000 02442nam a22004334a 4500
001 WPIEA1802002
003 IMF
005 20190408084457.0
006 m o d
007 cr cn|||||||||
008 020129s2002 dcu o i00 0 eng d
020 _a1451859120 :
_c15.00 USD
020 _z9781451859126
022 _a1018-5941
024 7 _a10.5089/9781451859126.001
_2doi
035 _a(IMF)WPIEA1802002
040 _aDcWaIMF
_beng
100 1 _aRutherford, Thomas Fox.
245 1 0 _aEconomic Transition, Entrepreneurial Capacity, and Intergenerational Distribution
_h[electronic resource] /
_cThomas Fox Rutherford.
260 _aWashington, D.C. :
_bInternational Monetary Fund,
_c2002.
300 _a1 online resource (28 p.)
490 1 _aIMF Working Papers; Working Paper ;
_vNo. 02/180
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.
588 _aDescription based on print version record.
650 7 _aCapital Losses
_2imf
650 7 _aCapital Markets
_2imf
650 7 _aCapital Mobility
_2imf
650 7 _aComputable General Equilibrium Models
_2imf
650 7 _aDynamic General Equilibrium
_2imf
650 7 _aInnovation and Invention: Processes and Incentives
_2imf
651 7 _aEstonia
_2imf
651 7 _aLithuania
_2imf
700 1 _aJensen, Svend E Hougaard.
700 1 _aRasmussen, Tobias N.
700 1 _aRutherford, Thomas Fox.
776 0 8 _iPrint Version:
_aRutherford, Thomas Fox.
_tEconomic Transition, Entrepreneurial Capacity, and Intergenerational Distribution
_dWashington, D.C. : International Monetary Fund, 2002.
_z9781451859126
830 0 _aIMF Working Papers; Working Paper ;
_vNo. 02/180
856 4 0 _uhttp://elibrary.imf.org/view/IMF001/01980-9781451859126/01980-9781451859126/01980-9781451859126.xml
_zIMF e-Library
856 4 0 _uhttp://www.imfbookstore.org/IMFORG/9781451859126
_zIMF Book Store
999 _c166881
_d166881