01702cas a2200241 a 4500 AALejournalIMF000438 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451948417 1018-5941 BD-DhAAL BD-DhAAL Brixiova, Zuzana. On the Speed of Transition in Central and Eastern Europe : Does On-the-Job Search Matter? / Zuzana Brixiova. Washington, D.C. : International Monetary Fund, 1997. 1 online resource (22 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper examines how the on-the-job search of workers in the state sector who are seeking jobs in the private sector affects private sector employment, the unemployment level, and the unemployment duration in the transition economies of Central and Eastern Europe. The main finding is that on-the-job searching can account for the coexistence of a quickly growing private sector and a high unemployment level of long duration. The paper also addresses the issue of the optimal (output maximizing) rate of state sector closure and finds that the rate is slower when workers are simultaneously job hunting than when they are not. Mode of access: Internet IMF Working Papers; Working Paper ; No. 1997/102 Full text available on IMF http://elibrary.imf.org/view/journals/001/1997/102/001.1997.issue-102-en.xml IMF e-Library