(EMU) led to lower wage growth and lower unemployment in participating countries. Following Grüner's model, monetary … significant general effect of the EMU on wage growth nor on unemployment. -- common currency areas ; EMU ; Phillips curve … ; unemployment ; wages …

(EMU) led to lower wage growth and lower unemployment in participating countries. Following Grüner's model, monetary … significant general effect of the EMU on wage growth nor on unemployment. -- Common currency areas ; EMU ; Phillips curve … ; unemployment ; wages …

(EMU) led to lower wage growth and lower unemployment in participating countries. Following Grüner's model, monetary … significant general effect of the EMU on wage growth nor on unemployment … national business cycles which, in turn, leads to higher unemployment risk. In order to counter-balance this effect, trade …

(EMU) led to lower wage growth and lower unemployment in participating countries. Following Grüner's model, monetary … significant general effect of the EMU on wage growth nor on unemployment. … national business cycles which, in turn, leads to higher unemployment risk. In order to counter-balance this effect, trade …

EMU on wage growth nor on unemployment. …Grüner (2010) argues that the introduction of the European Monetary Union (EMU) led to lower wage growth and lower … unemployment in participating countries. According to Grüner, monetary centralization increases the amplitude of national business …

(EMU) led to lower wage growth and lower unemployment in participating countries. Following Grüner’s model, monetary … significant general effect of the EMU on wage growth nor on unemployment. … national business cycles which, in turn, leads to higher unemployment risk. In order to counter-balance this effect, trade …

(EMU) led to lower wage growth and lower unemployment in participating countries. Following Grüner’s model, monetary … significant general effect of the EMU on wage growth nor on unemployment. … national business cycles which, in turn, leads to higher unemployment risk. In order to counter-balance this effect, trade …

an unemployment cost equivalent to 0.8 percentage points over the sample period where the average unemployment rate …

money supply, money velocity, and the unemployment rate. Thus, five parameters, i.e. weights assigned to the deviation in … the money velocity, and the deviation in unemployment rate, are introduced and estimated. The article explores and tests … weight to the deviation in unemployment rate, and moderate weights are assigned to the deviation in the inflation rate, the …