Share
The Interaction of Monetary Policy and Wage Bargaining in the European Monetary Union: Lessons From the Endogenous Money Approach (in English)
S. Dullien (Author)
·
Palgrave Macmillan
· Hardcover
The Interaction of Monetary Policy and Wage Bargaining in the European Monetary Union: Lessons From the Endogenous Money Approach (in English) - S. Dullien
$ 104.20
$ 109.99
You save: $ 5.79
Choose the list to add your product or create one New List
✓ Product added successfully to the Wishlist.
Go to My WishlistsIt will be shipped from our warehouse between
Tuesday, July 09 and
Wednesday, July 10.
You will receive it anywhere in United States between 1 and 3 business days after shipment.
Synopsis "The Interaction of Monetary Policy and Wage Bargaining in the European Monetary Union: Lessons From the Endogenous Money Approach (in English)"
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.
- 0% (0)
- 0% (0)
- 0% (0)
- 0% (0)
- 0% (0)
All books in our catalog are Original.
The book is written in English.
The binding of this edition is Hardcover.
✓ Producto agregado correctamente al carro, Ir a Pagar.