The article deals with the implementation of the Program of Monetary Reconstruction and Economic Recovery of Yugoslavia in the first year after its inauguration. It were explained the phases of the Program implementation and then the global movements in Yugoslav economy in 1994 (production,...

Lokshin and Jovanovic use the newly available Yugoslavian Labor Force Survey data to investigate wage differentials and employment decisions in the state and private sectors in Yugoslavia. For the analysis the authors use three empirical models that rely on different statistical assumptions....