The Interaction of Monetary Policy and Wage Bargaining in the European Monetary Union : Lessons from the Endogenous Money Approach
Softcover reprint of the original 1st ed. 2004
by
S. Dullien
Book Details
Format
Paperback / Softback
ISBN-10
1349520802
ISBN-13
9781349520800
Edition
Softcover reprint of the original 1st ed. 2004
Publisher
Palgrave Macmillan
Imprint
Palgrave Macmillan
Country of Manufacture
GB
Country of Publication
GB
Publication Date
Jan 1st, 2004
Print length
276 Pages
Product Classification:
International relationsMacroeconomicsLabour economicsPolitical economy
Ksh 16,200.00
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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.
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