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The potential consequences of alternative exchange rate regimes : a study of three candidate regions

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Welfare implications of currency integration : labor mobility and pricing-to-market

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Currency integration under labor mobility : when cost is incurred

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Moving towards monetary integration in East Asia : achieving economic convergence in a game-theory framework

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External adjustment with a common currency : the case of the euro area

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Wage setting under different monetary regimes

Holden, Steinar - 2002

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