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...

ver descrição completa

Detalhes bibliográficos
Autor principal: Milesi-Ferretti, Gian
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 1992.
Colecção:IMF Working Papers; Working Paper ; No. 1992/074
Acesso em linha:Full text available on IMF