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

- Lessons from the Endogenous Money Approach

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

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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  • Språk:
  • Engelsk
  • ISBN:
  • 9781403941510
  • Bindende:
  • Hardback
  • Sider:
  • 276
  • Utgitt:
  • 11. oktober 2004
  • Utgave:
  • 2004
  • Dimensjoner:
  • 140x216x22 mm.
  • Vekt:
  • 495 g.
  Gratis frakt
Leveringstid: 2-4 uker
Forventet levering: 21. mai 2026

Beskrivelse av The Interaction of Monetary Policy and Wage Bargaining in the European Monetary Union

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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