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...

Volledige beschrijving

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