01797cas a2200265 a 4500 AALejournalIMF002160 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451859126 1018-5941 BD-DhAAL BD-DhAAL Rutherford, Thomas. Economic Transition, Entrepreneurial Capacity, and Intergenerational Distribution / Thomas Rutherford, Svend Jensen, Tobias Rasmussen. Washington, D.C. : International Monetary Fund, 2002. 1 online resource (28 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 A 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. Mode of access: Internet Jensen, Svend. Rasmussen, Tobias. IMF Working Papers; Working Paper ; No. 2002/180 Full text available on IMF http://elibrary.imf.org/view/journals/001/2002/180/001.2002.issue-180-en.xml IMF e-Library