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This Selected Issues paper reviews recent developments in growth and employment in Bulgaria and highlights key constraints to growth suggested by cross-country competitiveness studies. Bulgaria’s GDP has grown substantially since economic and financial stabilization in 1997. The global...
Persistent link: https://www.econbiz.de/10011245618
methodology is applied to Polish micro data. The estimates confirm that wages are less elastic in a high … wages, and thus, on the labor market and the real economy, were limited until 1998, but have been quite significant …
Persistent link: https://www.econbiz.de/10005248228
moderation. The paper identifies structural shifts in the relationship between wages and unemployment rates—a “wage curve⠅
Persistent link: https://www.econbiz.de/10005591480
This Selected Issues paper and Statistical Appendix analyzes labor market institutions and reforms for Cyprus. The paper describes the legal and institutional framework of the Cypriot labor market, and discusses the voluntary framework for negotiations, the degree of unionization and the system...
Persistent link: https://www.econbiz.de/10005598850
This Selected Issues paper and Statistical Appendix analyzes developments in the domestic economy of Uzbekistan. The paper highlights that after declining by 17½ percent during 1992–94, real GDP fell by only about 1 percent in 1995. The moderation in the output decline was due in part...
Persistent link: https://www.econbiz.de/10005599029
In flow models of the labor market, wages are determined by negotiations between workers and employers on the surplus …
Persistent link: https://www.econbiz.de/10005604781
This paper on Selected Issues was prepared by a staff team of the International Monetary Fund as background documentation for the periodic consultation with the member country. It is based on the information available at the time it was completed on October 23, 2012. The views expressed in this...
Persistent link: https://www.econbiz.de/10011242730