ENGLISH

Institutional Conflicts and Complementarities: Monetary Policy and Wage Bargaining Institutions in EMU

By Peter Mooslechner , Peter Mooslechner (auth.) , Rob Franzese , Robert Franzese , Martin Schürz (eds.)

Book information

Publisher
Springer US
Year
2004
ISBN
978-1-4419-5380-3, 978-1-4757-4062-2
DOI
10.1007/978-1-4757-4062-2
Language
english
Format
PDF
Filesize
6 MB (6719089 bytes)
Edition
1
Pages
278\275
Time added
2013-12-12 02:00:00
Macroeconomics/Monetary Economics; Economic Theory

Description

This important collection presents an authoritative selection of papers on "Institutional Conflicts and Complementarities" This publication is intent on building bridges between economics and the other social sciences. The focus is on the interaction between monetary policy and wage bargaining institutions in European Monetary Union (EMU). Institutional Conflicts and Complementarities is written by acknowledged experts in their field. The outcome is a broad analysis of the interactions of labour market actors and central banks. The volume addresses the recent changes in EMU. An important theoretical, empirical, and policy-relevant conclusion that emerges from Institutional Conflicts and Complementarities is that even perfectly credible monetary conservatism has long-term real effects, even in equilibrium models with fully rational expectations.

Similar books