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Lahiri, Ashok - 1991

Yugoslav inflation unfolded as a classic wage-price-exchange rate spiral through the 1970s and 1980s and exploded into hyperinflation in the last quarter of 1989. This paper examines the process of monetary accommodation of inflation, the behavior of demand for money, and the interaction between...

Persistent link: https://www.econbiz.de/10014396351

Demand Patterns in France, Germany, and Belgium : Can We Explain the Differences?

Lebrun, Igor - 2014

core. This paper puts recent demand patterns in France, Germany, and Belgium into historical perspective. We find that …

Persistent link: https://www.econbiz.de/10014411522

Risk Neutrality and the Two-Tier Foreign Exchange Market : Evidence from Belgium

International Monetary Fund - 1989

In this paper we develop and test a model of a utility maximizing representative agent operating in the Belgium … is not rejected in some additional tests relating the Belgium-Luxembourg two-tier market: spread to some Belgian policy …

Persistent link: https://www.econbiz.de/10014395812

Labor Market Issues in Belgium : An International Perspective

Moghadam, Reza - 1993

government’s recent labor market initiatives. The labor market in Belgium is found to suffer from a number of structural problems … Belgium will help to ameliorate some of the underlying problems but they are unlikely to completely address the underlying …

Persistent link: https://www.econbiz.de/10014396311

Pension Reform in Belgium

International Monetary Fund - 1996

This paper reviews the financial implications of aging for the pension system in Belgium during 1995-2050. Our … countries. In Belgium, the problem is particularly acute in the pension system for civil servants. The impact of amending …

Persistent link: https://www.econbiz.de/10014396528

Narrowing Vertical Fiscal Imbalances in Four European Countries

Karpowicz, Izabela - 2012

) - defined as the share of sub-national own spending not financed through own revenues - in four European countries: Belgium …-national governments in Belgium, Italy, and Spain, while re-centralization of health sector expenditures was the cause of the decline in …

Persistent link: https://www.econbiz.de/10014396839

Unemployment Hysteresis, Wage Determination, and Labor Market Flexibility : The Case of Belgium

International Monetary Fund - 1994

Belgium can cause a downward rigidity in real wages, given the multi-tier real wage bargaining process. Recent initiatives …

Persistent link: https://www.econbiz.de/10014398156

Testing the Credibility of Belgium's Exchange Rate Policy

Halikias, Ioannis - 1993

This paper examines the credibility of the exchange rate policy pursued by the Belgian monetary authorities of pegging the Belgian franc to a narrow fluctuation band around the deutsche mark, in the context of the exchange rate mechanism of the European Monetary System. Simple interest rate...

Persistent link: https://www.econbiz.de/10014398198

Testing the Credibility of the Belgian Hard Currency Policy

Koen, Vincent - 1991

-of-return bands, overcomes this difficulty. It is applied to Belgium, which in May 1990 hardened its exchange rate policy stance …

Persistent link: https://www.econbiz.de/10014398199

The Role of Foreign Currency Debt in Public Debt Management

International Monetary Fund - 1995

of public debt management theories. It discusses the experience of Belgium, Denmark, Ireland, Italy, New Zealand and …

Persistent link: https://www.econbiz.de/10014398634