Disinflation and the Supply Side:
Gespeichert in:
| Beteiligte Personen: | , |
|---|---|
| Format: | Elektronisch E-Book |
| Sprache: | Englisch |
| Veröffentlicht: |
Washington, D.C
The World Bank
1999
|
| Schlagwörter: | |
| Links: | http://elibrary.worldbank.org/content/workingpaper/10.1596/1813-9450-2304 |
| Beschreibung: | Weitere Ausgabe: Pizzati, Lodovico: Disinflation and the Supply Side |
| Umfang: | 1 Online-Ressource (38 Seiten) |
Internformat
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| 300 | |a 1 Online-Ressource (38 Seiten) | ||
| 336 | |b txt |2 rdacontent | ||
| 337 | |b c |2 rdamedia | ||
| 338 | |b cr |2 rdacarrier | ||
| 500 | |a Weitere Ausgabe: Pizzati, Lodovico: Disinflation and the Supply Side | ||
| 520 | 1 | |a March 2000 - What role do supply-side factors play in the dynamics of output and absorption in exchange rate-based stabilization programs? Agénor and Pizzati study the dynamics of output, consumption, and real wages induced by a disinflation program based on permanent and temporary reductions in the nominal devaluation rate. They use an intertemporal optimizing model of a small open economy in which domestic households face imperfect world capital markets, the labor supply is endogenous, and wages are flexible. The model predicts that, with a constant capital stock and no investment, there is an initial reduction in real wages and output expands. Consumption falls on impact but increases afterward. In addition, with a temporary shock, a current account deficit emerges and, later, a recession sets in, as documented in various studies. With endogenous capital accumulation, numerical simulations show that the model can also predict a boom in investment. This paper is a product of the Economic Policy and Poverty Reduction Division, World Bank Institute. The authors may be contacted at pagenor@worldbank.org and lpizzati@worldbank.org | |
| 534 | |c 1999 | ||
| 653 | |a Aggregate Demand | ||
| 653 | |a Assets | ||
| 653 | |a Capital | ||
| 653 | |a Capital Markets | ||
| 653 | |a Consumption | ||
| 653 | |a Currencies and Exchange Rates | ||
| 653 | |a Debt Markets | ||
| 653 | |a Devaluation | ||
| 653 | |a Economic Theory and Research | ||
| 653 | |a Elasticity | ||
| 653 | |a Elasticity Of Substitution | ||
| 653 | |a Emerging Markets | ||
| 653 | |a Exchange | ||
| 653 | |a Finance and Financial Sector Development | ||
| 653 | |a Financial Literacy | ||
| 653 | |a Goods | ||
| 653 | |a Interest | ||
| 653 | |a Investment | ||
| 653 | |a Macroeconomics and Economic Growth | ||
| 653 | |a Money | ||
| 653 | |a Open Economy | ||
| 653 | |a Private Sector Development | ||
| 653 | |a Production | ||
| 653 | |a Recession | ||
| 653 | |a Stock | ||
| 653 | |a Supply | ||
| 653 | |a Wages | ||
| 653 | |a Wealth | ||
| 700 | 1 | |a Agénor, Pierre-Richard |d 1957- |e Verfasser |0 (DE-588)12408009X |4 aut | |
| 776 | 0 | 8 | |i Reproduktion von |a Pizzati, Lodovico |t Disinflation and the Supply Side |d 1999 |
| 856 | 4 | 0 | |u http://elibrary.worldbank.org/content/workingpaper/10.1596/1813-9450-2304 |x Verlag |z URL des Erstveröffentlichers |3 Volltext |
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Datensatz im Suchindex
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| adam_text | |
| any_adam_object | |
| author | Pizzati, Lodovico Agénor, Pierre-Richard 1957- |
| author_GND | (DE-588)12408009X |
| author_facet | Pizzati, Lodovico Agénor, Pierre-Richard 1957- |
| author_role | aut aut |
| author_sort | Pizzati, Lodovico |
| author_variant | l p lp p r a pra |
| building | Verbundindex |
| bvnumber | BV040616943 |
| collection | ZDB-1-WBA |
| ctrlnum | (ZDB-1-WBA)093208901 (OCoLC)874226143 (DE-599)GBVNLM005445051 |
| discipline | Wirtschaftswissenschaften |
| format | Electronic eBook |
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| institution | BVB |
| language | English |
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| physical | 1 Online-Ressource (38 Seiten) |
| psigel | ZDB-1-WBA |
| publishDate | 1999 |
| publishDateSearch | 1999 |
| publishDateSort | 1999 |
| publisher | The World Bank |
| record_format | marc |
| spellingShingle | Pizzati, Lodovico Agénor, Pierre-Richard 1957- Disinflation and the Supply Side |
| title | Disinflation and the Supply Side |
| title_auth | Disinflation and the Supply Side |
| title_exact_search | Disinflation and the Supply Side |
| title_full | Disinflation and the Supply Side Pizzati, Lodovico |
| title_fullStr | Disinflation and the Supply Side Pizzati, Lodovico |
| title_full_unstemmed | Disinflation and the Supply Side Pizzati, Lodovico |
| title_short | Disinflation and the Supply Side |
| title_sort | disinflation and the supply side |
| url | http://elibrary.worldbank.org/content/workingpaper/10.1596/1813-9450-2304 |
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