Output Effects of Incomes Policies in Open Economies

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Year: 1985

Publisher Name: Global Science Press

Language: Multiple languages

DOI: https://doi.org/10.3790/schm.105.2-3.387

Published online: 1985-02

AMS Subject Headings: Duncker & Humblot

Pages: 20

Wörgötter, Andreas

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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