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The Interaction of Monetary Policy and Wage Bargaining in the European Monetary Union - Lessons from the Endogenous Money Approach (Paperback, Softcover reprint of the original 1st ed. 2004) Loot Price: R2,773
Discovery Miles 27 730
Repayment Terms: R260 pm x 12*
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The Interaction of Monetary Policy and Wage Bargaining in the European Monetary Union - Lessons from the Endogenous Money...

The Interaction of Monetary Policy and Wage Bargaining in the European Monetary Union - Lessons from the Endogenous Money Approach (Paperback, Softcover reprint of the original 1st ed. 2004)

S. Dullien

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Loot Price R2,773 Discovery Miles 27 730 | Repayment Terms: R260 pm x 12*

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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.

General

Imprint: Palgrave Macmillan
Country of origin: United Kingdom
Release date: 2004
First published: 2004
Authors: S. Dullien
Dimensions: 216 x 140mm (L x W)
Format: Paperback
Pages: 276
Edition: Softcover reprint of the original 1st ed. 2004
ISBN-13: 978-1-349-52080-0
Categories: Books > Business & Economics > Economics > Political economy
Books > Business & Economics > Economics > Macroeconomics > General
Books > Business & Economics > Economics > Labour economics > General
LSN: 1-349-52080-2
Barcode: 9781349520800

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