Wage Stabilization Program
Author: United States. Congress. Senate. Committee on Labor and Public Welfare
Publisher:
Published: 1951
Total Pages: 200
ISBN-13:
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Author: United States. Congress. Senate. Committee on Labor and Public Welfare
Publisher:
Published: 1951
Total Pages: 200
ISBN-13:
DOWNLOAD EBOOKAuthor: United States. Congress. Senate. Committee on Labor and Public Welfare. Subcommittee on Labor and Labor-Management Relations
Publisher:
Published: 1951
Total Pages: 236
ISBN-13:
DOWNLOAD EBOOKAuthor: United States. Wage Stabilization Board
Publisher:
Published: 1953
Total Pages: 452
ISBN-13:
DOWNLOAD EBOOKAuthor: United States. Department of the Treasury. Office of Economic Stabilization
Publisher:
Published: 1974
Total Pages: 832
ISBN-13:
DOWNLOAD EBOOKAuthor: World Institute for Development Economics Research
Publisher: MIT Press
Published: 1988
Total Pages: 452
ISBN-13: 9780262022798
DOWNLOAD EBOOKRampant inflation is a major economic problem in many of the less developed countries; two out of three attempts to stabilize these economies fail. Inflation Stabilization provides a valuable description and a critical analysis of the disinflation programs introduced in Argentina, Bolivia, Brazil, and Israel in 1985-86, and discusses the possibility of such a program in Mexico. It documents the initial steps in stabilization as well as the reasons for failure.As architects of the programs, several of the authors are in key positions to assess which aspects were critical in getting the programs accepted and where to look for difficulties and failures. In Israel, inflation was halted without recession. The challenge to policy makers today is in shifting from stabilization to the revival of sustained growth. This experience is described fully by Michael Bruno and Sylvia Piterman, who examine the critical issue of exchange rates, and by Alex Cukierman, who uses modeling to analyze the interaction of money, wages, prices, and activity under rational expectations that take the government's policy objectives into account.Endemic inflation and a sudden increase in external debt burden Argentina's economy, raising the wider issues of high inflation economies and stabilization that are discussed in the chapter by José Luis Machinea and that by Guido Di Tella and Alfredo Canavese.Eduardo Modiano and Mario Simonsen take up issues of wages in Brazil, particularly the problem of finding an equitable way to deal with a wage freeze; Simonsen develops an ambitious game theoretic rationalization of incomes policy as a coordinating device for imperfectly competitive economies. Bolivia did reach hyperinflation (price increases of more than 50 percent each month) before stabilizing. Juan Antonio Morales shows how stabilizing the exchange rate, in an economy where all pricing was already geared to the dollar, achieved stabilization without a wage or price freeze. And Francisco Gil Diaz asks whether an incomes-policy based program could work to control ever increasing inflation in Mexico.
Author: United States. National Wage Stabilization Board
Publisher:
Published: 1948
Total Pages: 630
ISBN-13:
DOWNLOAD EBOOKAuthor: Arthur Julius Holmaas
Publisher:
Published: 1950
Total Pages: 148
ISBN-13:
DOWNLOAD EBOOKAuthor: United States. Bureau of Labor Statistics
Publisher:
Published: 1950
Total Pages: 394
ISBN-13:
DOWNLOAD EBOOKAuthor: United States. Wage Stabilization Board
Publisher:
Published: 1951
Total Pages: 24
ISBN-13:
DOWNLOAD EBOOKAuthor: United States. National War Labor Board (1942-1945)
Publisher:
Published: 1945
Total Pages: 72
ISBN-13:
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