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relative wages during the transition period in Hungary and Romania. In this paper we would like to discuss the policy relevance …
Persistent link: https://www.econbiz.de/10011522321
by rather different forces In Hungary. By contrast, the Romanian agriculture absorbed a non-trivial proportion of the …
Persistent link: https://www.econbiz.de/10011522361
The paper analyses regional relative wages using individual and firmlevel data from Hungary 1986-96. In regions hit … observed in Hungary (a U-curve of relative labour costs in crisis-hit regions) may prevail in other economies calling the …
Persistent link: https://www.econbiz.de/10011522365
The paper addresses the question why Hungarian state enterprises cut employment by two-digit percentages in the last years of state socialism. It argues that job destruction was a result of changing incentives and liberties (harder budget constraint, stronger insider power, loosening political...
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