Sánchez, Marcelo - European Central Bank - 2009
: Inflation, Trade Unions, Monetary Union, Strategic Monetary Policy,
Unemployment, Wage Moderation
Abstract
5
ECB
Working … and Lippi (2001), namely,
identical countries and the absence of inflation aversion on the part of trade unions. This … union delivering extra wage
moderation, lower levels of inflation, unemployment and wage share, and higher activity
levels …