Output Effects of Incomes Policies in Open Economies

Wörgötter, Andreas

doi:10.3790/schm.105.2-3.387

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Wörgötter, A. Output Effects of Incomes Policies in Open Economies. Journal of Contextual Economics – Schmollers Jahrbuch, 105(2–3), 387-406. https://doi.org/10.3790/schm.105.2-3.387

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Output Effects of Incomes Policies in Open Economies

Wörgötter, Andreas

Journal of Contextual Economics – Schmollers Jahrbuch, Vol. 105 (1985), Iss. 2–3 : pp. 387–406

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Publisher Name: Duncker & Humblot
DOI: https://doi.org/10.3790/schm.105.2-3.387
Language: German
Pages: 20

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Wörgötter, Andreas

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Section Title	Page	Action	Price
Andreas Worgotter: Output Effects of Incomes Policies in Open Economies	387
I. Introduction	387
II. A Small Open Economy Model	390
III. Short and Long Run Effects of Simultaneous Wage and Price Disinflation	393
1. Disinflationary Incomes Policy under a Regime of Fixed Exchange Rates	393
2. Disinflationary Incomes Policy under a Regime with Flexible Exchange Rates	395
IV. An Empirical Illustration for Austria	398
V. The Necessary Institutional Framework for a Successful Incomes Policy	403
Summary	405
Zusammenfassung	405
References	406

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Output Effects of Incomes Policies in Open Economies

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