In response to the financial crisis of 2007-2010, many central banks are getting involved in macroprudential supervision. Central bank communication will constitute a central policy tool for that purpose. The paper asks how such communication will affect financial markets, exploiting the fact...

ILO pub. Article on comparison of causes and economic policy implications concerning unemployment in Germany, Federal Republic, France and the Netherlands (trends 1960 to 1979) - examines projections of labour demand and labour supply to 1990, considers effects of wages and social security...

ILO pub. Article on international experience with minimum wage fixing and its role in wage determination - covers the use of minimum wage to protect vulnerable groups of low income workers, to determine ' fair' wages, to set a basic floor to the wage structure, and as an instrument of...

Assesses the effects of foreign direct investment (FDI) in the motor vehicle industry in two areas of Brazil, focusing on the development of regional institutions to support social dialogue. Examines the flow of FDI into the Brazilian motor vehicle industry during the late 1990s, describes the...

The empirical analysis of the paper suggests that an FX policy objective and concerns about an overheating of the domestic economy have been the two main motives for the (re-)introduction and persistence of capital controls over the past decade. Capital controls are strongly associated with...