The Role of Labor Market Rigidities During the Transition : Lessons From Poland /
The transition to a market economy has been analyzed primarily from a stabilization prospective. To complement that approach, we focus on a pure relative price shock and subsequent price adjustments. A model of monopolistic competition with costly labor adjustment indicates that relative price shock...
Yazar: | |
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Materyal Türü: | Dergi |
Dil: | English |
Baskı/Yayın Bilgisi: |
Washington, D.C. :
International Monetary Fund,
1996.
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Seri Bilgileri: | IMF Working Papers; Working Paper ;
No. 1996/077 |
Online Erişim: | Full text available on IMF |