Importing credibility through exchange rate pegging

Article Abstract:

An analysis of currency stabilization programs reveals that pegging the exchange rate to a low inflation currency allows for effective monitoring. The study reveals that, since inflation rate is somehow uncontrollable, currency stabilizations programs may have little effects to control monetary devaluation in an open economy. Exchange rate pegging may effectively result in the increased credibility of an exchange due to its reference to another currency.

Administration of General Economic Programs, Economics, Research and Development in the Social Sciences and Humanities, Currency Stabilization Programs, Research, Management, Foreign exchange, Monetary policy, Currency stabilization, Policy sciences

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The average earnings index

Article Abstract:

An analysis is presented on earnings growth in the UK from Mar 1995 through July 1998, using data from the Average Earnings Index. Discussion includes assessments of inflationary pressure on labor supply and other sampling variances, and a revision to the current index is examined.

United Kingdom, Wages, Statistical Data Included, Economic aspects, Economic policy, Wages and salaries, Income

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