loading

The interaction of monetary policy and wage bargaining in the European monetary Union : : Lessons from the endogenous money approach / Sebastian Dullien

Tác giả : Sebastian Dullien

Nhà xuất bản : Palgrave Macmillan

Năm xuất bản : 2004

Nơi xuất bản : New York

Mô tả vật lý : xiv, 276 p. : ill. ; 23 cm

ISBN : 1403941513

Số phân loại : 332.494

Chủ đề : 1. Banks and banking -- European Union countries. 2. Collective bargaining -- European Union countries. 3. Economic and monetary Union. 4. Inflation (finance) -- European Union countries. 5. Monetary policy -- European Union countries. 6. Unemployment -- European Union countries. 7. Wages -- European Union countries. 8. Tiền tệ.

Thông tin chi tiết

Tóm tắt :

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.

 Thông tin dữ liệu nguồn

 Thư viện  Ký hiệu xếp giá  Dữ liệu nguồn
Thư viện đại học Cần Thơ
https://lrcopac.ctu.edu.vn/pages/opac/wpid-detailbib-id-116497.html