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Wages and the Euro
Horn, Gustav,A.; Scheremet, Wolfgang; Zwiener, Rudolf; Etc.
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Description for Wages and the Euro
Paperback. Series: Contributions to Economics. Num Pages: 143 pages, 24 black & white tables, biography. BIC Classification: KCBM; KCF. Category: (P) Professional & Vocational; (UP) Postgraduate, Research & Scholarly; (UU) Undergraduate. Dimension: 234 x 156 x 8. Weight in Grams: 234.
With the abolition of exchange rates the role of wage formation in the European Monetary Union changes fundamentally and national economic policy in particular fiscal policy faces new restrictions. These are analysed in the first two chapters. A major impact is expected for wage formation. To achieve a convergence of economic developments wage finding has to follow in all EMU member countries basically the same rules. An empirical investigation using econometric methods show that this is presently not yet the case. In particular in the southern European countries wage finding is different from that in the rest of the EMU. ... Read more
With the abolition of exchange rates the role of wage formation in the European Monetary Union changes fundamentally and national economic policy in particular fiscal policy faces new restrictions. These are analysed in the first two chapters. A major impact is expected for wage formation. To achieve a convergence of economic developments wage finding has to follow in all EMU member countries basically the same rules. An empirical investigation using econometric methods show that this is presently not yet the case. In particular in the southern European countries wage finding is different from that in the rest of the EMU. ... Read more
Product Details
Format
Paperback
Publication date
1999
Publisher
Physica-Verlag GmbH & Co Germany
Number of pages
143
Condition
New
Series
Contributions to Economics
Number of Pages
143
Place of Publication
Heidelberg, Germany
ISBN
9783790811995
SKU
V9783790811995
Shipping Time
Usually ships in 15 to 20 working days
Ref
99-15
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