Nominale Anker im nationalen Kontext -Nominale Anker als internationale geldpolitische Koordinationsziele -Wahl eines nominalen Ankers bei einer Europäischen Währungsunion -Wirtschaftspolitische Implikationen

This paper characterizes the wage setting behavior in a totally unionized economy under different monetary policy rules. The wage formation strategy of the union can be either aggressive or cooperative.. As long as the union is fully cooperative and in the absence of shocks, the government can...