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...

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Tác giả chính: Milesi-Ferretti, Gian
Định dạng: Tạp chí
Ngôn ngữ:English
Được phát hành: Washington, D.C. : International Monetary Fund, 1992.
Loạt:IMF Working Papers; Working Paper ; No. 1992/074
Truy cập trực tuyến:Full text available on IMF