Wage Controls and Employment in a Socialist Economy

Wage Controls and Employment in a Socialist Economy
Wage controls have been an important element of several of the stabilization programs recently introduced in reforming socialist economies. In some cases, the controls have been placed on each state enterprise's total wage bill, rather than on the wage rate paid. Such an incomes policy would be expected to have a dampening effect on employment,... READ MORE...

Publication date: November 1991
ISBN 9781451853384
$15.00

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