With regard to the outlook,  4  the pace of increase in full-time employees' cash earnings is expected to accelerate moderately, with that in base pay accelerating as the rise in inflation expectations becomes more evident. In light of such employment and wage conditions, employee income has increased moderately, albeit with fluctuations.
For example, the parity could  BIS Review 152/2008  3  be threatened when, amongst others, large interest rates differential causes undue capital inflows or outflows. You may also need to have an operational target, which is an economic variable that the central bank wants to influence on a day-to-day basis, through its monetary policy instruments.