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The Interaction of Monetary Policy and Wage Bargaining in the European Monetary Union

- Lessons from the Endogenous Money Approach

av S. Dullien
The Interaction of Monetary Policy and Wage Bargaining in the European Monetary Union av S. Dullien
Om The Interaction of Monetary Policy and Wage Bargaining in the European Monetary Union

He argues that unemployment stems from a lack of co-operation 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.

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  • Språk:
  • Engelska
  • ISBN:
  • 9781403941510
  • Format:
  • Inbunden
  • Sidor:
  • 276
  • Utgiven:
  • 11. oktober 2004
  • Utgåva:
  • 2004
  • Mått:
  • 140x216x22 mm.
  • Vikt:
  • 495 g.
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Leveranstid: 2-4 veckor
Förväntad leverans: 13. oktober 2025

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He argues that unemployment stems from a lack of co-operation 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.

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