Zum Hauptinhalt springen Zur Suche springen Zur Hauptnavigation springen
Herzlich Willkommen!
Sebastian Dullien gives a novel explanation for unemployment and inflation in the Euro-Zone. He argues that unemployment stems from a lack of co-operation between unions and monetary authorities: In an economy with endogenous money as EMU, wage setters are responsible for price stability while the central bank is responsible for the level of output. Co-operation between both actors is necessary for high employment and low inflation. The current institutional set-up is found to be unable to assure cooperation.
Autor: Dullien, S.
ISBN: 9781349520800
Sprache: Englisch
Seitenzahl: 276
Produktart: Kartoniert / Broschiert
Verlag: Palgrave Macmillan UK
Veröffentlicht: 01.01.2004
Untertitel: Lessons from the Endogenous Money Approach
Schlagworte: Inflation employment monetary policy monetary union money unemployment unions
SEBASTIAN DULLIEN is Economics Correspondent at the Financial Times Deutschland , the German language edition of the FT. Previously he worked as a short term expert for the Deutsches Institut für Wirtschaftsforschung. He also teaches at the Freie Universität in Berlin.

Das könnte Sie auch interessieren