IDEAS home Printed from https://ideas.repec.org/h/pal/intecp/978-1-349-20381-9_4.html
   My bibliography  Save this book chapter

Balance-of-Payments Management and Incomes Policy

In: Incomes Policies

Author

Listed:
  • Luis Angel Rojo

    (Bank of Spain)

Abstract

The meaning of incomes policies has varied significantly with the economic conditions over the last 25 years. It has been stated that the incomes policies implemented in the 1960s were of a prevailingly nominal nature, that is, they tended to restrain the trend of nominal wages and absolute prices, whereas the incomes policies undertaken in the 1970s were of a real nature, that is, they attempted to hold back or reduce real wages and to affect the structure of relative prices in order to improve the profitability and competitiveness of their respective economies, and thus to encourage investment, employment and balance-of-payments adjustment.1

Suggested Citation

  • Luis Angel Rojo, 1989. "Balance-of-Payments Management and Incomes Policy," International Economic Association Series, in: Victor L. Urquidi (ed.), Incomes Policies, chapter 4, pages 65-83, Palgrave Macmillan.
    • Handle: RePEc:pal:intecp:978-1-349-20381-9_4
    DOI: 10.1007/978-1-349-20381-9_4
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pal:intecp:978-1-349-20381-9_4. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.palgrave.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.