E-Book, Englisch, 278 Seiten, eBook
Monetary Policy and Wage Bargaining Institutions in EMU
E-Book, Englisch, 278 Seiten, eBook
ISBN: 978-1-4757-4062-2
Verlag: Springer US
Format: PDF
Kopierschutz: 1 - PDF Watermark
Institutional Conflicts and Complementarities
is written by acknowledged experts in their field. The outcome is a broad analysis of the interactions of labour market actors and central banks. The volume addresses the recent changes in EMU. An important theoretical, empirical, and policy-relevant conclusion that emerges from
Institutional Conflicts and Complementarities
is that even perfectly credible monetary conservatism has long-term real effects, even in equilibrium models with fully rational expectations.
Zielgruppe
Research
Autoren/Hrsg.
Weitere Infos & Material
1. Editorial.- 2. Strategic Interactions of the ECB, Wage Bargainers, and Governments.- 3. Varieties of Capitalism and Institutional Complementarities.- 4. Wage and Wage-Bargaining Institutions in EMU: A Survey of the Issues.- 5. Multiple Wage Bargaining Systems in the Single European Currency Area.- 6. Strategic Wage Setting in a Monetary Union.- 7. Interest Groups, Enlargement of the EMU and Labor Market Reform.- 8. Does Price Stability Exacerbate Labor Market Rigidities in EMU.- 9. Communication, Coordination and Common Knowledge in Monetary Policy: Implications for the Euro Area.- 10. The European Central Bank: Implications of the Appointment Process for Monetary Policy.- 11. Who’s is Afraid of the Big Bad Central Bank? Union-Firm-Central Bank Interactions and Inflation in a Monetary Union.- 12. Institutional Complementarities and Conflicts between Wage Bargaining Institutions and an Independent Central Bank.