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| 005 | 20240416100057.0 | ||
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_aMSU _bEnglish _cMSU _erda |
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| 050 | 0 | 0 | _aHC244 ECO |
| 100 | 1 |
_aDimova, Ralitza _eauthor |
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_aMonopolistic wages or efficient contracts?: _bwhat determined the wage–employment bargain in post-privatization Bulgaria/ _ccreated by Ralitza Dimova |
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_aOxford: _bBlackwell Publishing, _c2006. |
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| 336 |
_2rdacontent _atext _btxt |
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| 337 |
_2rdamedia _aunmediated _bn |
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| 338 |
_2rdacarrier _avolume _bnc |
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| 440 |
_aEconomics of transition _vVolume 14, number 2 |
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| 520 | 3 | _aUsing a representative sample of medium and large firms, this paper explores the process of employment and wage bill determination in the Bulgarian manufacturing sector. The results suggest that, during 1997–2001, the labour market behaviour of these firms was consistent with weakly efficient contracting and employment elasticity with respect to both sales and wages similar to that of the fastest-reforming Central and Eastern Europe economies. Although a case study using data on sell-off deals by the Privatization Agency suggests that the largest firms selected for cash privatization may have exhibited higher preference for wage enhancement than employment protection, the results do not bring into question the efficient performance of the post-crisis labour market in Bulgaria. Importantly, the study rejects the hypothesis that either persistent government stakes or mass privatization may have led to efficiency deterioration. | |
| 650 |
_aCollective bargaining _vManufacturing industries _xPrivatization _zBulgaria |
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| 856 | _uhttps://doi.org/10.1111/j.1468-0351.2006.00253.x | ||
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_2lcc _cJA |
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_c164903 _d164903 |
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