IMF Working Papers

Market Liberalization Policies in a Reforming Socialist Economy

ByElias Dinopoulos, Timothy D. Lane

December 1, 1991

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Format: Chicago

Elias Dinopoulos, and Timothy D. Lane "Market Liberalization Policies in a Reforming Socialist Economy", IMF Working Papers 1991, 119 (1991), accessed 12/23/2025, https://doi.org/10.5089/9781451940091.001

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Disclaimer: This Working Paper should not be reported as representing the views of the IMF.The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate

Summary

The IMF Working Papers series is designed to make IMF staff research available to a wide audience. Almost 300 Working Papers are released each year, covering a wide range of theoretical and analytical topics, including balance of payments, monetary and fiscal issues, global liquidity, and national and international economic developments.

Subject: Economic sectors, Employment, Informal economy, International trade, Labor, Trade liberalization, Wages

Keywords: Eastern Europe, efficiency wage, Employment, employment effect, enterprise vis-à-vis, Informal economy, market clearing price, price liberalization, price reform, representative firm, reservation wage, state enterprise, state enterprise increase, state-enterprise employment, Trade liberalization, utility function, wage differential, Wages, WP

Notes

Also published in Staff Papers, Vol. 39, No. 3, September 1992.