How Rigid are Nominal-Wage Rates? May 2001 PDF Download

Author: Bank of Canada
Publisher:
ISBN:
Category :
Languages : en
Pages : 28

View

Book Description

Author: Keith G. Banting
Publisher: McGill-Queen's Press - MQUP
ISBN: 1553394305
Category : Political Science
Languages : en
Pages : 485

View

Book Description
Building on the work presented in Styran and Taylor’s This Great National Object, which told the story of the first three Welland canals built in the nineteenth century, This Colossal Project chronicles an impressive milestone in the history of Canadian technological achievement and nation building.

Author: International Monetary Fund. Research Dept.
Publisher: International Monetary Fund
ISBN: 9781589060326
Category : Business & Economics
Languages : en
Pages : 264

View

Book Description
The World Economic Outlook, published twice a year in English, French, Spanish, and Arabic, presents IMF staff economists analyses of global economic developments during the near and medium term. Chapters give an overview of the world economy; consider issues affecting industrial countries, developing countries, and economies in transition to market; and address topics of pressing current interest. Annexes, boxes, charts, and an extensive statistical appendix augment the text.

Author: Keith G. Banting
Publisher: IRPP
ISBN: 9780886451905
Category : Canada
Languages : en
Pages : 332

View

Book Description
The chapters in this volume provide experts' views of specific dimensions of the economic & social developments in Canada during the 1990s. The chapters are organized into four sections dealing with basic concepts, the public view of economic & social trends, changes in key public policies, and outcomes in terms of the economic, social, & environmental record of the 1990s. Specific topics covered include the concept of social progress, defining & measuring social progress, monetary policy, the relationship between social capital & the economy, unemployment, deficit elimination, fiscal policy, trade liberalization, income security policy, income distribution, labour market outcomes, child well-being, and economic growth & environmental degradation.

Author: Helena Chytilova
Publisher: Taylor & Francis
ISBN: 1315304465
Category : Business & Economics
Languages : en
Pages : 192

View

Book Description
The concept of money illusion, a recently resurrected phenomenon of behavioral economics, is a real fact of economic life, the potential role of which should no longer be dismissed. Despite money illusion being utterly suppressed by mainstream economists, small deviations from rationality, together with trends in behavioral economics, alleviate the denial of money illusion induced by the rational expectations revolution. This book argues that money illusion seems to be a ubiquitous phenomenon, affecting various areas such as financial markets, housing markets, labor markets, consumption-saving decisions, and even development at the aggregate level induced by coordination issues. Furthermore, in light of the educational efforts of central banks and other institutions, it is worth considering whether solid economic training would provide guidance for the public regarding their decision-making and thereby alleviate the effects of money illusion. The emerging field of experimental economics provides a unique opportunity for us to verify the presence of money illusion. Specifically, attention is devoted to the experimental investigation of reduction in the direct and indirect effects of money illusion with respect to the level of economic literacy acquired through economic education. Economic Literacy and Money Illusion will be of interest to the general audience and to those who are interested in behavioral economics, economics education, and experimental economics, as well as to policy makers and institutions. Last but not least, it will help develop students’ interest in alternative economic theories. NB. The research and writing of this book was made possible with the support of the University of Economics, Prague, Faculty of Economics, Department of Economics.

Author: Hannu Piekkola
Publisher: Springer Science & Business Media
ISBN: 3790815985
Category : Business & Economics
Languages : en
Pages : 190

View

Book Description
Hannu Piekkola and Kenneth Snellman ETLA, The Research Institute of the Finnish Economy, Helsinki, Finland The Labour Institute for Economic Research, Helsinki, Finland 1 The Basic Issues Wages have traditionally been agreed on collectively in Europe. The articles in this volume examine the current state of collective bargaining as well as the ch- lenges it is currently facing. The issues examined in these papers have a wide applicability to problems on the European labour markets. Torben M. Andersen and Steinar Holden review challenges from globalisation and inter-industry trade and the adaptation to a low-inflation environment. The other contributions are part of the project investigating collective bargaining in Finland, carried out by ETLA (the Research Institute of the Finnish Economy) and the Labour Institute for E- nomic Research. Some of them use results from a Finnish survey carried out by the two institutes ETLA and the Labour Institute on the views of employers and employees about labour relations and the labour market negotiation system. Bargaining systems are complex and their future development depends on their historical evolution, recent and past experiences, and the current situation in the labour market, as well as changes in the international environment. By examining the past functioning of the bargaining system one can observe how different e- ments in it have interacted with various factors in the environment of the system.

Author: Pierre Cahuc
Publisher: MIT Press (MA)
ISBN:
Category : Business & Economics
Languages : en
Pages : 192

View

Book Description
How to manage the unemployment that occurs in the process of the continuous job destruction and creation responsible for growth in today's economies: what recent economic research tells us about wages, incentives to work, and education.

Author: Ms.Rina Bhattacharya
Publisher: International Monetary Fund
ISBN: 1451855931
Category : Business & Economics
Languages : en
Pages : 43

View

Book Description
This paper addresses the issue of the appropriate exchange rate regimes for Jordan and Lebanon in the context of the literature on optimum currency areas and the arguments concerning the use of the exchange rate as a nominal anchor for the economy. It presents some empirical results on the nature of output shocks in Jordan and Lebanon in the recent past, on the price sensitivity of exports from Jordan, and on currency and asset substitution in both countries. It does not directly address the issue of whether the current exchange rate in either country is overvalued or not, nor does it discuss the issue of an appropriate exit strategy from the current peg.

Author: International Monetary Fund. Research Dept.
Publisher: International Monetary Fund
ISBN: 1589065980
Category : Business & Economics
Languages : en
Pages : 301

View

Book Description
The IMF's World Economic Outlook is packed with country specific facts, figures, and worldwide projections that present the outlook for growth, inflation, trade, and other economic developments in a clear, practical format. Leading international economists pull together the latest data on key topics, producing informed projections and policy analyses that show where the global economy is headed in the years to come. Business executives, policymakers, bankers, investors, marketing strategists, and economists worldwide refer to the WEO with confidence because it delivers a balanced view of the current economic situation, built upon the respected and extensive macroeconomic expertise and statistical resources of the IMF. The WEO is the product of a unique international exercise in information gathering and analysis performed by over 1,000 economists on the IMF staff. An annual subscription to the World Economic Outlook, published at least twice a year in English, French, Spanish, and Arabic, offers a comprehensive assessment of the international economic situation as well as prospects for the future. With its analyses backed by the expertise and unparalleled resources of the IMF, the World Economic Outlook is the authoritative reference in its field. Today, when even small economic fluctuations can trigger major financial swings, the WEO supplies a solid source of actionable information and data.

Author: OECD
Publisher: OECD Publishing
ISBN: 9264193928
Category :
Languages : en
Pages : 186

View

Book Description
This 2001 edition of OECD's periodic economic reviews of Australia examines recent economic developments, policies and prospects and includes a special feature on sustainable development as well as annexes on business tax reform and environmental legislation.