World price trends and price and wage developments in Belgium: an investigation into the relevance of the Scandinavian model of inflation for Belgium
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Conc lus ions
Appendix to chapter I
The different sectors of the Belgian economy
24 other sections not shown
air transportation assumption average Belgian economy Belgium Building industry Cement Chemical industry Clay and ceramics Consequently consumer price cyclical unemployment devaluation Driehuis effect Engineering and shipbuilding equilibrium estimated exogenous explained export prices exposed sector ﬁg fixed exchange rate Food and beverages gas and water Glass-works gross domestic product hypothesis important inﬂation inflation rates Iron and steel Keynesian labour share Leuven long-run long-term Maritime and air monetarist monetary Non-ferrous non-traded open economies overall Paper and cardboard Phillips-curve ppap price equation price index price inflation price-taking productivity growth rate of change real wages Scandinavian model sewing and bookbinding sheltered sector Table Table Table Textile industry trade-off tradeables traded transmission mechanism unemployment rate Universiteit Antwerpen variables wage and price wage equation wage formation wage inflation wage transmission Wood and furniture world inflation world market world price zero