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...
Hoofdauteur: | |
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Formaat: | Tijdschrift |
Taal: | English |
Gepubliceerd in: |
Washington, D.C. :
International Monetary Fund,
1992.
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Reeks: | IMF Working Papers; Working Paper ;
No. 1992/074 |
Online toegang: | Full text available on IMF |