Sánchez, Marcelo - European Central Bank - 2009
Introduction 7
2 The case of national monetary policy 10
3 A currency union with trade unions caring
about national prices 14
4 …: Inflation, Trade Unions, Monetary Union, Strategic Monetary Policy,
Unemployment, Wage Moderation
Abstract
5
ECB
Working … enhanced monetary
policy credibility (Posen and Gould, 2006). It is worth saying that our simulation analysis
points to …