Globalisation, Labour Markets and International Adjustment - Essays in Honour of Palle S. Andersen

188 Pages Posted: 2 Mar 2010

See all articles by William R. White

William R. White

Independent

Mar Gudmundsson

Central Bank of Iceland

Philip Turner

Bank for International Settlements (BIS) - Monetary and Economic Department

Date Written: January 1, 2010

Abstract

This book celebrates the life and work of Palle Schelde Andersen, a Danish economist who was for over two decades the main macroeconomist of the Bank for International Settlements (BIS). The book contains the papers and proceedings of a conference that was held at the BIS in Mr Andersen's honour on 3 December 2007. One of his papers, co-authored with Karen Johnson, on the role of emerging Asia in the build-up of global current account imbalances, is published for the first time. The theme of the conference reflects Mr Andersen's long-standing research interest in wage determination and inflation dynamics. The papers included in the volume analyse the macroeconomic effects of increased flows of labour across borders; the effect on global inflation of the integration of labour from emerging markets and former command economies into the global market economy; and the impact of globalisation on the inflation process and the transmission mechanism of monetary policy.

JEL Classification: E24, E31, E58, E61, F22, F32, F36, F42, J21, J3, J61, J82

Suggested Citation

White, William R. and Gudmundsson, Mar and Turner, Philip, Globalisation, Labour Markets and International Adjustment - Essays in Honour of Palle S. Andersen (January 1, 2010). BIS Paper No. 50, Available at SSRN: https://ssrn.com/abstract=1561568

Mar Gudmundsson

Central Bank of Iceland ( email )

Iceland

Philip Turner

Bank for International Settlements (BIS) - Monetary and Economic Department ( email )

Centralbahnplatz 2
CH-4002 Basel
Switzerland

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