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Back Matter

Back Matter »

Source: Structural Change in Japan : Macroeconomic Impact and Policy Challenges

Series: Books

Author(s): Tamim Bayoumi , Guy Meredith , and Bijan Aghevli

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 09 June 1998

ISBN: 9781557756961

Keywords: fdi, exchange rate, inflation, monetary policy, real exchange rate

This volume, by Bijan B. Aghevli, Tamim Bayoumi, and Guy Meredith, is based on a seminar on structural change in Japan held in early 1997 and chaired by the IMF's First Deputy Managing Director, Stanley Fischer. Di...

Front Matter

Front Matter »

Source: Structural Change in Japan : Macroeconomic Impact and Policy Challenges

Series: Books

Author(s): Tamim Bayoumi , Guy Meredith , and Bijan Aghevli

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 09 June 1998

ISBN: 9781557756961

Keywords: fdi, exchange rate, inflation, monetary policy, real exchange rate

This volume, by Bijan B. Aghevli, Tamim Bayoumi, and Guy Meredith, is based on a seminar on structural change in Japan held in early 1997 and chaired by the IMF's First Deputy Managing Director, Stanley Fischer. Di...

13 The Japanese Fiscal System and Fiscal Transparency

13 The Japanese Fiscal System and Fiscal Transparency »

Source: Structural Change in Japan : Macroeconomic Impact and Policy Challenges

Series: Books

Author(s): Tamim Bayoumi , Guy Meredith , and Bijan Aghevli

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 09 June 1998

ISBN: 9781557756961

Keywords: fdi, exchange rate, inflation, monetary policy, real exchange rate

Ensuring fiscal accountability is an important objective for any society. This issue has come increasingly into focus in Japan in recent years, as in almost every other industrial country, owing partly to un...

3 The Yen: Past Movements and Future Prospects

3 The Yen: Past Movements and Future Prospects »

Source: Structural Change in Japan : Macroeconomic Impact and Policy Challenges

Series: Books

Author(s): Tamim Bayoumi , Guy Meredith , and Bijan Aghevli

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 09 June 1998

ISBN: 9781557756961

Keywords: fdi, exchange rate, inflation, monetary policy, real exchange rate

The sharp swings in the yen in recent years have focused renewed attention on its underlying determinants. However, explanations in financial markets of the factors driving the exchange rate have, for the mo...

2 The Yen: Summary of Staff Views

2 The Yen: Summary of Staff Views »

Source: Structural Change in Japan : Macroeconomic Impact and Policy Challenges

Series: Books

Author(s): Tamim Bayoumi , Guy Meredith , and Bijan Aghevli

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 09 June 1998

ISBN: 9781557756961

Keywords: fdi, exchange rate, inflation, monetary policy, real exchange rate

Sharp swings in the yen in recent years have had an important influence on the course of Japan’s downturn and subsequent recovery. In particular, the appreciation that began in late 1992 through mid-1993 wei...

V Concluding Remarks

V Concluding Remarks »

Source: Structural Change in Japan : Macroeconomic Impact and Policy Challenges

Series: Books

Author(s): Tamim Bayoumi , Guy Meredith , and Bijan Aghevli

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 09 June 1998

ISBN: 9781557756961

Keywords: fdi, exchange rate, inflation, monetary policy, real exchange rate

...

I How Accurate Are the IMF’s Short-Term Forecasts? Another Examination of the World Economic Outlook

I How Accurate Are the IMF’s Short-Term Forecasts? Another Examination of the World Economic Outlook »

Source: Staff Studies for the World Economic Outlook, 1997

Series: World Economic and Financial Surveys

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 16 January 1998

ISBN: 9781557757012

Keywords: labor standards, inflation, employment, wages, monetary policy

The World Economic Outlook forecasts, published twice a year, are comprehensive in their coverage, both of countries and of economic variables, and only a part of the whole is exami...

II IMF Estimates of Potential Output: Theory and Practice

II IMF Estimates of Potential Output: Theory and Practice »

Source: Staff Studies for the World Economic Outlook, 1997

Series: World Economic and Financial Surveys

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 16 January 1998

ISBN: 9781557757012

Keywords: labor standards, inflation, employment, wages, monetary policy

The concepts of potential output and the output gap are central to the IMF’s analytical work in providing policy recommendations to member country governments. Representing the econ...

III Multilateral Unit-Labor-Cost-Based Competitiveness Indicators for Advanced, Developing, and Transition Countries

III Multilateral Unit-Labor-Cost-Based Competitiveness Indicators for Advanced, Developing, and Transition Countries »

Source: Staff Studies for the World Economic Outlook, 1997

Series: World Economic and Financial Surveys

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 16 January 1998

ISBN: 9781557757012

Keywords: labor standards, inflation, employment, wages, monetary policy

The IMF’s multilateral real exchange rate indices based on relative unit labor costs in manufacturing, which are currently calculated for 21 industrial countries, have for some time...

IV Deindustrialization: Causes and Implications

IV Deindustrialization: Causes and Implications »

Source: Staff Studies for the World Economic Outlook, 1997

Series: World Economic and Financial Surveys

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 16 January 1998

ISBN: 9781557757012

Keywords: labor standards, inflation, employment, wages, monetary policy

Three broad developments have been of concern to the advanced economies in recent years: the shrinking share of manufacturing employment, the stagnation of average real wages and th...