Competitiveness in Transition Economies : What Scope for Real Appreciation? /

This paper estimates equilibrium dollar wages for 15 transition economies. Equilibrium dollar wages are interpreted as full employment wages consistent with a country's physical and human capital endowment, and estimated by regressing actual dollar wages on productivity and human capital proxie...

Descripción completa

Detalles Bibliográficos
Autor principal: Krajnyak, Kornelia
Otros Autores: Zettelmeyer, Jeromin
Formato: Revista
Lenguaje:English
Publicado: Washington, D.C. : International Monetary Fund, 1997.
Colección:IMF Working Papers; Working Paper ; No. 1997/149
Acceso en línea:Full text available on IMF