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. Andererseits übt die damit verbundene restriktive Fiskal- und Lohnpolitik deflationären Druck auf den größten Teil des Euroraumes … Reaktionen zur Krise einzugehen. Da die vorgeschriebene Steuer- und Lohnpolitik noch durch den theoretischen Rahmen der New … keynesianischen und Post-keynesianischen Prinzipien beruht. Es wird gezeigt, dass die Stabilisierung der Lohnpolitik und aktiven …
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Sufficiently flexible labour markets are considered an important precondition for countries to benefit from membership in the monetary union. Economic policy coordination within the European Community is extensive and includes issues related to labour market structures. In this paper we study...
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A comprehensive study of the international coordination of economic policy in a monetary union. It carefully discusses the process of policy competition and the structure of policy cooperation. As to policy competition, the focus is on competition between the union central bank, the German...
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