Cover IMF Staff Country Reports
Finland: Selected Issues and Statistical Appendix
Author: International Monetary Fund
Series:
IMF Staff Country Reports
Volume/Issue:
Volume 1996: Issue 095
Language:
English
Publication Date:
16 Sep 1996
DOI:
https://doi.org/10.5089/9781451813128.002
ISBN:
9781451813128
ISSN:
1934-7685
Pages:
96
Keywords:
ISCR; CR; exchange rate; CPI inflation; equilibrium exchange rate; nominal wage inflation; bank lending; real wage growth; Real exchange rates; Real wages; Exchange rates; Credit; Inflation
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This Selected Issues paper and Statistical Appendix examines inflation and wage dynamics in Finland. The paper discusses the data set used (quarterly data covering from 1975 to 1995) and the statistical properties of the relevant time series. It presents the model and the empirical estimates, and provides an outlook for consumer price index and nominal wage inflation for 1996:Q1–2001:Q4. The paper examines the determinants of the equilibrium real exchange rate, and also analyzes the Finnish banking system and the credit crunch hypothesis.
Cover IMF Staff Country Reports
IMF Staff Country Reports
ISSN:
1934-7685
Publisher:
International Monetary Fund