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|z 9781451810455
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|a 1934-7685
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|a BD-DhAAL
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|a International Monetary Fund.
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|a Germany :
|b Selected Issues.
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|a Washington, D.C. :
|b International Monetary Fund,
|c 2004.
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|a 1 online resource (104 pages)
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|a IMF Staff Country Reports
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|a <strong>Off-Campus Access:</strong> No User ID or Password Required
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|a <strong>On-Campus Access:</strong> No User ID or Password Required
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|a Electronic access restricted to authorized BRAC University faculty, staff and students
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|a This Selected Issues paper on Germany reviews investment trends and business capital stock in Organization for Economic Co-operation and Developmenta(OECD) countries. Sharp wage increases are found to boost capital formation in the short term as employers substitute capital for labor at a rate that adjusts to the higher relative price for labor. To limit the political economy biases to fiscal policy, the paper explores options to strengthen budgetary institutions, notably more transparency; stronger budgetary rules; and more room for Lander governments to mobilize revenue and tailor spending to local circumstances.
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|a Mode of access: Internet
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|a IMF Staff Country Reports; Country Report ;
|v No. 2004/340
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| 856 |
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|z Full text available on IMF
|u http://elibrary.imf.org/view/journals/002/2004/340/002.2004.issue-340-en.xml
|z IMF e-Library
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