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Interaction of Monetary Policy and Wage Bargaining in the European Monetary Union

Jezik EngleskiEngleski
Knjiga Meki uvez
Knjiga Interaction of Monetary Policy and Wage Bargaining in the European Monetary Union Sebastian Dullien
Libristo kod: 12045812
Nakladnici Palgrave Macmillan, siječanj 2004
Sebastian Dullien gives a novel explanation for unemployment and inflation in the Euro-Zone. He argu... Cijeli opis
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Sebastian Dullien gives a novel explanation for unemployment and inflation in the Euro-Zone. He argues that unemployment stems from a lack of co-operation between unions and monetary authorities: In an economy with endogenous money as EMU, wage setters are responsible for price stability while the central bank is responsible for the level of output. Co-operation between both actors is necessary for high employment and low inflation. The current institutional set-up is found to be unable to assure cooperation.

Informacije o knjizi

Puni naziv Interaction of Monetary Policy and Wage Bargaining in the European Monetary Union
Autor Sebastian Dullien
Jezik Engleski
Uvez Knjiga - Meki uvez
Datum izdanja 2004
Broj stranica 276
EAN 9781349520800
Libristo kod 12045812
Nakladnici Palgrave Macmillan
Težina 340
Dimenzije 140 x 216 x 15

Kategorija

Economics, Finance, Business & Management > Economics > Macroeconomics > Monetary economics
Economics, Finance, Business & Management > Economics > Labour economics
Economics, Finance, Business & Management > Economics > Political economy
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