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Books > Business & Economics > Economics > Labour economics > Employment & unemployment

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The Interaction of Monetary Policy and Wage Bargaining in the European Monetary Union - Lessons from the Endogenous Money Approach (Hardcover) Loot Price: R2,767 Discovery Miles 27 670

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The Interaction of Monetary Policy and Wage Bargaining in the European Monetary Union - Lessons from the Endogenous Money...
The Interaction of Monetary Policy and Wage Bargaining in the European Monetary Union - Lessons from the Endogenous Money...

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The Interaction of Monetary Policy and Wage Bargaining in the European Monetary Union - Lessons from the Endogenous Money Approach (Hardcover)

Sebastian Dullien

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Loot Price R2,767 Discovery Miles 27 670

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Sebastian Dullien gives a novel explanation for unemployment and inflation in the Euro-Zone. He argues that unemployment stems from a lack of cooperation between unions and monetary authorities: In an economy with endogenous money as EMU, wage setters are responsible for price stability while the central bank is responsible for the level of output. Cooperation between both actors is necessary for high employment and low inflation. The current institutional set-up is found to be unable to assure cooperation.

General

Imprint: Palgrave Macmillan
Country of origin: United States
Release date: 2000
First published: 2005
Authors: Sebastian Dullien
Dimensions: 216 x 140 x 22mm (L x W x T)
Format: Hardcover
Pages: 290
ISBN-13: 978-1-4039-4151-0
Barcode: 9781403941510
Categories: Promotions
Books > Business & Economics > Economics > Macroeconomics > Monetary economics
Books > Business & Economics > Economics > Political economy
Books > Business & Economics > Economics > Labour economics > Employment & unemployment
LSN: 1-4039-4151-3

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