Monetary Union and Pegging in the Presence of Labor Unions

Released on by Attila Korpos
preview-18

  • Monetary Union and Pegging in the Presence of Labor Unions Book Detail

  • Author : Attila Korpos
  • Release Date : 2012
  • Publisher :
  • Genre :
  • Pages : 0
  • ISBN 13 :
  • File Size : 81,81 MB
DOWNLOAD BOOK

Monetary Union and Pegging in the Presence of Labor Unions by Attila Korpos PDF Summary

Book Description: As the European Economic and Monetary Union grows, power over monetary policy is shifting away from the original founders. Previously, researchers have analyzed the impact of replacing an exchange-rate peg with a monetary union in the presence of labor unions. In these studies, the authors have consistently concluded that unemployment in the country that originally controlled monetary policy will rise, although they cite very different reasons. In this paper, we present a more general model that reproduces the previous results in special cases and clarifies the relations across the results. In addition, the more general model shows that the results are reversed in certain conditions.

Disclaimer: www.yourbookbest.com does not own Monetary Union and Pegging in the Presence of Labor Unions books pdf, neither created or scanned. We just provide the link that is already available on the internet, public domain and in Google Drive. If any way it violates the law or has any issues, then kindly mail us via contact us page to request the removal of the link.

The GCC Monetary Union

The GCC Monetary Union

File Size : 33,33 MB
Total View : 2956 Views
DOWNLOAD

We compare the dollar peg to a dollar-euro basket peg as alternative exchange rate regimes for the incipient Gulf Cooperation Council (GCC) currency union. Quan

One Market, One Money

One Market, One Money

File Size : 93,93 MB
Total View : 269 Views
DOWNLOAD

The European Community is negotiating a new treaty to establish the constitutional foundations of an economic and monetary union in the course of the 1990s. Thi

The Monetary Geography of Africa

The Monetary Geography of Africa

File Size : 2,2 MB
Total View : 1710 Views
DOWNLOAD

Africa is working toward the goal of creating a common currency that would serve as a symbol of African unity. The advantages of a common currency include lower

Commodity Prices and Markets

Commodity Prices and Markets

File Size : 75,75 MB
Total View : 2194 Views
DOWNLOAD

Fluctuations of commodity prices, most notably of oil, capture considerable attention and have been tied to important economic effects. This book advances our u