(EMU) led to lower wage growth and lower unemployment in participating countries. Following Grüner's model, monetary …. Although we come up with some weak evidence for increased business cycle amplitudes within the EMU, we neither find a … significant general effect of the EMU on wage growth nor on unemployment. …

bulky elephant in the European Economic and Monetary Union (EMU). At the core of Germany’s transformation there lies a … public sector wage restraint vis-à-vis its EMU peers? Through a triangulation of interviews with key policy actors, archival … the finances of public employers. Before acceding EMU, in 1996, the public employers united had to push for public sector …

A technical analysis shows that the doomsayers who support the euro at all costs and those who naively theorize that a … single currency is the root of all evil are both wrong. A euro exit could be a way of getting back to growth, but at the same … the euro; or, in the case of a euro exit, on the quality of the economic policies that are put in place once the country …

the rest of the EMU. Frequently the introduction of Euro is perceived as a signal to lower wages all over Europe to … follow in all EMU member countries basically the same rules. An empirical investigation using econometric methods show that …