Labour Markets and Wages Policies During Economic Transition
This article discusses among others the Pazos-Simonsen Mechanism - short term wage controls as a means of abrogating existing wage contracts, short serm wage controls as a mechanism for co-ordinating expectations and short term wage controls in semi-heterodox stabilization programmes as well as medium term wage controls in semi-shock Stabilization Programmes in Post-communist economies.
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Paper provided by CASE-Center for Social and Economic Research in its series CASE Network Studies and Analyses
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1994Date of revision:
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Related researchKeywords: price control
; wage control
; post-communistic economies
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