Euro Area Policies : Selected Issues.

This Selected Issues paper for euro area policies analyzes the product market regulation and benefits of wage moderation. The paper identifies structural shifts in the relationship between wages and unemployment rates-a 'wage curve'-in 20 industrial countries. It reviews euro area and cros...

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Библиографические подробности
Соавтор: International Monetary Fund
Формат: Журнал
Язык:English
Опубликовано: Washington, D.C. : International Monetary Fund, 2005.
Серии:IMF Staff Country Reports; Country Report ; No. 2005/266
Online-ссылка:Full text available on IMF
Описание
Итог:This Selected Issues paper for euro area policies analyzes the product market regulation and benefits of wage moderation. The paper identifies structural shifts in the relationship between wages and unemployment rates-a 'wage curve'-in 20 industrial countries. It reviews euro area and cross-country developments in labor costs and their bivariate relationship with unemployment rates and business GDP. The paper also examines aspects of the European Central Bank's monetary analysis, within the context of their overall two-pillar policy framework, and issues surrounding its use.
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Объем:1 online resource (180 pages)
Формат:Mode of access: Internet
ISSN:1934-7685
Доступ:Electronic access restricted to authorized BRAC University faculty, staff and students