Showing 1 - 10 of 28
Persistent link: https://www.econbiz.de/10000841631
Persistent link: https://www.econbiz.de/10000841671
Persistent link: https://www.econbiz.de/10000760063
Persistent link: https://www.econbiz.de/10000785897
Persistent link: https://www.econbiz.de/10000785905
International comparisons show that countries with co-ordinated wage setting generally have lower unemployment than countries with less co-ordinated wage setting. This paper argues that the monetary regime may affect whether co-ordination among many wage setters is feasible. A strict monetary...
Persistent link: https://www.econbiz.de/10011398035
Persistent link: https://www.econbiz.de/10010419936
In an economy with large wage setters (like industry unions), the monetary regime affects the trade-off between consumer real wages and employment and profits faced by the wage setters. This paper shows that an exchange rate target, including participation in a monetary union, is likely to...
Persistent link: https://www.econbiz.de/10011408717
Persistent link: https://www.econbiz.de/10001727631
Persistent link: https://www.econbiz.de/10002677895