This important collection presents an authoritative selection of papers on "Institutional Conflicts and Complementarities" This publication is intent on building bridges between economics and the other social sciences. The focus is on the interaction between monetary policy and wage bargaining institutions in European Monetary Union (EMU). 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.
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This important collection presents an authoritative selection of papers on "Institutional Conflicts and Complementarities" This publication is intent on building bridges between economics and the other social sciences. The focus is on the interaction between monetary policy and wage bargaining institutions in European Monetary Union (EMU). 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.
Imprint | Springer-Verlag New York |
Country of origin | United States |
Release date | December 2003 |
Availability | Expected to ship within 10 - 15 working days |
First published | 2004 |
Editors | Robert Franzese, Peter Mooslechner, Martin Schurz |
Dimensions | 240 x 160 x 17mm (L x W x T) |
Format | Hardcover |
Pages | 278 |
Edition | 2004 ed. |
ISBN-13 | 978-1-4020-7536-0 |
Barcode | 9781402075360 |
Categories | |
LSN | 1-4020-7536-7 |