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Exchange Rate Policies, Prices and Supply-side Response

2001-05-15 Business & Economics
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Release : 2001-05-15
Genre : Business & Economics
Kind : eBook
Book Rating : 539/5 ( reviews)

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Book Synopsis Exchange Rate Policies, Prices and Supply-side Response by : Christos Papazoglou

Download or read book Exchange Rate Policies, Prices and Supply-side Response written by Christos Papazoglou. This book was released on 2001-05-15. Available in PDF, EPUB and Kindle. Book excerpt: This book, based upon a large-scale research project, examines alternative types of exchange rate policies being pursued and the changing nature of exchange rate policy during the transition process in four countries, Slovenia, Bulgaria, Poland and the Czech Republic. The book brings together a series of original contributions by country experts and draws out some common themes and over-arching policy implications for the operation of exchange rate policy in the transition process.

Supply-Side Effects of Disinflation Programs

1994-07-01 Business & Economics
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Release : 1994-07-01
Genre : Business & Economics
Kind : eBook
Book Rating : 425/5 ( reviews)

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Book Synopsis Supply-Side Effects of Disinflation Programs by : Mr.Jorge Roldos

Download or read book Supply-Side Effects of Disinflation Programs written by Mr.Jorge Roldos. This book was released on 1994-07-01. Available in PDF, EPUB and Kindle. Book excerpt: This paper focuses on the short-run and long-run supply-side effects of disinflation programs in a two-sector economy. Fixing the exchange rate reduces the wedge between the return on foreign assets and that on domestic capital, leading to an increase in the latter. After an initial real exchange rate appreciation and increase in the production of nontradables—due to a consumption boom—the new capital is gradually installed in the tradable sector. During this transitional period, further real appreciation takes place—as the expansion of the tradable sector pulls labor away from the nontradable sector—together with investment-driven deficits in the current account. We conclude that when appreciation and deficits are due to supply-side rigidities, rather than to credibility and/or price stickiness, no further policies (i.e., capital controls, incomes policies) are advisable.

The Impact of Supply Side Policy Rules on Exchange Rates, Interest Rates and the Terms of Trade

1983 Foreign exchange
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Release : 1983
Genre : Foreign exchange
Kind : eBook
Book Rating : /5 ( reviews)

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Book Synopsis The Impact of Supply Side Policy Rules on Exchange Rates, Interest Rates and the Terms of Trade by : Colin Lawrence

Download or read book The Impact of Supply Side Policy Rules on Exchange Rates, Interest Rates and the Terms of Trade written by Colin Lawrence. This book was released on 1983. Available in PDF, EPUB and Kindle. Book excerpt:

Macroeconomic Policy

2015-10-05 Business & Economics
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Release : 2015-10-05
Genre : Business & Economics
Kind : eBook
Book Rating : 438/5 ( reviews)

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Book Synopsis Macroeconomic Policy by : Martin Weale

Download or read book Macroeconomic Policy written by Martin Weale. This book was released on 2015-10-05. Available in PDF, EPUB and Kindle. Book excerpt: This analysis of macroeconomic policy, originally published in 1989, argues that key government objectives, such as reduced inflation, decreased unemployment and an adequate level of national saving can be achieved only by employing both monetary and fiscal policies, in conjunction with supply-side policies expressly designed to improve the workings of the labour market. Part 1 is a comparative analysis showing the effects of monetary and fiscal policy on the economy. Real-wage rigidity in the labour market is shown to have important consequences for the working of both types of policy, because it conditions the economy’s response to tax changes. Part 2 presents an econometric model which combines consistent stock-flow accounts with a full range of expectational effects. Part 3 presents an innovative technique for solving rational expectations models with the need for arbitary terminal conditions.

THE IMPACT OF SUPPLY SIDE POLICY RULES ON EXCHANGE RATES AND THE TERMS OF TRADE: AN EXPLORATION UNDER ALTERNATIVE PRICE RULES

1983
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Release : 1983
Genre :
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Book Synopsis THE IMPACT OF SUPPLY SIDE POLICY RULES ON EXCHANGE RATES AND THE TERMS OF TRADE: AN EXPLORATION UNDER ALTERNATIVE PRICE RULES by : Colin LAWRENCE

Download or read book THE IMPACT OF SUPPLY SIDE POLICY RULES ON EXCHANGE RATES AND THE TERMS OF TRADE: AN EXPLORATION UNDER ALTERNATIVE PRICE RULES written by Colin LAWRENCE. This book was released on 1983. Available in PDF, EPUB and Kindle. Book excerpt:

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