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Rheinische Friedrich-Wilhelms-Universität Bonn >
Zentrum für Europäische Integrationsforschung (ZEI), Universität Bonn >
ZEI Working Papers, Zentrum für Europäische Integrationsforschung, Universität Bonn >
Please use this identifier to cite or link to this item:
http://hdl.handle.net/10419/39559
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Full metadata record
| DC Field | | Value | | Language |
| dc.contributor.author | | Cavallari, Lilia | | en_US |
| dc.date.accessioned | | 2010-09-01T09:47:54Z | | - |
| dc.date.available | | 2010-09-01T09:47:54Z | | - |
| dc.date.issued | | 2001 | | en_US |
| dc.identifier.uri | | http://hdl.handle.net/10419/39559 | | - |
| dc.description.abstract | | Building on a micro-founded model of a two region-world economy in the tradition of the new open economy literature, this paper analyses the strategic interaction of large wage-setters and the central bank when switching from a regime of uncoordinated national monetary policies to a monetary union. The establishment of a monetary union is shown to favour wage restraint, provided the uni…ed central bank is not too conservative. Wage discipline may reduce equilibrium in‡ation in a monetary union relative to the one under uncoordinated national monetary policies when wage setting is centralised across member countries. | | - |
| dc.language.iso | | eng | | en_US |
| dc.publisher | | ZEI Bonn | | en_US |
| dc.relation.ispartofseries | | ZEI working paper B 11-2001 | | en_US |
| dc.subject.jel | | E5 | | - |
| dc.subject.jel | | F4 | | - |
| dc.subject.ddc | | 330 | | en_US |
| dc.subject.keyword | | monetary union | | - |
| dc.subject.keyword | | wage bargaining | | - |
| dc.subject.keyword | | inflationary bias | | - |
| dc.subject.stw | | Währungsunion | | en_US |
| dc.subject.stw | | Inflation | | en_US |
| dc.subject.stw | | Lohnverhandlungstheorie | | en_US |
| dc.subject.stw | | Geldpolitik | | en_US |
| dc.subject.stw | | Internationale wirtschaftspolitische Koordination | | en_US |
| dc.title | | Inflationary performance in a monetary union with large wage setters | | en_US |
| dc.type | | Working Paper | | en_US |
| dc.identifier.ppn | | 334859409 | | en_US |
| dc.rights | | http://www.econstor.eu/dspace/Nutzungsbedingungen | | - |
| dc.identifier.repec | | RePEc:zbw:zeiwps:B112001 | | - |
| Appears in Collections: | | ZEI Working Papers, Zentrum für Europäische Integrationsforschung, Universität Bonn
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