haku: @indexterm competitive equilibrium / yhteensä: 19
viite: 9 / 19
Tekijä: | Mehlum, H. |
Otsikko: | Speed of adjustment and self-fulfilling failure of economic reform |
Lehti: | Journal of International Economics
2001 : FEB, VOL. 53:1, p. 149-167 |
Asiasana: | Econometric models Equilibrium theory Competitive equilibrium |
Kieli: | eng |
Tiivistelmä: | An economic reform programme where inefficient public labour is laid off is considered. The immediate effect is a lowering of wages and increased profitability in the private modern sector. |
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