Wage Determination and Incomes Policy in Open Economies

Front Cover
International Monetary Fund, Sep 15, 1986 - Business & Economics - 403 pages
Written by Anne Romanis Braun, a former staff member of the IMF's Research Department, this volume deals with the nature of wage determination and the problem of securing an economically appropriate development of money incomes in an open economy over the medium term.
 

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Contents

Incomes Policy and Economic Theory
130
The Monetarist View of the Economy
139
Discontinuous Adjustment
146
Need for a More Realistic Theoretical Framework
154
Influence of the Rate of Acceleration of Demand
166
A Monetarist
176
Wage Bargaining Institutions
207
Lessons from the Experience with Incomes
223
1O Case Studies of Three Small Economies
255
Incomes Policies of the 1970s
268
Intermittent Recourse to Statutory Incomes
277
Determination in Open Industrial
317
Wage Bargaining Characteristics of Industrial
334
Recent Development of Employment
341

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