The interaction of monetary policy and wage bargaining in the European monetary Union : Lessons from the endogenous money approach
Sebastian Dullien gives a novel explanation for unemployment and inflation in the Euro-Zone. He argues that unemployment stems from a lack of cooperation between unions and monetary authorities: In an economy with endogenous money as EMU, wage setters are responsible for price stability while the ce...
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| Format: | Book |
| Language: | Undetermined |
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New York
Palgrave Macmillan
2004
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| Institutions: | Trung tâm Học liệu Trường Đại học Cần Thơ |
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