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9 Case Studies of Four Large Economies

9 Case Studies of Four Large Economies »

Source: Wage Determination and Incomes Policy in Open Economies

Series: Books

Author(s): Anne Braun

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 September 1986

ISBN: 9780939934751

Keywords: wage, inflation, wages, wage increases, wage bargaining

Chapters 9 and 10 consist of case studies and some general conclusions on labor market organization and incomes policies since the 1960s in the United Kingdom, Japan, the Federal Republic of Ger...

10 Case Studies of Three Small Economies

10 Case Studies of Three Small Economies »

Source: Wage Determination and Incomes Policy in Open Economies

Series: Books

Author(s): Anne Braun

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 September 1986

ISBN: 9780939934751

Keywords: wage, inflation, wages, wage increases, wage bargaining

Strongly institutionalized incomes policies have been a persistent feature of economic management in Austria, the Netherlands, and Norway, 1 contributing to the achievement of rea...

CHAPTER 1 Choice of Exchange Rate Regime for a Smaller Economy: A Survey of Some Key Issues

CHAPTER 1 Choice of Exchange Rate Regime for a Smaller Economy: A Survey of Some Key Issues »

Source: Choosing an Exchange Rate Regime : The Challenge for Smaller Industrial Countries

Series: Books

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 September 1990

ISBN: 9781557751331

Keywords: exchange rate, inflation, monetary policy, exchange rates, real exchange rate

Introduction Since the collapse of Bretton Woods in early 1973 a smaller country has had the option of adopting a potentially wide variety of exchange rate policies. A first option i...

CHAPTER 6 Credibility and Asymmetries in the EMS

CHAPTER 6 Credibility and Asymmetries in the EMS »

Source: Choosing an Exchange Rate Regime : The Challenge for Smaller Industrial Countries

Series: Books

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 September 1990

ISBN: 9781557751331

Keywords: exchange rate, inflation, monetary policy, exchange rates, real exchange rate

I. Introduction In light of the skepticism with which it was initially received, the European Monetary System (EMS) has surprised many by the sheer fact of its survival. Indeed, the...

CHAPTER 3 Exchange Rate Experiences of Small EMS Countries: Belgium, Denmark, and the Netherlands

CHAPTER 3 Exchange Rate Experiences of Small EMS Countries: Belgium, Denmark, and the Netherlands »

Source: Choosing an Exchange Rate Regime : The Challenge for Smaller Industrial Countries

Series: Books

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 September 1990

ISBN: 9781557751331

Keywords: exchange rate, inflation, monetary policy, exchange rates, real exchange rate

In this paper we address issues relating to the exchange rate policies of the small European Monetary System (EMS) countries since 1979. We will consider whether these policies have...

CHAPTER 5 Exchange Rate Policy in Advanced Commodity-Exporting Countries: Australia and New Zealand

CHAPTER 5 Exchange Rate Policy in Advanced Commodity-Exporting Countries: Australia and New Zealand »

Source: Choosing an Exchange Rate Regime : The Challenge for Smaller Industrial Countries

Series: Books

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 September 1990

ISBN: 9781557751331

Keywords: exchange rate, inflation, monetary policy, exchange rates, real exchange rate

I. Introduction Exchange rate policy in Australia and New Zealand in the 1970s and 1980s was characterized by extremes. During the 1970s and the first half of the 1980s, both countri...

CHAPTER 4 Exchange Rate Policy, Inflation, and Unemployment: The Nordic EFTA Countries*

CHAPTER 4 Exchange Rate Policy, Inflation, and Unemployment: The Nordic EFTA Countries* »

Source: Choosing an Exchange Rate Regime : The Challenge for Smaller Industrial Countries

Series: Books

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 September 1990

ISBN: 9781557751331

Keywords: exchange rate, inflation, monetary policy, exchange rates, real exchange rate

I. Introduction Since the breakdown of the Bretton Woods system in 1971 and the subsequent Smithsonian agreement in 1973, the Governments of the Nordic member countries of the Europe...

CHAPTER 2 Financial Market Integration and Exchange Rate Policy

CHAPTER 2 Financial Market Integration and Exchange Rate Policy »

Source: Choosing an Exchange Rate Regime : The Challenge for Smaller Industrial Countries

Series: Books

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 September 1990

ISBN: 9781557751331

Keywords: exchange rate, inflation, monetary policy, exchange rates, real exchange rate

I. Introduction One of the major structural changes in the international economy during the past two decades has been the growing integration of capital markets in the industrial cou...

CHAPTER 7 Fiscal Constraints of a Fixed Exchange Rate Regime

CHAPTER 7 Fiscal Constraints of a Fixed Exchange Rate Regime »

Source: Choosing an Exchange Rate Regime : The Challenge for Smaller Industrial Countries

Series: Books

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 September 1990

ISBN: 9781557751331

Keywords: exchange rate, inflation, monetary policy, exchange rates, real exchange rate

I. Introduction The drive toward monetary unification in Europe has brought with it significant differences of view as to whether formal constraints on participating countries’ fisca...

CHAPTER 8 Postscript: Exchange Rate Policy in Canada

CHAPTER 8 Postscript: Exchange Rate Policy in Canada »

Source: Choosing an Exchange Rate Regime : The Challenge for Smaller Industrial Countries

Series: Books

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 September 1990

ISBN: 9781557751331

Keywords: exchange rate, inflation, monetary policy, exchange rates, real exchange rate

The various papers given at this conference have a recurring theme, namely, that the optimal exchange rate strategy depends on the model, on the shocks that hit the economy, and on...