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Low-paid employment is a key issue for labour market policy. The essays in this book, focusing on European countries, provide new empirical evidence regarding the impact of minimum wages on employment, earnings mobility among low-paid workers, job satisfaction across the earnings distribution, unemployment traps, the demand for low-skilled workers, and the existence of monopsonistic competition.

Minimum wage --- Wage differentials --- Job satisfaction --- Unemployment --- Wages --- Salaires minimums --- Disparités de salaires --- Satisfaction au travail --- Chômage --- Salaires --- Econometric models --- Congresses --- Modèles économétriques --- Congrès --- Job satisfaction - Europe - Econometric models - Congresses. --- Minimum wage - Europe - Econometric models - Congresses. --- Wage differentials - Europe - Econometric models - Congresses. --- Labor & Workers' Economics --- Business & Economics --- -Wage differentials --- -Job satisfaction --- -Unemployment --- -Wages --- -arbeid, loon --- werkgelegenheid --- arbeid, motivatie --- Compensation --- Departmental salaries --- Earnings --- Pay --- Remuneration --- Salaries --- Wage-fund --- Wage rates --- Working class --- Income --- Labor costs --- Compensation management --- Cost and standard of living --- Prices --- Joblessness --- Employment (Economic theory) --- Full employment policies --- Labor supply --- Manpower policy --- Right to labor --- Underemployment --- Occupational satisfaction --- Work satisfaction --- Quality of work life --- Satisfaction --- Job enrichment --- Differentials, Wage --- Minimum wages --- Living wage movement --- Effect of wages on --- -Econometric models --- Disparités de salaires --- Chômage --- Modèles économétriques --- Congrès --- arbeid, loon --- Effect of labor mobility on --- Congresses.

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With the collapse of the Bretton Woods system, any pretense of a connection of the world's currencies to any real commodity has been abandoned. Yet since the 1980s, most central banks have abandoned money-growth targets as practical guidelines for monetary policy as well. How then can pure "fiat" currencies be managed so as to create confidence in the stability of national units of account?Interest and Prices seeks to provide theoretical foundations for a rule-based approach to monetary policy suitable for a world of instant communications and ever more efficient financial markets. In such a w

Finances internationales --- Inflation --- Intérêt (économie politique) --- Politique monétaire --- Monetary policy --- International finance --- Modèles économétriques --- Econometric models --- Capital assets pricing model --- Spéculation --- Modèle de fixation du prix des actifs --- Politique monetaire. --- Politique economique. --- Interet (Economie) --- Prix. --- 333.842 --- -Prices --- 332.46 --- Commodity prices --- Justum pretium --- Willingness to pay --- Prijsvorming. Prijskostenverhouding. Prijsbeweging. Prijsfluctuatie--macroeconomisch; prijsindex zie {336.748.12} --- Geld. Monetaire politiek --- Deflatie. --- Intérêt (Économie) --- Politique économique. --- Politique monétaire. --- Intérêt (Économie). --- 338.5 Prijsvorming. Prijskostenverhouding. Prijsbeweging. Prijsfluctuatie--macroeconomisch; prijsindex zie {336.748.12} --- Spéculation --- Modèle de fixation du prix des actifs --- Analyse financière --- 330.101 --- 336.74 --- 306.110 --- 330.00 --- 333.403 --- 333.44 --- 333.820 --- 333.841 --- AA / International- internationaal --- 338.5 --- Monetary management --- Economic policy --- Currency boards --- Money supply --- 336.74 Geld. Geldwezen. Monetaire sector. --- Geld. Geldwezen. Monetaire sector. --- Macro-economie --- Algemeenheden over indexcijfers --- Economische en sociale theorieën: algemeenheden --- Monetaire theorieën. Kwantitatieve theorie. Theorie van de incasso's. Optiek van de uitgaven en inkomens --- Monetaire congressen, conferenties en onderzoeken --- Geldbeleid, bankbeleid en kredietbeleid: algemeenheden --- Inflatie --- Deflatie --- Geld. Geldwezen. Monetaire sector --- Macroeconomics --- Money. Monetary policy --- Monetary policy. --- Securities --- Speculation --- Investment analysis --- Capital investments. --- Politique monétaire --- Valeurs mobilières --- Investissements de capitaux --- Prices --- Mathematical models --- Prix --- Modèles mathématiques --- Finances internationales. --- Modèles économétriques. --- Politique monétaire. --- Politique économique. --- Intérêt (Économie) --- Account (accountancy). --- Addition. --- Aggregate demand. --- Aggregate expenditure. --- Aggregate supply. --- Approximation. --- Autocorrelation. --- Budget constraint. --- Calculation. --- Central bank. --- Characteristic polynomial. --- Coefficient. --- Conditional expectation. --- Consumption (economics). --- Cost curve. --- Currency. --- Deflation. --- Demand curve. --- Determinacy. --- Determinant. --- Economic equilibrium. --- Economics. --- Economy. --- Eigenvalues and eigenvectors. --- Elasticity of substitution. --- Estimation. --- Expected value. --- Expenditure. --- Factor market. --- Federal funds rate. --- Fiscal policy. --- Forecasting. --- GDP deflator. --- IS–LM model. --- Impulse response. --- Income. --- Indexation. --- Inflation targeting. --- Inflation. --- Initial condition. --- Interest rate. --- Interest. --- Intertemporal budget constraint. --- Investment. --- Lagrange multiplier. --- Long run and short run. --- Loss function. --- Marginal cost. --- Marginal rate of substitution. --- Marginal utility. --- Market liquidity. --- Market power. --- Market rate. --- Markup (business). --- Mathematical optimization. --- Monetary base. --- Monetary transmission mechanism. --- Money supply. --- New Keynesian economics. --- Nominal interest rate. --- Nominal rigidity. --- Optimization problem. --- Output gap. --- Partial derivative. --- Percentage point. --- Percentage. --- Phillips curve. --- Potential output. --- Prediction. --- Present value. --- Price Change. --- Price index. --- Price level. --- Pricing. --- Private sector. --- Probability. --- Production function. --- Quantity. --- Real Rate Of Return. --- Real gross domestic product. --- Real income. --- Real interest rate. --- Real versus nominal value (economics). --- Real wages. --- Relative price. --- Requirement. --- Stabilization policy. --- State of the World (book series). --- Stochastic discount factor. --- Stochastic process. --- Stock. --- Structural equation modeling. --- Supply (economics). --- Tax rate. --- Tax. --- Taylor rule. --- Time preference. --- Trade-off. --- Utility. --- Intérêt (économie politique) --- Modèles économétriques.