William Davidson Institute Working Paper 487
Table 2. Rigidity of real wages in Bulgaria by sectors.
|
Sectors with flexible wages |
Sectors with rigid wages |
|
Trade |
Heavy industry |
|
Hotels and Restaurants |
Gas and Petrol industry |
|
Construction |
Health services |
|
Paper and Printing industry |
Education |
|
Food industry |
R&D |
|
Real estate activities Financial intermediation Chemical industry Agriculture (relatively flexible) |
Public administration |
Sources: For Bulgaria (Nenovsky and Koleva, 2001), for the others countries Vinals and Jimeno, 1998, p.
23).
41
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