The objectives of this paper are : (i) to empirically probe on the validity of the hypothesis that wages are relatively unresponsive to labor market disequlibrium; and (ii) to investigate whether the dramatically diverse rates of unemployment observed across certain Latin American countries obey...

Discusses the short – and long-term labour market policies needed in Czechoslovakia to achieve successfully the economic reforms envisaged in the current economic programme. Given the similarities with other Eastern European countries in economic transition, the policy implications of this...