Macroeconomic Stabilization and Intervention Policy Under an Exchange Rate Band

The distributional effects of the minimum wage are analysed in a model where skilled and unskilled labour enter the production function. It is argued that distributional goals are best achieved by letting the labour market clear and achieving redistribution through taxes and transfers.

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Year of publication:	1994-03
Authors:	Beetsma, Roel ; van der Ploeg, Frederick
Institutions:	C.E.P.R. Discussion Papers
Subject:	Exchange Rate Bands \| Exchange Rate Peg \| Intramarginal Intervention \| Monetary Accommodation \| Multiple Shocks \| Stabilization

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Extent:	application/pdf
Series:	CEPR Discussion Papers.
Type of publication:	Book / Working Paper
Notes:	Number 925
Classification:	E0 - Macroeconomics and Monetary Economics. General ; F3 - International Finance ; F4 - Macroeconomic Aspects of International Trade and Finance
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005504279