Berthold, Norbert - Wirtschaftswissenschaftliche Fakultät, Bayerische … - 1998
Real Wage Rigidities, Fiscal Policy, and the Stability of EMU in the Transition Phase. - EMU will start with eleven … decision could have serious consequences concerning the stability of EMU in the transition phase. Speculative attacks against … country out of EMU. However, the country concerned might voluntarily decide to leave the system as the costs of staying inside …