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Communication of central bank thinking and inflation dynamics
Tang, Man-Keung; Yu, Xiangrong - 2011
Persistent link: https://www.econbiz.de/10009423219
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Communication of Central Bank Thinking and Inflation Dynamics
Tang, Man-Keung - 2011
This paper studies the role of central bank communication of its economic assessment in shaping inflation dynamics … agents'' understanding of policy reasoning, could bring about less volatile inflation and interest rate dynamics, and afford …
Persistent link: https://www.econbiz.de/10014398309
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Credit and Exchange Rate-Based Stabilization
Khamis, May Y. - 1996
, and Israel support a negative statistically significant relationship between credit and inflation for Mexico, Argentina …, and Chile, but not for Israel. In addition, for both Chile and Mexico, dummy variables representing periods of inflation …This paper examines the behavior of private sector credit in chronic inflation countries that undergo exchange rate …
Persistent link: https://www.econbiz.de/10014398434
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Labor market reform options to boost employment in South Africa
Duval, Romain; Ji, Yi; Shibata, Ippei - 2021
Raising South Africa's low employment rate to levels seen in emerging market or advanced economy peers could raise GDP per capita by 50 to 60 percent and reduce income inequality dramatically in the long term. By putting further strain on an already fragile labor market, Covid-19 has raised the...
Persistent link: https://www.econbiz.de/10012612327
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A European minimum wage : implications for poverty and macroeconomic imbalances
Detragiache, Enrica; Ebeke, Christian; Jirasavetakul, … - 2020
, higher prices, and a loss of social insurance benefits may erode direct benefits. Turning to competitiveness, since the MW …
Persistent link: https://www.econbiz.de/10012251363
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The minimum wage puzzle in less developed countries : reconciling theory and evidence
Adam, Christopher S.; Buffie, Edward F. - 2020
We show that a dynamic general equilibrium model with efficiency wages and endogenous capital accumulation in both the formal and (non-agricultural) informal sectors can explain the full range of confounding stylized facts associated with minimum wage laws in less developed countries
Persistent link: https://www.econbiz.de/10012170119
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Labor market regulations in low-, middle- and high-income countries : a new panel database
Aleksynska, Mariya; Schindler, Martin - 2011
Persistent link: https://www.econbiz.de/10009424813
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Minimum wage as a wage policy tool in Japan
Aoyagi, Chie; Ganelli, Giovanni; Tawk, Nour - 2016
the 2 percent inflation target, one policy implication of this finding is that, while the minimum wage plan will help … inflation target …
Persistent link: https://www.econbiz.de/10011716282
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Minimum wages and firm employment : evidence from China
Huang, Yi; Loungani, Prakash; Wang, Gewei - 2014
Persistent link: https://www.econbiz.de/10010441910
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Why is Unemployment High in the Philippines?
Brooks, Ray - 2002
Unemployment has remained high in the Philippines, at almost twice the level of neighboring countries, despite relatively fast employment growth in the past decade. Employment growth was not sufficient to reduce unemployment because of rapid population growth and increased labor force...
Persistent link: https://www.econbiz.de/10014400059