Andersen, Torben M. (contributor); … - 2008
overall performance of the monetary union. A striking finding is that aggregate output volatility is not strictly increasing …. -- wage formation ; nominal wage rigidity ; staggered contracts ; monetary policy ; monetary union ; business cycles ; shocks … of the common monetary policy of the ECB reveal
that countries are a�ected by di�erent shocks and/or structures.
This …