Ioannis Halikias: 2 books
by Jörg Decressin, Ioannis Halikias, Michael Kumhof
Language: English
Release Date: November 17, 2015
Language: English
Release Date: November 17, 2015
The paper studies the impacts of wage moderation in the euro area. Simulation results show that if a single euro area crisis-hit economy undertakes wage moderation, the impact on output is positive for that economy and for the entire euro area. If all crisis-hit economies undertake wage moderation together,...
by Brad Mr. Setser, Ioannis Mr. Halikias, Alexander Mr. Pitt
Language: English
Release Date: October 24, 2005
Language: English
Release Date: October 24, 2005
The analysis of currency and maturity mismatches in sectoral balance sheets has increasingly become a regular element in the IMF’s tool kit for surveillance in emerging market countries. This paper describes this so-called balance sheet approach and shows how it can be applied to detect vulnerabilities...