United Kingdom: Selected Issues

The paper addresses issues that arise in designing a framework for inflation targeting, with particular attention to features of the Bank of England's approach and experience. The comparison of welfare reform in the United Kingdom with similar efforts in other countries is discussed. The paper reviews the recent literature and empirical evidence on the main economic considerations influencing possible U.K. entry into the European Monetary Union (EMU). The U.K. labor market has undergone institutional and structural changes contributing to an increase in both aggregate and relative wage flexibility.
READ MORE...
Volume/Issue: Volume 2000 Issue 106
Publication date: January 2000
ISBN: 9781451814149
$20.00
Add to Cart by clicking price of the language and format you'd like to purchase
Available Languages and Formats
Paperback
PDF
ePub
Mobi
English
Prices in red indicate formats that are not yet available but are forthcoming.
Topics covered in this book

This title contains information about the following subjects. Click on a subject if you would like to see other titles with the same subjects.

Business and Economics , Banks and Banking , Inflation , Labor , Economics- Macroeconomics , Money and Monetary Policy , ISCR , CR , pay , real wage , wage flexibility , U , K , economy , interest rates , exchange rate-interest rate nexus , EMU economy , Wages , Labor markets , Central bank policy rate , Employment , Real wages , North America , Europe

Also of interest
Kenya: Seventh and Eighth Reviews Under the Extended Fund Facility and Extend...
Mexico: 2024 Article IV Consultation and Review Under the Flexible Credit Lin...
Republic of Congo : 2001 Article IV
Peru
Summary

The paper addresses issues that arise in designing a framework for inflation targeting, with particular attention to features of the Bank of England's approach and experience. The comparison of welfare reform in the United Kingdom with similar efforts in other countries is discussed. The paper reviews the recent literature and empirical evidence on the main economic considerations influencing possible U.K. entry into the European Monetary Union (EMU). The U.K. labor market has undergone institutional and structural changes contributing to an increase in both aggregate and relative wage flexibility.

Powered by: AIDC