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Labor Market Rigidities and EMU

This paper explores the interaction between labor market deregulation, monetary union and unemployment. Monetary policy autonomy and monetary union are compared in their influence on the optimal level of labor market deregulation consented to and wages demanded by labor unions. EMU leads to... Full description

1st Person: Hefeker, Carsten
Source: in Journal of economic integration : jei Vol. 16, No. 2 (2001), p. 229-244
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Type of Publication: Article
Language: English
Published: 2001
Keywords: research-article
Online: Volltext
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