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Wage determination and incomes policy in open economies /

This volume deals with the nature of wage determination and the problem of securing an economically appropriate development of money incomes in an open economy over the medium term.

Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Braun, Anne Romanis (Autor)
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Washington, D.C. : International Monetary Fund, 1986.
Temas:
Acceso en línea:Texto completo
Tabla de Contenidos:
  • Contents
  • Preface
  • Part I.A Survey of the Use of Incomes Policy Since World War II
  • 1 What Incomes Policy Is a n d When It Has Been Used
  • 2 Incomes Policy Under Full Employment Policies and Fixed Exchange Rates
  • Policies of the Late 1940s and Early 1950s
  • Policies of the Early 1960s
  • Policies of the Late 1960s and Early 1970s
  • Strengthening International Transmission of Inflation from 1945 to 1973
  • Opposing Views of the Need for Incomes Policy
  • Results of Incomes Policies Under Fixed Exchange Rates
  • 3 Incomes Policy After the Inflationary Crisis of 1973New Setting for Incomes Policy
  • Demand Policies and Recourse to Incomes Policy Measures
  • The Problem of Stabilization in an Open Economy
  • The Role of Incomes Policy
  • Part II. The Scope for Incomes Policy in Theory and Practice
  • 4 Incomes Policy Under Fixed Exchange Rates in the 1960s
  • The Process of Cost Inflation
  • Effectiveness of Aggregate Demand Policy in Countering Cost Inflation
  • Factors Influencing Cost Inflation in Particular Countries
  • The Scope for Incomes Policy in the Mid-1960s
  • 5 The Changed Context for Incomes Policy in the 1970sStrengthening Tendencies to Inflation During the 1960s
  • The Industrial Countries as a Closed Economy
  • National Experience of Increasing Inflationary Pressure, 1968-70
  • Consequences of Delayed Adjustment of Exchange Rates
  • Legacy of the Early 1970s
  • 6 Incomes Policy and Economic Theory
  • The Monetarist Counterrevolution and Theory of Unemployment
  • The Monetarist View of the Economy
  • An Alternative View: Discontinuous Adjustment Under Imperfect Competition
  • Need for a More Realistic Theoretical FrameworkRelation Between Unemployment and Inflation in a Closed Economy
  • 7 Demand Expansion, Inflation, and Real Output Growth Under Imperfect Competition
  • Unsymmetrical Response to Acceleration or Deceleration of Demand
  • Differing Response to Marked or Gradual Changes in Demand
  • Productivity Growth and the Level of Employment
  • 8 Indexation of Wages: A Monetarist Prescription
  • Wage Bargaining and Indexation
  • Case for Indexation in the Early 1970s
  • Characteristics of Wages Indexation in Practice
  • Experience with Indexation in Selected CountriesThe Case For and Against Indexation
  • Part III. Wage Bargaining Institutions, Incomes Policy, and Demand Management Since the 1960s
  • 9 Case Studies of Four Large Economies United Kingdom: Incomes Policies of the 1970s
  • United Kingdom: Incomes Policies of the 1970s
  • Japan and the Federal Republic of Germany: Wage Bargaining Systems
  • Canada: The Anti-Inflation Program of 1975â€?78
  • 1O Case Studies of Three Small Economies
  • Austria: The Social Partnership