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Ukraine
			: Accelerating the Transition to Market

Ukraine : Accelerating the Transition to Market »

Series: Books

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 19 February 1997

DOI: http://dx.doi.org/10.5089/9781557756190.071

ISBN: 9781557756190

Keywords: wage, benefits, pension, wages, inflation

Ukraine has made impressive progress in restructuring and stabilizing its economy over the past two years, and yet much remains to be done to revive output and establish a market economy. The 16 papers included in...

World Economic Outlook, October 2017
			: Seeking Sustainable Growth: Short-Term Recovery, Long-Term Challenges

World Economic Outlook, October 2017 : Seeking Sustainable Growth: Short-Term Recovery, Long-Term Challenges »

Series: World Economic Outlook

Author(s): International Monetary Fund. Research Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 October 2017

DOI: http://dx.doi.org/10.5089/9781484312490.081

ISBN: 9781484312490

Keywords: World Economic Outlook, Economic growth, Production growth, Gross domestric product growth, Growth acceleration, Climate policy, Climate changes, Climate changing activities, Wage increases, Wage policy

The global upswing in economic activity is strengthening. Global growth, which in 2016 was the weakest since the global financial crisis at 3.2 percent, is projected to rise to 3.6 percent in 2017 and to 3.7 percen...

Wage Indexation and Macroeconomic Stability

Wage Indexation and Macroeconomic Stability »

Source: Wage Indexation and Macroeconomic Stability : The Gray-Fischer Theorem Revisted

Volume/Issue: 1996/121

Series: IMF Working Papers

Author(s): Esteban Jadresic

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 November 1996

ISBN: 9781451854336

Keywords: wage, inflation, wage indexation, wages, money supply

Since the seminal papers by Gray (1976) and Fischer (1977) were published, the major theorem of the wage indexation literature has been that indexing wages stabilizes output when shocks are nominal and destabilizes...

Wage Indexation and the Cost of Disinflation

Wage Indexation and the Cost of Disinflation »

Source: Wage Indexation and the Cost of Disinflation

Volume/Issue: 1996/48

Series: IMF Working Papers

Author(s): Esteban Jadresic

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 May 1996

ISBN: 9781451846690

Keywords: wage, inflation, wages, wage indexation, money growth

While a standard academic presumption has been that wage indexation reduces the cost of disinflation, policymakers generally contend that wage indexing makes disinflation more difficult. To shed light on these view...

Uncontrolled Markets and the Inflationary Process in a Centrally Planned Economy

Uncontrolled Markets and the Inflationary Process in a Centrally Planned Economy »

Source: Uncontrolled Markets and the Inflationary Process in a Centrally Planned Economy

Volume/Issue: 1989/59

Series: IMF Working Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 26 July 1989

ISBN: 9781451965599

Keywords: inflation, wage, inflationary gap, wage rate, wages

This paper analyzes the inflationary process in a centrally planned economy which has an uncontrolled market where prices can move more freely. The maintenance of controls over prices and rationing in the economy l...

Price Liberalization in Russia

Price Liberalization in Russia »

Source: Price Liberalization in Russia : The Early Record

Volume/Issue: 1992/92

Series: IMF Working Papers

Author(s): Vincent Koen , and Steven Phillips

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 November 1992

ISBN: 9781451851564

Keywords: wage, inflation, minimum wage, price level

Prices in Russia have been decontrolled in several steps since early 1991, after decades of near-fixity. Their behavior before and after the January 1992 price liberalization is analyzed here, as are the associated...

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

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

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

Volume/Issue: 1997/38

Series: IMF Working Papers

Author(s): Joe Crowley

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 April 1997

ISBN: 9781451845655

Keywords: inflation, wage, wage indexation, wages, real wages

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-loo...

On Sand and the Role of Grease in Labor Markets

On Sand and the Role of Grease in Labor Markets »

Source: On Sand and the Role of Grease in Labor Markets : How Does Germany Compare?

Volume/Issue: 2002/164

Series: IMF Working Papers

Author(s): Jörg Decressin , and Anja Decressin

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 September 2002

ISBN: 9781451858006

Keywords: Wage Setting, Wage Rigidities, Inflation Targets, wage, inflation, wage increase, inflation rate, Wages, Compensation, and Labor Costs: General,

This paper investigates wage setting in (west) Germany using the German Socioeconomic Panel dataset on individuals and compares the findings with those available for the United Kingdom and the United States. The fr...

The Macroeconomic Consequences of Wage Indexation Revisited

The Macroeconomic Consequences of Wage Indexation Revisited »

Source: The Macroeconomic Consequences of Wage Indexation Revisited

Volume/Issue: 1998/15

Series: IMF Working Papers

Author(s): Esteban Jadresic

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 February 1998

ISBN: 9781451843231

Keywords: Wages, indexation, macroeconomics, wage, wage indexation, inflation rate

Since the mid-1970s, there has been considerable research on the macroeconomic consequences of wage indexation. Nonetheless, until recently, this research had not explicitly explored the implications of contracts t...

Shocks and Structural Breaks

Shocks and Structural Breaks »

Source: Shocks and Structural Breaks : Labor Market Reforms in the United Kingdom

Volume/Issue: 1994/152

Series: IMF Working Papers

Author(s): Eswar Prasad , and Ramana Ramaswamy

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 November 1994

ISBN: 9781451922653

Keywords: wage, labor market, wage inflation, labor market reforms

This paper analyzes the effects of the labor market reforms launched in the early 1980s by the Conservative government led by Mrs. Thatcher. It is argued that the increase in the growth of labor productivity in man...