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Flexibilität versus Stabilität: Ein schwieriger Trade-off in der Eurozone Die Theorie optimaler Währungsräume ("optimum …
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trade-off between social spending and competitiveness. On average, countries that spend a lot on social needs score well in …
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trade-off between social spending and competitiveness. On average, countries that spend a lot on social needs score well in …
Persistent link: https://www.econbiz.de/10012786083
According to the Maastricht Treaty, EMS countries will be able to join EMU if their inflation rates are not more than 1.5% higher than the average of the three lowest inflation rates in the EMS. In this paper I analyse the likelihood of inflation rates converging to the levels set out in the...
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