This paper examines the effect of monopolistic labour unions' behaviour on governments' incentives to undertake labour market reform, inside and outside a symmetric and an asymmetric monetary union (MU). Incentives for reform are increased inside the MU when governments and labour unions move...

This paper investigates the links between asset price movements and fiscal policy developments. Our findings suggest that fiscal policy makers have been responding to asset price movements as indicated by fiscal policy reaction functions. Nevertheless, while asset price movements contribute to...

In this paper, we investigate the unemployment dynamics and the determinants of the Beveridge curve in Greece. The economic recession alongside labor market reforms raised the inflow rate to and decreased the outflow rate from unemployment in the early crisis years. The gradual normalization of...

E6, H6, H3 </AbstractSection> Copyright Tagkalakis; licensee Springer. 2013