unemployment stems from a lack of co-operation between unions and monetary authorities: In an economy with endogenous money as EMU …Sebastian Dullien gives a novel explanation for unemployment and inflation in the Euro-Zone. He argues that …, wage setters are responsible for price stability while the central bank is responsible for the level of output. Co …

Incentives.- Firm Size, Productivity and Labor Cos¤ts.- Wage Pressure, Innovation, FDI and Unemployment.- Conclusions and Policy … a Schumpetrian model of innovation and full employment are presented as new approaches. Besides theoretical challenges … economic globalization. Keywords: Globalization, Employment, Innovation, R & D, Technology Competition Contents: Introduction …