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Modeling of Imperfect Competition on the Labor Market

In: Optimization Models in a Transition Economy

Author

Listed:
  • Ivan V. Sergienko

    (National Academy of Sciences of Ukraine)

  • Mikhail Mikhalevich

    (National Academy of Sciences of Ukraine)

  • Ludmilla Koshlai

    (National Academy of Sciences of Ukraine)

Abstract

The social situation of last decades in post-communist countries (especially in countries of the former Soviet Union) has been certainly an extremely difficult one. Various grave problems existed: rising inequalities in income both at downward and upward stages of the business cycle show up in islands of prosperity in the sea of distress and poverty, as well as in capital flights and growing indebtedness. All of these factors lead to the criminalization of society. Extremely low wages are the main reason of such a situation. Theoretical analysis of labor market is necessary to understand essential issues of this situation.

Suggested Citation

  • Ivan V. Sergienko & Mikhail Mikhalevich & Ludmilla Koshlai, 2014. "Modeling of Imperfect Competition on the Labor Market," Springer Optimization and Its Applications, in: Optimization Models in a Transition Economy, edition 127, chapter 0, pages 161-260, Springer.
    • Handle: RePEc:spr:spochp:978-1-4899-7544-7_3
    DOI: 10.1007/978-1-4899-7544-7_3
    as

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