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- W776986883 abstract "The paper focuses on job creation and job destruction – and thus on job reallocation – during the transition in Poland. In a broad sense, job reallocation (turnover) is an indicator of labor market flexibility and dynamics. It tends to be low in labor market s that are rigid and stagnant, and it is high in labor markets that are flexible and vibrant. In a more narrow sense, job turnover is an indicator of economic restructuring, it measures the intensity of reallocation of labor away from low productivity toward high productivity jobs. Our analysis indicates that the labor market in Poland is relatively flexible and dynamic in the sense that existing regulatory constraints have not prevented far reaching job reallocation. The rate of job turnover observed in Poland in the late 1990s is comparable to that in OECD countries with flexible labor markets. However, the rate of job destruction has exceed the rate of job creation, which means that efficiency of the labor market needs to be improved in order to encourage employment growth and reduce unemployment. The rate of job turnover has varied during the transition in Poland, exhibiting a distinct U-shaped pattern. The this pattern of job reallocation overlapped with the pattern of unemployment, suggesting a close link between those two variables. Intensified job reallocation leads to productivity improvements, but also creates spatial and skill mismatches, which cause unemployment." @default.
- W776986883 created "2016-06-24" @default.
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- W776986883 date "2002-01-01" @default.
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- W776986883 title "JOB CREATION AND JOB DESTRUCTION IN POLAND (1993-1999) 1" @default.
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