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150128 ||| eng |
| 020 |
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|a 9781451947137
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| 245 |
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0 |
|a IMF Staff papers
|b Volume 40 No. 2
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| 260 |
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|a Washington, D.C.
|b International Monetary Fund
|c 1993
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| 300 |
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|a 256 pages
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| 651 |
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4 |
|a United States
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| 653 |
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|a Exchange rate arrangements
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| 653 |
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|a Banks
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| 653 |
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|a Labour; income economics
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| 653 |
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|a Public finance & taxation
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| 653 |
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|a Banks and banking
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| 653 |
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|a Currency; Foreign exchange
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| 653 |
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|a Deflation
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| 653 |
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|a Trade Policy
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| 653 |
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|a Debts, Public
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| 653 |
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|a Wage indexation
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| 653 |
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|a Exports and Imports
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| 653 |
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|a Mortgages
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| 653 |
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|a Money
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| 653 |
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|a Labor
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| 653 |
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|a Foreign Exchange
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| 653 |
|
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|a Macroeconomics
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| 653 |
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|a Banking
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| 653 |
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|a Foreign exchange
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| 653 |
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|a Currency boards
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| 653 |
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|a Depository Institutions
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| 653 |
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|a Inflation
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| 653 |
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|a International Trade Organizations
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| 653 |
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|a Monetary economics
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| 653 |
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|a Debt Management
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| 653 |
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|a Monetary Policy, Central Banking, and the Supply of Money and Credit: General
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| 653 |
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|a Micro Finance Institutions
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| 653 |
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|a Debt
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| 653 |
|
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|a International economics
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| 653 |
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|a Sovereign Debt
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| 653 |
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|a Money supply
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| 653 |
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|a Price Level
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| 653 |
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|a Monetary base
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| 653 |
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|a Commercial policy
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| 653 |
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|a Wages, Compensation, and Labor Costs: Public Policy
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| 653 |
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|a Banks and Banking
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| 653 |
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|a Prices
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| 653 |
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|a Wages
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| 653 |
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|a Exchange rates
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| 653 |
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|a Public Finance
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| 653 |
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|a Money and Monetary Policy
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| 710 |
2 |
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|a International Monetary Fund
|b Research Dept
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| 041 |
0 |
7 |
|a eng
|2 ISO 639-2
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| 989 |
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|b IMF
|a International Monetary Fund
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| 490 |
0 |
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|a IMF Staff Papers
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| 028 |
5 |
0 |
|a 10.5089/9781451947137.024
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| 856 |
4 |
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|u https://elibrary.imf.org/view/journals/024/1993/001/024.1993.issue-001-en.xml?cid=29451-com-dsp-marc
|x Verlag
|3 Volltext
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| 082 |
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|a 330
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| 520 |
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|a The relationship between the degree of wage indexation chosen by private agents and the degree of public debt indexation chosen by the government is examined. It is shown that the government is likely to increase public debt indexation in response to an increase in wage indexation. By contrast, higher public debt indexation has an ambiguous effect on wage indexation. In equilibrium, wage and public debt indexation may be positively or negatively related. This relationship is analyzed in situations where the policymakers can precommit to policies and in those they cannot
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