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Wage Claims Incomes Policy And The Path Of Output And Inflation In A Formerly Centrally Planned Economy
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Book Synopsis Wage Claims, Incomes Policy, and the Path of Output and Inflation in a Formerly Centrally Planned Economy by : Mr.Gian Milesi-Ferretti
Download or read book Wage Claims, Incomes Policy, and the Path of Output and Inflation in a Formerly Centrally Planned Economy written by Mr.Gian Milesi-Ferretti and published by International Monetary Fund. This book was released on 1992-09-01 with total page 47 pages. Available in PDF, EPUB and Kindle. Book excerpt: The corporate governance problem of state enterprises in former socialist economies can give rise to excessive wage claims and/or capital decumulation. This paper focuses on these problems, highlighting the dynamic links between wage behavior, the fiscal deficit, inflation and the capital stock. Wage controls have been widely advocated as a response to the corporate governance problem. We show that in the presence of excessive wage claims a system of wage controls can help to limit capital decumulation and reduce inflation, since wage moderation implies higher government revenues from the profit tax and therefore lower money creation. More specifically, it is shown that when wage levels are initially excessive a reduction in the degree of wage indexation is effective in lowering inflation if nominal wages do not provide, on average, full protection against future inflation.
Book Synopsis Wage Claims, Incomes Policy and the Path of Output and Inflation in a Formerly Centrally Planned Economy by : Gian Maria Milesi-Ferretti
Download or read book Wage Claims, Incomes Policy and the Path of Output and Inflation in a Formerly Centrally Planned Economy written by Gian Maria Milesi-Ferretti and published by . This book was released on 1992 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Industrial Relations and Economic Performance by : David Metcalf
Download or read book Industrial Relations and Economic Performance written by David Metcalf and published by . This book was released on 1993 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Macroeconomic Consequences of Taxation in the '80s by : Andrew Newell
Download or read book Macroeconomic Consequences of Taxation in the '80s written by Andrew Newell and published by . This book was released on 1993 with total page 58 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Managing Without the Closed Shop by : Stephen Dunn
Download or read book Managing Without the Closed Shop written by Stephen Dunn and published by . This book was released on 1993 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Biblio List Updates in Print written by and published by . This book was released on 1994 with total page 786 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Consumer Confidence and Rational Expectations by : Daron Acemoglu
Download or read book Consumer Confidence and Rational Expectations written by Daron Acemoglu and published by . This book was released on 1993 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Adaptive Forecasts, Hysteresis and Fluctuations by : George W. Evans
Download or read book Adaptive Forecasts, Hysteresis and Fluctuations written by George W. Evans and published by . This book was released on 1993 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Strikes and Non-strike Action by : Simon Milner
Download or read book Strikes and Non-strike Action written by Simon Milner and published by . This book was released on 1993 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Impact of the Law on Industrial Disputes in the 1980s by : Jane Elgar
Download or read book The Impact of the Law on Industrial Disputes in the 1980s written by Jane Elgar and published by . This book was released on 1993 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Dimensionality and Stability of Organizational Commitment by : Riccardo Peccei
Download or read book The Dimensionality and Stability of Organizational Commitment written by Riccardo Peccei and published by . This book was released on 1993 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Job Search Activity and Changing Unemployment Benefit Entitlement by : John Schmitt
Download or read book Job Search Activity and Changing Unemployment Benefit Entitlement written by John Schmitt and published by . This book was released on 1993 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Transformation of Industrial Relations? by : David Metcalf
Download or read book Transformation of Industrial Relations? written by David Metcalf and published by . This book was released on 1993 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Disadvantage of Tying Their Hands by : Gian Maria Milesi-Ferretti
Download or read book The Disadvantage of Tying Their Hands written by Gian Maria Milesi-Ferretti and published by . This book was released on 1993 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Five Weeks in the Life of the Pound by : D. Robertson
Download or read book Five Weeks in the Life of the Pound written by D. Robertson and published by . This book was released on 1993 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Unemployment Generosity and Unemployment by : Pierre Fortin
Download or read book Unemployment Generosity and Unemployment written by Pierre Fortin and published by . This book was released on 1993 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Job Creation and Job Destruction in the Theory of Unemployment by : Dale Mortensen
Download or read book Job Creation and Job Destruction in the Theory of Unemployment written by Dale Mortensen and published by . This book was released on 1993 with total page 58 pages. Available in PDF, EPUB and Kindle. Book excerpt:
