Under the Soviet system, the Central and East European (CEE) countriesmaintained the most equal distributions of income in the world. Hence greater incomeinequality was an expected outcome of the transition from a command to a marketeconomy. Indeed, as prices were liberalized and market forces unleashed, workers withscarce skills saw their earnings rise, while others suffered severe declines in theirearnings and even unemployment