Examining Price Wage Dynamics In A Small Open Economy The Case Of Uruguay
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Examining Price Wage Dynamics In A Small Open Economy The Case Of Uruguay
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Author : Mr. Pau Rabanal
language : en
Publisher: International Monetary Fund
Release Date : 2024-05-24
Examining Price Wage Dynamics In A Small Open Economy The Case Of Uruguay written by Mr. Pau Rabanal and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2024-05-24 with Business & Economics categories.
The recent increase of inflation globally has led to a renewed interest in understanding the link between inflation and wages. In Uruguay, the presence of centralized wage bargaining and indexation practices raises the question as to what extent wage growth dynamics can make the response of inflation to shocks more persistent. We use a medium-scale DSGE model which incorporates indexation in the wage setting equation to analyze the interactions between wage setting behavior and other macroeconomic variables, as well as the role of monetary policy. The analysis suggests that wage indexation increases the persistence of the response of inflation to domestic and foreign shocks, it also affects the monetary policy transmission mechanism and the severity of the trade-offs faced by the central bank.
Uruguay
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Author : International Monetary Fund. Western Hemisphere Dept.
language : en
Publisher: International Monetary Fund
Release Date : 2024-07-11
Uruguay written by International Monetary Fund. Western Hemisphere Dept. and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2024-07-11 with categories.
In 2023, Uruguay confronted the impact of a once-in-a-century drought, causing significant direct losses to the primary sector. The economic situation in Argentina created further headwinds for Uruguay, although with no signs of financial spillovers. The economy remained resilient, owing to the authorities’ sound macroeconomic policies, the country’s political stability, and strong institutions. The current administration, in office since 2020, has implemented a significant upgrade of the fiscal and monetary policy frameworks and has advanced decisive structural reforms. Consolidating these gains should be the most important priority.
Comprehensive Dissertation Index
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Author :
language : en
Publisher:
Release Date : 1989
Comprehensive Dissertation Index written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1989 with Dissertations, Academic categories.
American Doctoral Dissertations
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Author :
language : en
Publisher:
Release Date : 1995
American Doctoral Dissertations written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1995 with Dissertation abstracts categories.
Comprehensive Dissertation Index Business Economics A K
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Author :
language : en
Publisher:
Release Date : 1984
Comprehensive Dissertation Index Business Economics A K written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1984 with Dissertations, Academic categories.
Dissertation Abstracts International
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Author :
language : en
Publisher:
Release Date : 1990
Dissertation Abstracts International written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1990 with Dissertations, Academic categories.
Abstracts of dissertations available on microfilm or as xerographic reproductions.
Index To Theses With Abstracts Accepted For Higher Degrees By The Universities Of Great Britain And Ireland And The Council For National Academic Awards
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Author :
language : en
Publisher:
Release Date : 2003
Index To Theses With Abstracts Accepted For Higher Degrees By The Universities Of Great Britain And Ireland And The Council For National Academic Awards written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003 with Dissertations, Academic categories.
Theses on any subject submitted by the academic libraries in the UK and Ireland.
The Department Of State Bulletin
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Author :
language : en
Publisher:
Release Date : 1989
The Department Of State Bulletin written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1989 with United States categories.
Index To American Doctoral Dissertations
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Author :
language : en
Publisher:
Release Date : 1989
Index To American Doctoral Dissertations written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1989 with Dissertations, Academic categories.
Bibliography Of Agriculture
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Author :
language : en
Publisher:
Release Date : 1990
Bibliography Of Agriculture written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1990 with Agriculture categories.