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Titlebook: Labour Market and Fiscal Policy Adjustments to Shocks; The Role and Implica Nombulelo Gumata,Eliphas Ndou Book 2017 The Editor(s) (if appli

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书目名称Labour Market and Fiscal Policy Adjustments to Shocks
副标题The Role and Implica
编辑Nombulelo Gumata,Eliphas Ndou
视频videohttp://file.papertrans.cn/581/580343/580343.mp4
概述Showcases the implications of the national minimum wage on the price stability mandate by bringing the South African labour market structure into the discussion.Deals with diverse indicators of the la
图书封面Titlebook: Labour Market and Fiscal Policy Adjustments to Shocks; The Role and Implica Nombulelo Gumata,Eliphas Ndou Book 2017 The Editor(s) (if appli
描述.This book focuses on the implications of the South African labour market dynamics including labour market reforms and fiscal policy for monetary policy and financial stability. Evidence suggests there are benefits in adopting an approach that coordinates labour market policies and reforms, fiscal policy, price and financial stability. In particular, the benefits of coordinating policies present policymakers with policy options in cases where they are confronted by binding policy trade-offs and dilemmas, such as in cases when there is divergence in price and financial and economic growth outcomes..The empirical insights and policy recommendations are based on different techniques that include the counterfactual and endogenous-exogenous approaches, non-linearities introduced by thresholds and the impact of persistent and transitory shock effects. Themes covered in the book include various aspects of labour market conditions and reforms and their link to inflation and inflation expectations, the impact of the national minimum wage, the interaction between public and private sector wage inflation, economic policy uncertainty and employment, government debt thresholds, sovereign yields
出版日期Book 2017
关键词Labor market; Monetary policy; Price stability; Labor Market Conditions; Labor Market Structure
版次1
doihttps://doi.org/10.1007/978-3-319-66520-7
isbn_softcover978-3-319-88262-8
isbn_ebook978-3-319-66520-7
copyrightThe Editor(s) (if applicable) and The Author(s) 2017
The information of publication is updating

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https://doi.org/10.1007/978-3-319-66520-7Labor market; Monetary policy; Price stability; Labor Market Conditions; Labor Market Structure
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Does the Beveridge Curve Exist in the South African Case, and What Are the Implications for Monetary Shifts in the Beveridge curve have implications for financial stability and the monetary policy stance. Evidence in this chapter supports the existence of the Beveridge curve in the South African data. The loosening of labour market reforms and positive labour productivity shocks lead to a movement
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Is There an Inflation–GDP Growth–Employment Nexus in South Africa Within the 6 per cent Inflation Thative employment gap does not dampen wage price pressures, while the decline in consumer price inflation is insignificant. The divergence suggests that the pricing mechanism responds sluggishly to the increase in the spare capacity in the labour market with little impact on consumer prices. Furtherm
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