Wage Claims, Incomes Policy, and the Path of Output and Inflation in a Formerly Centrally Planned Economy /
The corporate governance problem of state enterprises in former socialist economies can give rise to excessive wage claims and/or capital decumulation. This paper focuses on these problems, highlighting the dynamic links between wage behavior, the fiscal deficit, inflation and the capital stock. Wag...
| Hlavní autor: | |
|---|---|
| Médium: | Časopis |
| Jazyk: | English |
| Vydáno: |
Washington, D.C. :
International Monetary Fund,
1992.
|
| Edice: | IMF Working Papers; Working Paper ;
No. 1992/074 |
| On-line přístup: | Full text available on IMF |