The Effects of Forward-Versus Backward-Looking Wage Indexationon Price Stabilization Programs

Download The Effects of Forward-Versus Backward-Looking Wage Indexationon Price Stabilization Programs PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 1451845650
Total Pages : 35 pages
Book Rating : 4.4/5 (518 download)

DOWNLOAD NOW!


Book Synopsis The Effects of Forward-Versus Backward-Looking Wage Indexationon Price Stabilization Programs by : Mr.Joe Crowley

Download or read book The Effects of Forward-Versus Backward-Looking Wage Indexationon Price Stabilization Programs written by Mr.Joe Crowley and published by International Monetary Fund. This book was released on 1997-04-01 with total page 35 pages. Available in PDF, EPUB and Kindle. Book excerpt: A standard open-economy model is used to show that price stabilization programs are more likely to succeed if labor contracts specify forward-looking wage indexation. Compared with contracts specifying backward-looking wage indexation or wages based on static expectations, such contracts will result in a greater reduction in inflation with lower output costs, smaller misalignment of real wages, smaller outflows of reserves, smaller disruptions caused by policy announcements, and a reduced impact of some shocks during price stabilization programs. These results are generally true whether or not capital is mobile and whether or not expectations are rational.

What Drives Prices in Egypt?

Download What Drives Prices in Egypt? PDF Online Free

Author :
Publisher : Oxford University Press
ISBN 13 : 9774163036
Total Pages : 263 pages
Book Rating : 4.7/5 (741 download)

DOWNLOAD NOW!


Book Synopsis What Drives Prices in Egypt? by :

Download or read book What Drives Prices in Egypt? written by and published by Oxford University Press. This book was released on 2009 with total page 263 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since 2004, economic reforms in Egypt have led to robust expansion, a healthy external position, and enhanced investor confidence. But despite these positive macroeconomic developments, inflation has been steadily rising. Does fiscal policy threaten price stability? Does wage growth in the Egyptian economy lead price inflation, or is it the reverse? In this volume, these and other questions are examined by contributors who participated in a conference held in Cairo in late 2007. Here is a coherent and comprehensive analysis of the factors driving prices in Egypt, in an attempt to find a satisfactory balance between prices and economic growth. While Egypt is the focus of the analysis, the papers draw upon the relevant literature, and international experience, the findings can be applied to other middle-income economies. This timely study helps to explain the complex issues facing economists and policymakers, with proposals for reform. Contributors: Hala Abou-Ali, Hala Fares, Omneia A. Helmy, Alaa Ibrahim, Hanaa Kheir-El-Din, Rania Al-Mashat, Diaa Noureldin, Klaus Schmidt-Hebbel, and Sherine Al-Shawarby.

Luxembourg

Download Luxembourg PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 :
Total Pages : 26 pages
Book Rating : 4.4/5 (2 download)

DOWNLOAD NOW!


Book Synopsis Luxembourg by : International Monetary

Download or read book Luxembourg written by International Monetary and published by International Monetary Fund. This book was released on 2023-05-24 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt: Selected Issues

What Drives Prices in Egypt?

Download What Drives Prices in Egypt? PDF Online Free

Author :
Publisher : American University in Cairo Press
ISBN 13 : 1617973858
Total Pages : 232 pages
Book Rating : 4.6/5 (179 download)

DOWNLOAD NOW!


Book Synopsis What Drives Prices in Egypt? by : Hanaa Kheir-El-Din

Download or read book What Drives Prices in Egypt? written by Hanaa Kheir-El-Din and published by American University in Cairo Press. This book was released on 2009-10-01 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since 2004, economic reforms in Egypt have led to robust expansion, a healthy external position, and enhanced investor confidence. But despite these positive macroeconomic developments, inflation has been steadily rising. Does fiscal policy threaten price stability? Does wage growth in the Egyptian economy lead price inflation, or is it the reverse? In this volume, these and other questions are examined by contributors who participated in a conference held in Cairo in late 2007. Here is a coherent and comprehensive analysis of the factors driving prices in Egypt, in an attempt to find a satisfactory balance between prices and economic growth. While Egypt is the focus of the analysis, the papers draw upon the relevant literature, and international experience, the findings can be applied to other middle-income economies. This timely study helps to explain the complex issues facing economists and policymakers, with proposals for reform. Contributors: Hala Abou-Ali, Hala Fares, Omneia A. Helmy, Alaa Ibrahim, Hanaa Kheir-El-Din, Rania Al-Mashat, Diaa Noureldin, Klaus Schmidt-Hebbel, and Sherine Al-Shawarby.

IMF Survey

Download IMF Survey PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 1451937504
Total Pages : 458 pages
Book Rating : 4.4/5 (519 download)

DOWNLOAD NOW!


Book Synopsis IMF Survey by : International Monetary Fund. External Relations Dept.

Download or read book IMF Survey written by International Monetary Fund. External Relations Dept. and published by International Monetary Fund. This book was released on 1997-01-01 with total page 458 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Web edition of the IMF Survey is updated several times a week, and contains a wealth of articles about topical policy and economic issues in the news. Access the latest IMF research, read interviews, and listen to podcasts given by top IMF economists on important issues in the global economy. www.imf.org/external/pubs/ft/survey/so/home.aspx

The Third Dimension of Labor Markets

Download The Third Dimension of Labor Markets PDF Online Free

Author :
Publisher : Nova Publishers
ISBN 13 : 9781594545986
Total Pages : 278 pages
Book Rating : 4.5/5 (459 download)

DOWNLOAD NOW!


Book Synopsis The Third Dimension of Labor Markets by : Francisco Galrão Carneiro

Download or read book The Third Dimension of Labor Markets written by Francisco Galrão Carneiro and published by Nova Publishers. This book was released on 2006 with total page 278 pages. Available in PDF, EPUB and Kindle. Book excerpt: Focuses on the relationship between labour market institutions, its functioning and outcomes.

IMF Staff papers, Volume 44 No. 3

Download IMF Staff papers, Volume 44 No. 3 PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 1451973462
Total Pages : 120 pages
Book Rating : 4.4/5 (519 download)

DOWNLOAD NOW!


Book Synopsis IMF Staff papers, Volume 44 No. 3 by : International Monetary Fund. Research Dept.

Download or read book IMF Staff papers, Volume 44 No. 3 written by International Monetary Fund. Research Dept. and published by International Monetary Fund. This book was released on 1997-01-01 with total page 120 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper studies the case of Mexico to examine determinants of banking system fragility. The paper tests empirically the proposition that bank fragility is determined by bank-specific factors, macroeconomic conditions, and potential contagion effects. The methodology allows the variables that determine bank failure to differ from those that influence banks’ time to failure (or survival rate). Based on the indicators of fragility of individual banks, the paper constructs an index of fragility for the banking system. The framework is applied to the Mexican financial crisis that began in 1994.

Economics, Politics and Social Issues in Latin America

Download Economics, Politics and Social Issues in Latin America PDF Online Free

Author :
Publisher : Nova Publishers
ISBN 13 : 9781600211829
Total Pages : 308 pages
Book Rating : 4.2/5 (118 download)

DOWNLOAD NOW!


Book Synopsis Economics, Politics and Social Issues in Latin America by : Mary P. Lassiter

Download or read book Economics, Politics and Social Issues in Latin America written by Mary P. Lassiter and published by Nova Publishers. This book was released on 2007 with total page 308 pages. Available in PDF, EPUB and Kindle. Book excerpt: Latin America is a diverse group countries with extremely diverse economies and political dynamics. Some are heavy in poverty and others are booming with petrodollars. They speak Spanish, Portuguese, and French. This book brings together analyses detailing crucial issues at the beginning of the 21st century.

IMF Staff papers

Download IMF Staff papers PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 1451947224
Total Pages : 208 pages
Book Rating : 4.4/5 (519 download)

DOWNLOAD NOW!


Book Synopsis IMF Staff papers by : International Monetary Fund. Research Dept.

Download or read book IMF Staff papers written by International Monetary Fund. Research Dept. and published by International Monetary Fund. This book was released on 1996-01-01 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper examines the role of the labor market in the transmission process of adjustment policies in developing countries. It begins by reviewing the recent evidence regarding the functioning of these markets. It then studies the implications of wage inertia, nominal contracts, labor market segmentation, and impediments to labor mobility for stabilization policies. The effect of labor market reforms on the flexibility of the labor market and the evidence regarding the wage and employment effects of trade reform are discussed next. The last part of the paper identifies a variety of issues that may require further investigation.

The Labor Market and Economic Adjustment

Download The Labor Market and Economic Adjustment PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 1451854781
Total Pages : 98 pages
Book Rating : 4.4/5 (518 download)

DOWNLOAD NOW!


Book Synopsis The Labor Market and Economic Adjustment by : Pierre-Richard Agénor

Download or read book The Labor Market and Economic Adjustment written by Pierre-Richard Agénor and published by International Monetary Fund. This book was released on 1995-11-01 with total page 98 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper examines the role of the labor market in the transmission process of adjustment policies in developing countries. It begins by reviewing the recent evidence regarding the functioning of these markets. It then studies the implications of wage inertia, nominal contracts, labor market segmentation, and impediments to labor mobility for stabilization policies. The effect of labor market reforms on economic flexibility and the channels through which labor market imperfections alter the effects of structural adjustment measures are discussed next. The last part of the paper identifies a variety of issues that may require further investigation, such as the link between changes in relative wages and the distributional effects of adjustment policies.

Development Macroeconomics

Download Development Macroeconomics PDF Online Free

Author :
Publisher : Princeton University Press
ISBN 13 : 140086626X
Total Pages : 792 pages
Book Rating : 4.4/5 (8 download)

DOWNLOAD NOW!


Book Synopsis Development Macroeconomics by : Pierre-Richard Agénor

Download or read book Development Macroeconomics written by Pierre-Richard Agénor and published by Princeton University Press. This book was released on 2015-06-23 with total page 792 pages. Available in PDF, EPUB and Kindle. Book excerpt: The global financial crisis triggered severe shocks for developing countries, whose embrace of greater commercial and financial openness has increased their exposure to external shocks, both real and financial. This new edition of Development Macroeconomics has been fully revised to address the more open and less stable environment in which developing countries operate today. Describing the latest advances in this rapidly changing field, the book features expanded coverage of public debt and the management of capital inflows as well as new material on fiscal discipline, monetary policy regimes, currency, banking and sovereign debt crises, currency unions, and the choice of an exchange-rate regime. A new chapter on dynamic stochastic general equilibrium (DSGE) models with financial frictions has been added to reflect how the financial crisis has reshaped our thinking on the role of such frictions in generating and propagating real and financial shocks. The book also discusses the role of macroprudential regulation, both independently and through its interactions with monetary policy, in preserving financial and macroeconomic stability. Now in its fourth edition, Development Macroeconomics remains the definitive textbook on the macroeconomics of developing countries. The most authoritative book on the subject—now fully revised and expanded Features new material on fiscal discipline, monetary policy regimes, currency, banking and sovereign debt crises, and much more Comes with online supplements on informal financial markets, stabilization programs, the solution of DSGE models with financial frictions, and exchange rate crises

Inflation and Disinflation

Download Inflation and Disinflation PDF Online Free

Author :
Publisher : University of Chicago Press
ISBN 13 : 9780226471105
Total Pages : 364 pages
Book Rating : 4.4/5 (711 download)

DOWNLOAD NOW!


Book Synopsis Inflation and Disinflation by : Leonardo Leiderman

Download or read book Inflation and Disinflation written by Leonardo Leiderman and published by University of Chicago Press. This book was released on 1993-07-15 with total page 364 pages. Available in PDF, EPUB and Kindle. Book excerpt: During the early 1980s, Israel's inflation rate rose to almost 500% per year—one of the highest inflation rates in the developed world. In 1985, the Israeli government implemented a program that immediately reduced inflation to 15%-20%, where it remained for the rest of the decade. How did the economy deal with these major changes so rapidly and successfully? In these eighteen articles, Leonardo Leiderman discusses why the Israeli plan worked and considers how other countries might benefit from similar policies. Even though standard economic models predict that output will drop and unemployment will rise during disinflation, Israel saw a boom in private consumption and large increases in real wages that lasted for about three years. To understand how the effects of Israeli disinflation policies defied typical expectations, Leiderman investigates how monetary fiscal policy determined Israel's runaway inflation and how the country brought its economy abruptly under control. He finds that rates of inflation and consumption depend on the public's expectations about future fiscal adjustments and that foreign trade shocks do not inevitably lead to a long-term rise in the inflation rate. His illumination of international trade and domestic policies, past and present, will interest academic economists and policymakers alike.

IMF Working Paper

Download IMF Working Paper PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : 440 pages
Book Rating : 4.:/5 (31 download)

DOWNLOAD NOW!


Book Synopsis IMF Working Paper by :

Download or read book IMF Working Paper written by and published by . This book was released on 1997 with total page 440 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Price Controls and Electoral Cycles

Download Price Controls and Electoral Cycles PDF Online Free

Author :
Publisher : International Monetary Fund
ISBN 13 : 1451851227
Total Pages : 24 pages
Book Rating : 4.4/5 (518 download)

DOWNLOAD NOW!


Book Synopsis Price Controls and Electoral Cycles by : Pierre-Richard Agénor

Download or read book Price Controls and Electoral Cycles written by Pierre-Richard Agénor and published by International Monetary Fund. This book was released on 1993-11-01 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper studies the interactions between electoral considerations and the imposition of price controls by opportunistic policymakers. The analysis shows that a policy cycle emerges in which price controls are imposed in periods leading to the election, and removed immediately afterwards. The shape of the cycle is shown to depend on the periodicity of elections, the relative weight attached by the public to inflation as opposed to the macroeconomic distortions associated with price controls, the nature of wage contracts, and the degree of uncertainty about the term in office.

Publications Catalog

Download Publications Catalog PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : 112 pages
Book Rating : 4.3/5 ( download)

DOWNLOAD NOW!


Book Synopsis Publications Catalog by : International Monetary Fund

Download or read book Publications Catalog written by International Monetary Fund and published by . This book was released on 1998 with total page 112 pages. Available in PDF, EPUB and Kindle. Book excerpt:

NBER Macroeconomics Annual 1995

Download NBER Macroeconomics Annual 1995 PDF Online Free

Author :
Publisher : MIT Press
ISBN 13 : 9780262522052
Total Pages : 364 pages
Book Rating : 4.5/5 (22 download)

DOWNLOAD NOW!


Book Synopsis NBER Macroeconomics Annual 1995 by : Ben S. Bernanke

Download or read book NBER Macroeconomics Annual 1995 written by Ben S. Bernanke and published by MIT Press. This book was released on 1996 with total page 364 pages. Available in PDF, EPUB and Kindle. Book excerpt: Contents : Wage Inequality and Regional Unemployment Persistence: U.S. vs. Europe, Guiseppe BErtola and Andreas Ichino. Capital Utilization and Returns to Scale, Craig Burnside, Martin Eichenbaum, and Sergio Rebelo. Banks and Derivatives, Gary Gorton and Richard Rosen. Exchange-Rate-Based Stabilizations: Theory and Evidence, Sergio Rebelo and Carlos Vegh. Inflation Indicators and Inflation Policy, Stephen Cecchetti. Recent Central Bank Reforms and the Role of Price Stability as the Sole Objective of Monetary Policy, Carl Walsh. Is Central Bank Independence (and Low Inflation) the Result of Effective Financial Opposition to Inflation?, Adam Posen. The Unending Quest for Monetary Salvation, Stanley Fischer.

IMF Survey

Download IMF Survey PDF Online Free

Author :
Publisher :
ISBN 13 :
Total Pages : 460 pages
Book Rating : 4.F/5 ( download)

DOWNLOAD NOW!


Book Synopsis IMF Survey by : International Monetary Fund

Download or read book IMF Survey written by International Monetary Fund and published by . This book was released on 1997 with total page 460 pages. Available in PDF, EPUB and Kindle. Book excerpt: