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both types of uncertainty on wage-setting behavior in the larger monetary union and its effects on unemployment. In light …
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both types of uncertainty on wage-setting behavior in the larger monetary union and its effects on unemployment. In light …
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International comparisons show that countries with co-ordinated wage setting generally have lower unemployment than … circumstances a passive regime may induce co-operation in wage setting, and thus lower unemployment, when a stricter regime would …
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Economic and Monetary Union (EMU) has transformed Europe and has created an integrated pan-European economy. Much research has focused on understanding this integration process and what benefits and costs it entails. This paper identifies a political economy channel of EMU as the monetary union...
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