Vasilev, Aleksandar - In: Národohospodářský obzor : časopis věnovaný … 20 (2020) 1, pp. 91-105
"fair" wages performs poorly when it comes to the relative volatilities of labor market variables. This is because aggregate … labor market conditions, as proxied by the employment rate and past aggregate wages, turn out not to be quantitatively … important for business cycles in Bulgaria. …