1 Subjects: “...Wage Level and Structure...”

2 Subjects: “...Interest Rates: Determination, Term Structure, and Effects...”

3 “.... A structural micro-macro simulation model is used to that end. It is anchored in the balance sheets...”

4 “... bearing on macroeconomic dynamics precisely due to that multi-bank structure. It would lose its impact...”

5 “... and structural transformation along the path that financial sectors around the world will need to adapt...”